Mobile payments break through as "Payitmobile" joint venture launches Tuesday 10 April 2001 PDF Print Dortmund, 10. April 2001. The mobile phone company E-Plus, GZS Gesellschaft fr Zahlungssysteme mbH (Company for Payment Systems Ltd) with its joint venture company Payitmobile, the technology company MATERNA and international consultants Accenture intend to found a joint venture under the catchy title "Payitmobile". The goal is to establish a user-friendly and universally applicable mobile payment system. The members already possess the mature technology needed and can guarantee the smooth introduction of the system. A pilot phase will start in the middle of this year. Within the next three to four years, 10 million customers from all the networks in Germany should be able to make mobile payments for products and services via Payitmobile. Joint venture bundles know-how The joint venture bundles the know-how of the partners: E-Plus as the third largest mobile phone network operator in Germany contributes experience with mobile and internet-based services, GZS brings its expertise in handling cashless and card payments. The partnership with GZS also guarantees convenient and simple payment by credit card, EC-card or direct debit. Here GZS handles the complete collection procedure. Because Payitmobile wants to cover all payment procedures in future, payments of any size can be accepted. The MATERNA group is one of the leading independent software houses in the information and communications technology sector in Germany. It is experienced in integrating internet shops, in the development of mobile value-added services as well as in the mass handling of mobile transactions. Accenture takes on the management of the partnership in the joint venture and supplies the knowledge for developing the marketing strategy as well as scaling for the high number of users. Payitmobile functions as an interface between the mobile phone network operators and GZS. Together, these partners want to ease the launch of m-commerce onto the market considerably. Uniform system for mobile payment The joined venture wants to win further partners in future in order to establish Payitmobile as the leading payment system on the German market. The initiative is open for other German mobile phone network operators, service providers and banks. In addition, the new payment system is to be made accessible all over Europe using a franchising concept. The joint venture responds to the wishes of traders and mobile phone customers for a uniform system. Secure and easy payment by mobile phone In future with Payitmobile, it will be possible to use a mobile phone to make cashless payments alongside EC- and credit cards. Customers will be able to use it to pay for their groceries in supermarkets, for example, or to transfer money between bank accounts. The same applies to goods ordered by telephone or in the internet and, in future, multimedia content called up direct via mobile phones. Payitmobile is particularly attractive because it is both user-friendly and secure. Customers identify themselves when turning on their mobile phone by entering their mobile phone number. In addition to this, they use a PIN code supplied by Payitmobile for each payment transaction. This eliminates the possibility of misuse. Traders, in particular, will profit from Payitmobile: the system is independent of fixed-line connections and allows them to make all sorts of electronic invoice checks. The new payment system can be integrated for mobile phone providers within two months and the customer will quickly be able to participate in making mobile payments. As many traders are already co-operating with GZS and E-Plus today, customers will be able to make mobile payments at many accepted outlets using Payitmobile as soon as the service starts. E-Plus, with 7.2 million customers (2/2001), is the third largest German mobile phone operator. The company's high quality net is characterised by a high speech quality and network capacity that have been recognised for their excellence. In order to open the future market for mobile multimedia, E-Plus is pursuing a consistent mobile data strategy. E-Plus users can call up services using their mobile phones - via speech, SMS and WAP - or the internet. This makes E-Plus the first mobile phone operator in Germany to lift the barrier between the separate use of WAP and online portals. As the owner of a UMTS licence, E-Plus will be able to offer its customers the first services based on UMTS from 2002. The GZS Gesellschaft fr Zahlungssysteme mbH (Company for Payments Systems) is the leading German processing service provider for the professional handling of cashless and card payments. In addition, it offers innovative services in the area of intelligent transaction processing. In issuing processing, more than 2700 credit institutions trust GZS with processing their credit cards. Over 400 000 traders work together with GZS to offer their customers cashless payment facilities. More than 1000 staff take care of nearly 7 million credit card owners with almost 350 million transactions per year. Accenture, formerly known as Andersen Consulting, is an international consulting company for management and technology with an annual turnover of US$ 10 billion. The company sees itself as a pioneer and designing force of the real economy. With more than 70 000 staff in 46 countries it has a large range of services and innovative solutions on hand for customers from all sections of industry including consulting services, technology, outsourcing, alliances and venture capital. About MATERNA Information & Communications The MATERNA group is a leading software distributor specialising in information and communications technology. The company currently employs over 1,250 members of staff worldwide and achieved a turnover in 2000 of 178 million Euro (DM 349 million). In addition to its headquarters in Dortmund, the company has branch offices throughout the whole of Germany as well as in France, Austria, Belgium, the Netherlands, United Kingdom, the Czech Republic and Hong Kong. MATERNA's Business Unit Information creates e-business solutions for electronic trading on the Internet. The Internet strategy "e3-solutions" comprises services in the fields of e-business, e-customer relationship management and e-management. The Business Unit Communications offers products and solutions in the areas of mobile solutions and unified messaging. These primarily include mobile value added services based on WAP and SMS which are marketed under the brand name Anny Way. +++ PHOTOGRAPHY AVAILABLE UPON REQUEST +++ Further information: Rose Ross Omarketing Tel: +44 (0)20 8255 5225 E-mail: email@example.com www.omarketing.co.uk Michael Ohajuru Sales and Marketing Director MATERNA Communications plc Tel: +44 (0)1474 470 470 E-mail: firstname.lastname@example.org www.annyway.com / www.materna.com This press release was distributed by ResponseSource Press Release Wire on behalf of Omarketing Limited in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.