ITU Telecom World 2003

October 16, 2003
Amdocs Launches v4.0 of commerce payments product

GENEVA -- Amdocs, the world's leading provider of billing and CRM, announced the general availability of v4.0 of its commerce payments product. It enables mobile payment by authorising and charging for third-party content, commerce and applications in real-time, while providing end users with a simple and secure transaction experience and a flexible choice of payment methods.

Already incorporating advanced architecture to enable unique plug-in integration with legacy and third-party systems, outstanding carrier-grade capabilities, easily configurable authorisation flow and compatibility with industry standards, Amdocs commerce payments offers key new features, including software development kit (SDK) for easy, cost-effective partner integration; stored value account (SVA) capabilities enabling dedicated accounts for content and commerce expenditures; pay-per-use and subscription-based purchase options; ability to apply user-defined spending limits for enhanced user control over content and commerce expenditures; and pre-integration with the Amdocs enabler product to allow complex rating and cross product discounts for content and commerce services.

Amdocs' commerce payments enables operators and their content and commerce partners to increase mutual profits and improve cash flow from mobile payment transactions. The SDK facilitates simplified, low-cost integration with third party systems, thereby attracting more partner opportunities and creating additional revenue sources. The SVA capabilities lower the risk associated with introducing new premium mobile services. In addition, new user access and payment control for subscription-based services promote longer-term usage and expenditure, increase service delivery options, and serve to further secure cash flow.

The product ensures enhanced customer satisfaction and loyalty with new flexible authentication rules allowing users to easily purchase and pay for content and commerce services with the fewest number of keystrokes. In addition, lifetime integration with the Amdocs enabler product results in marketing advantages through bundled offerings and significant cost of ownership savings through the consolidation of convergent billing, rating and payment capabilities across all services and payment options, on a single carrier-grade platform.

excelcom, a leading mobile operator in Indonesia, implemented Amdocs enabler earlier this year, and is now adding the Amdocs commerce payments product, realising significant cost of ownership savings.

Werner Noz, director, network operations, excelcom, said: "Amdocs commerce payments allows us to effectively capitalise on our existing investments to drive new profits from online transactions while eliminating any associated risks. Offering end users a secure payment channel utilising their prepaid balance, as well as real-time advice-of-charge (AoC), Amdocs commerce payment ensures maximum user control and satisfaction, encouraging usage of new partner-based offerings and driving higher AMPU."

Michael Matthews, chief marketing officer, Amdocs, added: "Amdocs' commerce payments provides clear market advantages for revenue creation in the emerging premium value chain. With a comprehensive services and products portfolio and exceptional market vision, Amdocs is the only vendor that can offer leading providers a single point-of-contact for unmatched choice, flexibility and carrier-grade power to help them drive profitability and address the current and future business imperatives of the mobile marketplace."