Most mobile network operators already have some form of mobile commerce service, which at a minimum allows customers to download mobile content (ringtones, music, mobile TV) from the operator’s portal.  Mobile parking and ticketing have also fast become two of the most popular and widely adopted m-commerce services in developed markets. Without Trivnet, the source of these payments is likely to be limited to the customer’s pre-paid or post-paid telecom accounts.

Trivnet expands such services and powers new payment services far beyond micro-payments and premium services.  With Trivnet, operators can capitalize on their assets and tap into the huge revenue stream of electronic and mobile payments - estimated at $300 billion by 2013.

With Trivnet’s solution, customers associate multiple payment instruments (e.g. credit cards, prepaid cards, bank accounts and loyalty cards) to their MNO account and use the mobile phone to complete payment transactions. The mobile phone can thus be used to buy digital and physical goods and services, both online and offline, remotely or in-store.

Building the Merchant Ecosystem

With the mobile phone transformed into a payment device, customers now need places to use it instead of cash or plastic – stores, restaurants, web sites, unattended kiosks, vending and ticketing machines and gas stations, to name a few. Crucial to the success of a mobile commerce ecosystem is the ability to quickly build up the network of merchants that accept the mobile wallet as a means of payment. With Trivnet, merchants and merchant aggregators join the ecosystem as easily as they integrate with a clearing gateway.

Using Trivnet’s Merchant API, a lightweight software component designed to easily integrate with any type of merchant, merchants can initiate, authorize and capture and process customer data and credit requests. They may invoke additional services for customer identification and retrieval of customer data. The same interface is used for both macro-payment and micro-payment transactions, for digital and tangible goods alike.

Trivnet’s best in class payment technology supports a real-life purchase experience including payment, dispute, cancellation and refund. Complex payment flows and schemes are supported as well including immediate payments, deferred payments, split payments, background transactions, incremental payments and recurring payments.

NFC Technology and Mobile Payments

The industry is anticipating the wide-spread availability of NFC (Near Field Communication) technology in mobile phones and the emergence of mobile contactless proximity payments. NFC has myriad uses – transportation, ticketing, identification, in-store shopping and payment.

The TRIV Platform™ is NFC-ready and provides the perfect back-end for NFC payments with customizable business logic that governs the payment flow according to the nature of the transaction. With Trivnet, NFC payments are treated using the same business logic as all other payments, providing a unified framework for all payment services, present and future. The TRIV Platform™ allows operators to seize a piece of the payment space today while being equipped with future-proof technology that can also support tomorrow’s NFC market and any yet unforeseen technologies still to come.