IBM and paybox form joint initiative to drive m-commerce through new wireless payment solutions

August 15, 2002

1 Min Read

STUTTGART, Germany -- IBM and leading international m-payment provider, AG, have announced a joint initiative to drive m-commerce through an integration of systems and an expansion of services.IBM Global Services will combine its wireless e-business consulting, services and integration capabilities with paybox mobile payment solutions. This collaboration unlocks m-commerce potential through innovations that include wireless vending machine payments and retail point-of-purchase solutions.Adding this wide range of point-of-sale outlets to paybox's existing person-to-person, on-line, mobile, and conventional payment solutions, IBM and paybox will enable even more everyday transactions to be securely initiated and authorised from wireless devices.Providing retail, finance and banking organisations and wireless operators with a range of robust, reliable and convenient m-commerce services, the joint offerings will be based on an integration of paybox applications with IBM's WebSphere platform and IBM Retail solutions. paybox mobile payment can be easily integrated into the service portfolio of banks and wireless network operators."As organisations seek to incorporate wireless transactions into their multi-channel payment strategy, they need to build fully-integrated, secure and scalable mobile payment platforms," said Dr Martin Mähler, Director, Wireless e-business at IBM Global Services, Central Region."The combination of IBM's leadership in wireless consulting and integration services with paybox's application and payment processing expertise is a big step forward in maximising the value of companies' existing e-business investments and providing a key building block to enable business transformation."IBM Global Services

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