Sybase 365 in pact with Qatar Telecom to offer mobile money services

Sybase 365 announced that it has initiated
a partnership with Qatar Telecom (QTEL) to provide mobile money services in
Qatar. Sybase 365 will provide its mobile wallet (mWallet) software to enable
Qtel’s latest mobile money service.

The Qtel Mobile Money service will provide
customers with the ability to use mobile devices to transfer money, recharge
phone credit and make payments both domestically and internationally. The
Mobile Money service will support all mobile channels, including SMS messaging,
mobile browser and downloadable clients on any mobile device with any currency.

Qtel has a solid client base throughout the
Middle East and North Africa (MENA) markets. A large portion of the MENA market
is comprised of foreign workers and residents which constantly transfer funds
overseas, according to Sybase 365.

“Today’s global economy is becoming a
mobile economy with consumers requiring convenient access to transaction
channels anytime, anywhere. Our partnership with the Qtel Group to provide a
leading mWallet solution is pioneering the way customers interact with their
financial institutions and communities,” said Matthew Talbot, mCommerce senior
VP, Sybase 365.

By Team
[email protected]