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Ericsson unveils ecosystem hub for mobile money

By PRINCE OSUAGWU
DURING the Mobile World Congress 2012 which just ended, Ericsson Wallet Platform last week unveiled its new extended suite of m-commerce solutions and services. The Ericsson solution is designed to accelerate access and interconnection between the emerging m-commerce eco-system and the financial world to fast track the next generation of mobile financial services.

The two Ericsson i services within its m-commerce portfolio — Ericsson Converged Wallet and Ericsson Merchant Wallet were showcased at Mobile World Services in Barcelona in addition to Ericsson Wallet Platform and Ericsson M-commerce Interconnect.

Head of M-commerce, Ericsson, Adam Kerr, said “This is an exciting time for the m-commerce industry, which is expected to process over USD 800 billion globally by 2016. At Ericsson M-commerce we are in a unique position to work with strategic partners to kick-start the next wave of growth of the M-commerce eco-system.”

“Right now we are very focused on providing services that give our partners across the eco-system a fast route to provide their consumers with more m-wallet and platform independent services and greater payments choice. Through our enhanced suit of services we will enable partners to get closer to their customers through differentiated wallet services that connect and add value to their consumers,” said Kerr.

Acording to the company, the Ericsson M-commerce services portfolio is designed to provide the world’s leading consumers brands with the infrastructure and solutions needed to create and connect m-wallets across a global m-commerce eco-system.


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