Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

XL Axiata Deploys Amdocs Mobile Payments for Direct Carrier Billing

DOX
XL Axiata Deploys Amdocs Mobile Payments for Direct Carrier Billing

Indonesian service provider becomes first operator in Asia Pacific to enable carrier billing for Microsoft's Windows Phone Store; Highly scalable, cloud-based mobile payments solution also pre-integrated with Google Play and leading aggregators

ST. LOUIS, June 20, 2013 /PRNewswire/ -- Amdocs (NYSE: DOX), the leading provider of customer experience systems and services, today announced that XL Axiata, one of Indonesia's leading mobile service providers with almost 50 million subscribers, has deployed the Amdocs Mobile Payments solution to enable direct carrier billing for leading app stores. With this deployment, XL Axiata is the first service provider in Asia Pacific (APAC) to offer the improved payment experience of direct carrier billing at Microsoft's Windows Phone Store to its subscribers.

(Logo: http://photos.prnewswire.com/prnh/20120722/NY44154LOGO )

Initially enabled for the Windows Phone Store, Amdocs Mobile Payments solution allows consumers to purchase apps and in-app content without the need to use a credit card or the inconvenience of lengthy registration processes, and enables XL Axiata to extend the service to other app stores, such as Google Play, and leading global aggregators as they enter the Indonesian market.

"More than 80 percent of the Indonesian population does not have a bank account or credit card, but almost all have a mobile phone," said Dian Siswarini, Chief of Digital Services at XL Axiata. "With Amdocs, we enable our 49.1 million mobile subscribers to participate in the booming digital economy by buying digital goods like apps, games, music and ebooks using their XL mobile account. The Amdocs Mobile Payments solution offers XL Axiata's customers a frictionless payment experience in the leading app stores, making XL Axiata the first to market with new partners and innovative services."

"Recent research by Amdocs and Juniper Research showed that the seamless payment experience of Direct Carrier Billing increases app store sales conversions by up to five times," said Rebecca Prudhomme, vice president for product and solution marketing at Amdocs. "This is most evident in emerging markets like Indonesia where the majority of the population is unbanked. Amdocs' highly scalable mobile payments solution is pre-integrated with leading app stores and aggregators, readying mobile operators to quickly monetize their consumers' digital consumption."

The Amdocs Mobile Payments solution is a cloud-based gateway offered "as a service", based on Amdocs' decade-long experience and expertise in processing mobile payments on behalf of large operators.  Carrier billing's share of app store purchases worldwide will more than double from 2012 to 2016, to reach $11.1 billion in 2016, according to Yankee Group. #  

#Carrier Billing: The Latent Operator Opportunity, Yankee Group, August 2012

Supporting Resources

  • Learn more about Amdocs Mobile Payments
  • Download the Juniper Research-Amdocs white paper, Mobile Payments in the App Store Economy: Winning Strategies for Telcos
  • Keep up with Amdocs news by visiting the company's website
  • Subscribe to Amdocs' RSS Feed and follow Amdocs Mobile Payments on Facebook and Twitter.  

About Amdocs

For more than 30 years, Amdocs has ensured service providers' success and embraced their biggest challenges. To win in the connected world, service providers rely on Amdocs to simplify the customer experience, harness the data explosion, stay ahead with new services and improve operational efficiency. The global company uniquely combines a market-leading BSS, OSS and network control product portfolio with value-driven professional services and managed services operations. With revenue of $3.2 billion in fiscal 2012, Amdocs and its 20,000 employees serve customers in more than 60 countries.

Amdocs: Embrace Challenge, Experience Success.

For more information, visit Amdocs at www.amdocs.com

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2012 filed on December 11, 2012 and our quarterly 6-K filed forms furnished on February 12 and May 16, 2013.

SOURCE Amdocs



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today