Payments Orchestration™
The mobile payments marketplace is evolving rapidly with varying degrees of consumer adoption. The spectrum of regional adoption curves is very broad due to cultural differences, local regulations and differences in the maturity of telecommunications and financial services infrastructure. As with any new marketplace, business opportunities in the mobile payments market will evolve rapidly as consumer behavior evolves and matures.
Businesses wishing to compete in the mobile payments arena need an open and flexible mobile payment processing architecture that will readily support the rollout of emerging applications and services. Winners in this marketplace will be those who have built a flexible and agile infrastructure that allows for:
- The profitable delivery of specialized services, and
- The ability to easily and cost-efficiently scale as subscriber bases rapidly grow
The right solution for Communications Service Providers entering this market is one that provides a comprehensive feature-set that includes components from both telecom and payments applications. This solution needs to incorporate components that can be quickly and flexibly combined to enable rapid delivery of customized applications tailored to support these emerging business models.
Payments Orchestration by Kabira™ is an open and flexible mobile transaction processing solution suite that allows mobile network operators, service providers and financial institutions to deliver, mobile airtime and money services – nationwide or across countries – from airtime recharges up to remittances services or utilities bill payments. Kabira’s Payments Orchestration product suite has been designed to integrate readily with external systems and networks. It provides the industry specific interfaces, adapters and message handling capability needed to connect to telecom and payments networks.
Kabira’s Payments Orchestration product suite provides the following product elements:
All of these product elements rely on the same technical and business components infrastructure, enabling them to be combined for use in a single deployment to provide flexible support for new services.
Included with the solution set are application processes that act as templates to build business-specific mobile solutions. These application processes have been designed to be extensible so as to support the evolving nature of mobile offerings. The solution is delivered with an open development platform to enable customers and partners to adapt business processes and create differentiating & innovative use cases.
