Ericsson Wallet Platform, a secure, convenient, fast and affordable way to:
With Ericsson Wallet Platform, operators can gain new revenues from transaction fees, international remittance, a monetized float and increased traffic in the network, as well as attract new customers and retain existing ones. Combined with lowered opex from simplified commission structures and distribution processes, our research shows average revenue per user can climb by more than 10 percent.
The system is designed according to general financial rules and regulations and can be adapted to fulfill specific local rules and regulations.
Ericsson Wallet Platform has the flexibility to be used to:
Mobile money service providers are generating revenues mainly through:
Indirect benefits when introducing mobile money are:
In emerging markets in particular, the effect of introducing mobile money can be to increase ARPU by more than 10 percent.
Mobile money service providers will reduce costs, thanks to simplified commission structures and distribution processes.