SuperCom has announced that it will showcase its mPayment solutions suite at this year’s Mobile World Congress. Called SuperPay, the platform aims to offer end-to-end solutions for the retailers, banks, governments, and MNOs.
That last group is perhaps the company’s key market, as SuperCom says it has signed a memorandum of understanding with MNOs in Latin America and in Africa, with the partners’ plan based on revenue sharing. Still, the SuperPay suite may have something for everyone, consisting of: SuperWallet, a mobile wallet; SafeMoney and PayGuard, a pair of digital security systems; SuperGateWay, payment processing platform; and SuperPOS, a solution that SuperCom says can turn any smartphone or tablet into a point of sale.
It’s a refined version of the solutions suite that SuperCom showcased at last year’s MWC. It also comes at perhaps a more opportune time, with multiple major mPayment platforms now competing against each other around the world and consumer awareness and interest on the rise. Moreover, SuperCom says its solutions incorporate biometric authentication, which is seen as an increasingly important feature for mPayments as digital security threats intensify.
While Apple Pay and Samsung Pay have stronger brand recognition, SuperPay may be able to get a foothold in markets by appealing not so much to consumers as to those providing the networks and services used.
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