Telenor enabled users to make payments via mobile phone

Owing to M-payment service, users will carry only a mobile phone for making payments instead of a wallet. The project is supported by four banks and the Ministry of Telecommunications
November 15, 2010 – Serbia is one of a few countries in Europe where, owing to Telenor, a simple and safe system of making payments via a mobile phone directly from a bank account will be at disposal. Citizens of Serbia are getting the latest service which will gradually replace a wallet with a mobile phone. Telenor postpaid subscribers with a current account in one of partner banks can use the service.
Komercijalna banka, Raiffeisen, Erste and Credit Agricole are the first four banks which support this service, which already functions in countries such as Japan, Norway, Italy, Slovenia, Turkey. In Austria, for instance, users can by city transportation, train, plane, theatre, concert or cinema tickets, as well as extend their parking time, pay for a taxi fare for them and others, a drink in a café and food in a restaurant, shop in supermarkets, etc.
Owing to the M-payment service, payment of Telenor phone bills, sending money to other users of the M-payment service, shopping in online stores, and topping up of any prepaid number in Telenor network will be provided first, directly from a bank account. Telenor subscribers will soon be able to pay utility, electricity, cable TV, Internet, and hotel bills, as well as bills in restaurants and stores, via a mobile phone.
Safe and fast money transaction, with the highest-level data security, is provided owing to special phone cards (WPKI SIM) with an electronic certificate of Halcom, and a protected channel between a phone and a bank.

Minister Jasna Matić, representatives of four banks, Halcom and Telenor participated on the press event. 
“Three out of ten best mobile applications which, according to the latest surveys, will significantly influence the telecoms sector by 2012 are part of the M-payment service. By introducing this service, Telenor has developed a platform which will connect the telecoms and financial sectors. We believe that in this manner we will contribute to the development of advanced technological solutions at the market and their wide use,” says Gabor Kocsis, Chief Financial Officer of Telenor.
The Ministry of Telecommunications and Information Society has supported this service, and owing to cooperation with E-administration, all M-payment service users will be provided with access to E-administration, enabling them to order personal documents such as birth and citizenship certificates.
“The promotion of e-services we have attended in Telenor today represents a significant step in the development of e-business in Serbia. The services we have presented are based on the implementation of several latest technological trends in mobile telephony, e-payments and e-signatures. Our Ministry has recently registered the fourth certification body for issuing qualified electronic certificates - Halcom – which will, in cooperation with Telenor, for the first time in the Republic of Serbia issue qualified e-signatures on mobile phone cards to citizens. In addition to significant investments of the state in projects of developing e-administration and information society, private investments in e-business projects, such as new electronic services of Telenor which are launched today, are also exceptionally important for the overall development in this area,” says Jasna Matić, Minister of Telecommunications and Information Society.
To activate the M-payment service, users need to have a SIM card with an electronic signature, which can be obtained in any Telenor store. After the card activation, a mobile phone will display a Telenor SIM menu with mCertificate, and subscribers will sign their certificate using their sPIN code. Following the certificate activation, a user connects his/her bank account with the certificate on the SIM card in a bank. The M-payment service can be used at all phones, with no difference and limitations.

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