offers electronic transaction platforms and services for a
wide variety of industries. Alternet provides electronic payment
systems which use cashless transaction devices such as “smart”
cards for utilities and transportation payment systems. Mobile
phones can also be used as a cashless transaction device for
mobile-phone account top-up and monetary remitances. Alternet’s
Electronic Transaction Products include:
Public Utilities Prepayment - including
water, power and gas
Mobile point-of-sale System - the network
solution that supports Alternet’s transaction services
Mobile Transactions - domestic and international
money remittance, prepaid mobile phone airtime payment
Fare Collection Systems - management and collection of urban
mass transportation networks, both city and nationwide
Alternet enables payments and mobile transactions
to be executed, anytime, anywhere and for any amount, with
simple and intuitive user experiences, using mobile phones.
The Company offers innovative software
solutions for Mobile Operators and Financial Institutions.
Sitting at the cross road between the Subscriber, Merchants
and Banks, Alternet facilitates low value transactions across
Alternet focuses on economies with lower
GDP and high penetration of pre-paid subscribers. These economies
are leading the charge in Mobile Commerce, which are often
more progressive than the financially developed western countries.
Alternet is helping to drive the new payments revolution.
Alternet can process millions of transaction
per day, providing cost savings and new revenue streams for
Mobile Operators around the world. We have a deep understanding
of the micro payments market and business requirements and
our product portfolio is mature, flexible and scalable.
Alternet has established key partnerships with different technology
vendors to execute its business plan.