What is MFS Platform
Mobile wallet is a breakthrough technology in the concept of money. By adopting mobile wallet technologies, banks and telco businesses ensure sustainable and consistent user experiences while delivering services such as daily transactions, digital purchasing, utility payments, storing credit cards & memberships, SIM & HCE based contactless payments and more.
Benefits of MFS Platform
Benefits for GSM Companies
E-money is also able to gain more offline partners as it’s mainly focused on online transactions.
Improves customer satisfaction by facilitating online transactions for GSM companies.
Drive financial inclusion for the unbanked and underbanked around the globe.
Benefits for Electronic-Money Companies
E-money is also able to gain more offline partners as e-money is mainly focused on online transactions.
MFS Platform provides easy integration for your E-money company.
MFS Platform offers modular infrastructure solutions to suit your Electronic-Money Company needs.
Prepaid Mobile Top-Up
MFS Platform is able to top-up prepaid balance with all eligible payment instruments in the wallet which are legally accepted as sources of funds for mobile top-up transactions.
P2P Money Transfer
A P2P Money Transfer transaction consists of a wallet customer utilizing his/her wallet to send money to another wallet user’s e-money account in the wallet.
P2P Pre-Paid Top-Up
Our platform enables P2P top-up to utilize customers wallet to top-up another person’s prepaid account.
MFS Platform is able to support bill payment and bill presentment to the MFS platform users for bills issued by a variety of providers in the ecosystem marketplace.
MFS platform makes it possible for a wallet user to use their mobile account as a payment instrument.
MFS platform users are enabled to use the e-money stored in the wallet (SVA) in order to perform wallet transactions.
Digital Payments online e-commerce refers to purchase transactions performed by tmob MFS platform users at e-commerce sites.
Physical Store Payment
Tmob MFS platform supports merchant payments in closed Loop and Open Loop physically registered wallets on physical POS devices of merchants.
Debit and Credit Cards
Our platform is capable to support the collection, authentication, registration and secure storage of credit, debit and virtual cards.
It is a standard and likely way to sign up for the service via the mobile App or web.
Merchants are able to integrate the new SDK to their applications, mobile web and websites and receive the payments of their customers.
The platform is capable to assign a unique customer identifier for wallet accounts.
KYC (Know Your Customer)
MFS platform provides a full and flexible support for multiple KYC levels.
Fees and Charges
The platform supports fee sets that represent configurable and parameterized rate cards that can be associated with individual customers.
MFS Platform’s cloud-based contactless function consolidates all bank cards in a centralized platform, enabling customers to pay via mobile devices.
How it Works
New Generation Payment
Turkcell wanted to create a new mobile financial service in order to be one step ahead of its competitors. They wanted us to create a new system that include all the innovative functionalities exist in other mobile payment solutions but also to add new features which simplify its partners’ daily life and business integrating our mobile wallet platform.
New Generation Wallet
Vodafone Turkey wanted to create a new mobile wallet payment solution for its Turkish customers. They planned to build a new wallet system helping their customers to carry out all the financial operations without any extra charge. In other words, they wanted to create all in one wallet which can change the traditional wallet usage of the Turkish customers.