Sybase 365 Announces Partnership with paybox Furthering Mobile Commerce Globally
19 November 2008 - 1:00AM
Business Wire
Sybase 365, a subsidiary of Sybase, Inc. (NYSE:SY), the global
leader in mobile messaging services, today announced a partnership
agreement with paybox, a leader in mobile payment solutions, that
will extend mobile payments and mobile money services to customers
worldwide. This agreement furthers Sybase 365�s global mCommerce
footprint that today includes remote mobile payments (via premium
SMS billed to the operators phone bill) and mobile banking
services. Now, financial institutions, mobile operators and
merchants will be able to easily offer their customers various
mobile payment services, including payments for goods and services,
money transfer and mobile airtime top-up. �paybox�s vision for
mobile commerce fits well with our business objectives,� said
Matthew Talbot, vice president, mCommerce, Sybase 365. �paybox and
Sybase 365 will offer solutions for mobile payments and
person-to-person money transfer targeted at both emerging and
developed markets.� paybox�s mobile payment software � Mobiliser
Portfolio � recognized as one of the broadest on the market � will
leverage Sybase 365�s integrated mobile messaging services and
unrivalled global reach to more than 700 mobile operators and 3
billion subscribers, offering customers an open mobile payment
infrastructure standard. �This agreement is a natural progression
of where the market is headed and what customers are demanding from
their mobile phones,� said Eckhard Ortwein, CEO paybox. �By
combining mobile messaging and mobile payments offerings, Sybase
365 and paybox are establishing a global standard for mobile
commerce services.� paybox has also been selected as a finalist for
the �CHANGING LIVES AWARD� at AfricaCom. � For more information,
visit Sybase 365 during: � AfricaCom, Cape Town � Mobile Asia
Congress, Macau International Convention Centre Venetian Hotel
November 18-19 November 18-20 Stand # B28 Stand # F55 Paybox Booth:
Mobile Money Pavilion Stand F#60 � About paybox paybox solutions AG
is the global market leader in mobile payment enterprise solutions.
Founded in 1999, paybox was the first to launch mass-marketable
mobile payment solutions in five European markets. paybox set up
operator-led, national mobile Payment standards in Germany and
Austria proving a blueprint for highly developed markets where an
open mobile payment infrastructure drives the expansion of the
mobile services ecosystem. As an officially certified GSMA Mobile
Money Vendor, paybox also covers the entire value proposition for
emerging markets where mPayment, mBanking and mCommerce solutions
create low cost banking services for the unbanked. paybox received
the Int� Stevie Award 2007 for Best Product in Telecommunications
and the World BSS Award 2008 for the Best E/M-Commerce Payments
Implementation. Recognised for having the broadest mobile Commerce
offering worldwide, paybox mobile payment enterprise solutions are
deployed by leading companies across Europe, North and South
America, North Africa, the Middle East and Asia. For more
information, visit www.paybox.net. About Sybase 365 Sybase 365, a
subsidiary of Sybase, Inc. (NYSE:SY), is the global leader in SMS,
MMS and�GRX mobile messaging interoperability, the delivery and
settlement of SMS and MMS content, mobile commerce and
enterprise-class messaging services. Processing more than 200
billion�messages per year, Sybase 365 reaches more than 700 mobile
operators and�3 billion subscribers around the world. For more
information, visit: www.sybase.com/365 Sybase and Sybase 365 are
trademarks or registered trademarks of Sybase, Inc. All other
company and product names mentioned may be trademarks of the
respective companies with which they are associated. Special Note:
Statements concerning Sybase 365�s future prospects, new products
and services, and business relationships are forward-looking
statements that involve a number of uncertainties and risks and
cannot be guaranteed. Factors that could ultimately affect such
statements are detailed from time to time in the Sybase, Inc.
consolidated Securities and Exchange Commission filings, including
but not limited to its annual report on Form 10-K and its quarterly
reports on Form 10-Q (copies of which can be viewed on the
Company's web site).
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