MOBILE
PAYMENT SOLUTIONS TO GO ON TRIAL IN SINGAPORE
Four consortia named to trial solutions with
investment worth S$20 million, further calls made for collaboration
on Mobile Workforce Solutions and Wireless Java Solutions
- SINGAPORE, 15 OCTOBER 2001
Call in your coffee order or make tour reservations on your mobile
phone and instead of fumbling with your wallet to pay, use your
mobile phone to do it. In the not too distant future, this will
be the scenario as Singapore today announced the start of rollout
for true end-to-end mobile payment solutions implemented through
collaborative efforts among consortia formed among industry players.
Speaking
at a media conference, Infocomm Development Authority's Chief Executive
Officer, Ms Yong Ying-I announced that four consortia have been
selected to trial mobile payment solutions following a Call for
Collaboration (CFC) in May. An investment totalling S$20 million,
will be committed to funding these trials with between S$7million
to S$12million contributed by IDA and the remainder, coming from
the industry.
Following
the award of the first CFC, Ms Yong also announced two new CFCs.
The Mobile Workforce Solutions CFC, will focus on pilot projects
for wireless technologies that enable a mobile workforce for enterprises,
while the Wireless Java Solutions CFC will be for projects developing
interactive, multimedia and connected applications over a variety
of mobile devices based on the J2ME platform.
Said
Ms Yong, "We would like to accelerate the Call for Collaboration
process as a platform to bring together wireless technology players
worldwide, as well as solicit solutions that can adequately address
the demand and supply side of the business model."
The
four selected consortia for the Mobile Payment CFC are:
(a) Consortium comprising NCS, NETS, SingTel Mobile, Starhub Mobile,
MobileOne, VISA, Eng Wah, Diethelm, National Library Board, NUS
and DBS;
(b) Secondly, consortium comprising Nokia, NETS and DBS;
(c) Thirdly, consortium comprising ST Electronics, Citibank, BCS
Information Systems, WizVision, mVent, Green Dot Capital, Starhub
Mobile, CET Technologies, mPayment, MasterCard International, Cathay,
Premas International, CalendarOne, National Service Resort &
Country Club and
(d) Finally, consortium comprising Systems@Work, HP MEB, Gemplus,
Suntec City and VISA.
The
four were selected from 12 consortia short-listed by an evaluation
committee comprising members from IDA, EDB, MAS, selected venture
capitalists and research institutes.
"The selection process was based on a few broad criteria with
an emphasis on end-to-end solution, a valid proposition for the
consumer and the export potential of the proposed solution,"
said one of the evaluation committee members, Professor Lye Kin
Mun for Centre for Wireless Communication, "We were impressed
with the high quality of some of the submitted proposals and it
was a very difficult decision to arrive at the final award."
The mobile payment solutions to be trialed further strengthen Singapore's
position as an ideal test bed and launch pad for wireless applications,
products and services. The solutions will come in three basic forms:
direct debit payment solutions, stored value solutions and credit
card solutions. Consortia members will be running the trials with
various retail vendors including well-known brands such as Tricon,
Cathay Cinema and Eng Wah Cinemas as well as merchants at Suntec
City.
The mobile payment solutions are made possible through the collaboration
of the island's three key mobile telecoms operators, SingTel Mobile,
MobileOne and StarHub Mobile. It is anticipated that the trials,
which are set to run from Q1 till the end of August 2002, will involve
at least 10,000 pilot mobile users.
Note to the Editor:
About
the Wired with Wireless Programme (IDA)
Initiated by the IDA with the aim to jumpstart the development of
wireless industry in Singapore and position Singapore as a living
lab and business catalyst for wireless developments in Asia. The
'Wired With Wireless' programme is aimed at developing the entire
wireless value chain - from infrastructure developers to access
service providers, content creators and aggregators. It is a multi-pronged
programme that will enable Singapore to have the best integrated
wireline and wireless infrastructure for the seamless delivery of
rich multimedia content, with focus on areas such as wireless multimedia,
mobile commerce and location-based services.
About
Calls for Collaboration
IDA recognises that the implementation of open, innovative, scalable
wireless projects requires the concerted effort of several parties,
which can include multiple mobile operators, multiple banks, hardware
and software vendors. IDA intends to promote more of such collaboration
efforts across the industry with a series of Call For Collaboration
(CFCs). Each CFC will focus on specific areas of wireless projects
including mobile-commerce, location-based services and wireless-multimedia.
For
each CFC, proposals will be evaluated by a Committee nominated by
the IDA. Selected projects will qualify for co-funding by IDA. The
amount of initial aid and project funding will be determined upon
assessment of the impact and scope of the project. Co-Branding opportunities
with the Wired With Wireless Programme will also be considered where
appropriate.
Details
for the CFCs on Mobile Workforce Solutions and Wireless Java Solutions
are available from today at the IDA website www.ida.gov.sg.
FOR FURTHER INFORMATION, PLEASE CONTACT: Kelvin
Lee
IDA Singapore
Phone: (65) 211-1726
Elliza Rahim / Yang
Sook Chin
Edelman Public Relations
Tel: (65) 733-1110 ext. 223/ 235
Fax: (65) 733-5550
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