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.