Mobile commerce platform
The platform provides an opportunity to use funds on the balance of the subscriber's account of the mobile network operator for making payments to any merchants, money transfers to mobile numbers of the other mobile operators or a bank accounts.
Features and benefits
- Payments, money transfers, balance check, mini statement or change PIN using SMS, USSD, IVR, website or mobile application
- Customer self registration and authorization:
- with mobile number or by security code from SMS
- automatic registration (authorization) when entering the application through the operator's network
- authorization from different devices under the same account
- Possibility to issue a bill to another subscriber to pay
- Catalogue of merchants by geographic location, popularity, etc.
- Integration with CRM and ability to integrate customer support into a mobile application and subscriber web interface
- Verification of the details of the merchant before payment
- Website for service management and administration. Statistics and reports on the operation of the platform
- Fault-tolerant architecture with the dynamically load balancing
- The possibility of easy integration with any billing systems of different vendors (prepaid and postpaid)
- Virtual bank cards linked to mobile account
Mobile Microinsurance
Insurance is a very old business. Now, in the insurance industry, as in the banking sector, major changes are taking place. Mobile network operators, online scoring, AI, GPS tracking, wearable devices, all of these can help insurance companies build more finely delineated groupings of risk, allowing products to be priced more competitively. We help mobile operators and insurance companies work with new technologies, get closer to each other, earn extra revenue, better manage risk, improve subscriber loyalty and optimize sales. Our technology innovations designed to squeeze out savings and efficiency from the current insurance industry model.
Collecting premiums is a major challenge for the microinsurance industry. Exploiting new channels for premium collection can result in higher renewal rates, particularly when used to extend flexibility for poor customers with irregular incomes. The mobile infrastructure offers several ways to collect premiums from customers—and, in some cases, to disburse payouts, too.
Mobile daily subscription to insurance by SMS, USSD or IVR can cover on-demand insurance for micro-events like borrowing a friend's car, travelling, accident, life or hospital insurance.
Our solutions of the mobile-delivered insurance is able to bridge the gap between insurance companies and mobile network operators.
Online loan
Online loan allows to instantly increase balance of the mobile phone account due to the activation of the loan. Online loan is based on the advanced credit risk management and marketing capabilities, deployed via an advanced and extremely flexible a wholly owned internationally certified payment service ArsenalPay. We provide control all aspects of segmentation, scoring, testing and strategy assignment. ArsenalPay has developed generic scoring models to predict credit risk and propensity to drive the decision regarding the right amount and the price at which to offer loan. These generic models are fine tuned on a periodic basis to better reflect the subscriber base for each client. As a result, the predictive power of the models increases in time as additional data is gathered.
Features
- Loan during the call
- Auto loan (auto recurring when running out of balance)
- Partial loan (to auto renew the subscribed plan or internet package)
- Voice package or Data package loan request
- Options can be managed via free SMS, USSD or IVR commands
