Mobile devices aren’t just for browsing. Consumers now reach for their phones to transact, especially when it’s part of a complete, end-to-end experience. Make it easy for them to store their preferred payment instruments, and use them, to purchase goods, top-off credit balances, make P2P transfers, pay bills, and more.
Key Features
- Incorporate flexible, end-to-end, mobile payment services built for retailers, banks, telcos and more
- Enable consumers to pay using debit, credit, gift card and stored valued accounts, from their wallet
- Reduce the cost of payment processing by deploying a stored value account program
- Generate new revenue by offering remittances, P2P transfers, bill pay, merchant payments and more
- Empower consumers via any mobile device, including feature phones and smart phones
Business Value
- Flexible, integrated mobile payment options
- Offers all payment instruments as pay before, pay now, and pay later in one solution
- Potential to reduce transaction costs
Use Cases
- Easy-to-use mobile transaction channel
- Payment option like gift cards, credit cards, stored value accounts and loyalty points.
- Supports SMS, mobile web, app, supplementary service data and NFC.
- mWallet and mPayment (including pay at POS)
- Post-sales service
SAP insights and references
61% Of retailers recognize the huge importance of enterprise mobility, whereas 74% have yet to implement these enablers extensively (Source: SAP Performance Benchmarking)