Mobile Payments

Mobile payment solutions provide you the financial mobility with the help of advanced technologies that enable the mobile transfer of funds in a secure environment. Mobile phones have proven to hold extended unique financial abilities for Individuals, Retailers, Companies, Telecom operators and Banks to inter-operate for seamless, safe and reliable financial transactions. The buzzword is now M-Banking.

With the advent of mobile solutions you are able to do bill payments, as well as buy pre-paid airtime and other services such as electricity recharge vouchers all from your preferred mobile operator. Mobile banking solutions also allow you to make payments to other people, buy goods and stay in touch with your money anytime and anywhere.

Tarang has implemented the following solutions for its customers:

• Mobile Top Up
• Account Wallet
• Bill payments

The Mobile industry has been growing at a fast pace globally and the Prepaid segment commands a dominant share in the mobile usage space. Mobile operators continue to roll out new electronic services to widen their distribution network and lower costs. Tarang m-Top up solution enables mobile subscribers recharge their mobile airtime without the use of vouchers. They can recharge by using credit card/debit card. Tarang m-Top up helps make the prepaid model more profitable and at the same time gives their subscribers a more convenient method of topping up, anytime, anywhere. Multiple channels like the Internet, SMS, WAP etc can be used. This electronic recharge method links directly with the operator's prepaid system.

Topping up the prepaid card can happen:

• Over the Internet
• Electronic Top up through SMS

• Convenience: Anytime, Anywhere Mobile Top up for any specified currency denominations.
• More revenues: Quick/ Fast efficient way to top-up even in the middle of the night, without having to go to a shop / vendor
• Fraud: No issues of Card Pilferage
• Growth: Year-on-Year growth and constant stream of revenues
• Value Add: More value-add to customers from a traditional payment approach
• Deeper Penetration: Increase in reach and aides penetration to new markets
• Branding: Establishes strong branding thereby enabling the Telco as a stronger player in the market; Lead over the competition, before even they could enter

Tarang Account Wallet world-class solution helps in Unified View of Multiple Web-based Accounts. This secure and scalable solution aggregates financial information but also the lifestyle, news and others as well. The greatest benefit is the Single Sign-On feature, which enables users to log into multiple accounts with a single user name and password.

Tarang Account Wallet solution is customizable for the credit/debit and prepaid transaction for payments and works on multiple Java enabled devices including palm, Mnokia and Pocket PC to build new applications that provide benefits of mobility and access to enterprise applications for customers, merchants, banks, etc.

Bill payments: Tarang has implemented Bill Payment solutions using Mobile Phones for a Mobile Payments company. A thin client application on the handheld device synchronizes with the Wallet server. The Wallet server sends the latest bill. The user selects Mobile as the payment mode. Bill details are viewed and the card through which payment is to be made is confirmed. This information is passed on to the Wallet Server which requests for financial settlement. The Bank does the settlement and informs the Wallet Server. This information is conveyed to the user through the mobile operator. On the Wallet Server the particular bill is marked as paid and the receipt is stored.

• Application development for Java enabled mobile systems J2ME and Windows CE enabled systems
• QA Testing Service for Wireless and embedded systems like Tool/SDK verification on multiple devices
• Multi-channel web application development
• Palm application development using Scout Builder
• Palm Sync conduit development using Scout Sync
• WML application development using TMAP
• Windows CE application development using embedded Visual Basic Competency is available even on embedded C, Visual C++)
• SyncML based sync server developed for Ramco mobile EAM and tested successfully
• Account Aggregation application development using J2ME Technology
• Handling SMS for different applications