Wednesday 21 November 2007

Mobile Payment Infrastructure in Mexico

CPNI has announced an agreement with PROSA (Promocion y Operacion, S.A. de C.V.), the largest provider of electronic transactions in Latin America, in which PROSA will provide financial institutions in Mexico with the centralized payments processing backbone for CPNI's Phone Authorized Transfer (PAT) mobile payment solutions.


PAT global, bank-branded mobile solutions enable bank customers to make payments and transfers or access banking services using a mobile phone. PAT offerings feature global mobile payment message routing, which empowers banks to offer person to person and person to merchant remote payments and transfers as well as mobile banking services. Banks are able to leverage their existing accounts, security processes and settlement channels. [Read more]

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