mCommerce

This is a payment service with a simple interface - either by SMS or WAP - which allows for payment by Visa, MasterCard, PayEx Account and PayEx Cash Card.

The system works independently of mobile provider, banks and geographic boundaries.

With PayEx mCommerce, users can perform the following transactions via their mobile phones:

• Set up a PayEx Account (SMS)
• Deposit funds by PayEx Pre-Paid Voucher (SMS/WAP) and credit card (WAP)
• Transfer funds person-to-person (SMS/WAP)
• Make payments by PayEx Account (SMS/WAP) and credit card (WAP)

PayEx mCommerce opens the door to an entirely new sales channel on a market in significant growth.