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Celltel launches mobile wallet

A mobile phone accessed Secure Digital Wallet facility that enables users to make payments for goods and services with a simple SMS (Short Message Service), will be launched this week by Celltel Lanka (Pvt) Limited, establishing a convergence of mobile communications and information technology in Sri Lanka, a statement from celltel said.

The CellWallet will provide encrypted electronic storage for information pertaining to a user's credit cards, debit cards, bank accounts and other personal data, allowing the user to issue payment instructions from his or her mobile phone, without having to transmit such sensitive data 'over the air' for each transaction.

Using Network 365 mzone avatar, a secure mobile wallet enabling secure macro and micro payments, personalisation and identification, CellWallet will be launched in Sri Lanka in collaboration with hSenid, a premier mobile software applications developer and Sampath Bank, which provides the Internet Payment Gateway and acts as a clearing house for transactions. Network 365 is the Ireland-based provider of secure mobile payment platforms. "This is one of the most exciting, innovative and convenience-enhancing products to date in the local mobile phone sector", Celltel CEO Dumindra Ratnayaka said.

"CellWallet exemplifies how the rapid evolution of mobile phone-based IT services can enhance and enrich our lifestyle he said. Raomal Perera, Chief Executive Officer of Network 365, voted one Europe's 50 hottest tech firms by TIME magazine, said Celltel is Sri Lanka's most dynamic mobile operator and we are very excited to be working closely with them. Celltel is an early adopter of pioneering technologies and it is very significant that they have chosen Network 365's mobile wallet to meet their customers' requirements in this growing MCommerce market.

the successful deployment of zone avatar will enable Celltel to offer innovative mobile payment services which are secure, convenient and cost effective.

Senid Software International CEO, Dinesh Saparamadu said that CellWallet will be an inspiration for a new generation of innovative products in this market".

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