EastNets, a global provider of compliance and payments solutions and services, has signed an agreement with the Qtel Group to provide the technology platform and expertise to support the regional and global rollout of the Qtel Group’s mobile money services across key markets, enabling international remittance globally.
EastNets will provide the full infrastructure needed to host Qtel’s ‘mobile wallet’ service, running the entire operation of the hosted services through a primary site in Dubai and a disaster recovery (DR) site in Bahrain. Mobile network operators (MNOs) will connect to the primary and DR sites through a secure VPN connection. Qtel’s service allows customers to use their mobile phone accounts to send money, top up their credit, make payments and transfer airtime to friends and relatives. Mobile wallet will be hosted through EastNets’ Service Bureau, an outsourcing and managed services platform that is used to access the SWIFT Network.
“Building on EastNets’ robust technology platform, Qtel will be able to create exciting possibilities for their customers, while making it a lot easier to conduct secure and reliable financial transactions through the mobile wallet service. The launch of this ground-breaking financial solution reaffirms EastNets’ commitment to service excellence and complements our ongoing efforts to strengthen our strategic partnerships worldwide,” said Hazem Mulhim, chief executive officer (CEO) of EastNets.
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