C-SAM's branded and secure Mobile Transaction Platform brings together a variety of financial and non-financial transaction solutions on a single platform. Our patented technologies create a suite of secure web-based services that enables users to execute transactions in the real as well virtual worlds using mobile phones and PCs.
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A patent-protected set of products and services for consumers and merchants with mobile phones, PCs and mobile point of sale terminals, for real and virtual world transactions |
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Server-side as well as client-side solutions with a simple and user friendly interface |
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Turn-key financial and non-financial transaction solutions for Banks, Telcos, Merchants, Service Providers and Consumers |
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Transaction solutions that work on all networks and devices |
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Robust multi-layer -- multi-user, multi-device and multi-domain -- security architecture |
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All our products and services are market-tested and available for immediate commercial deployment |
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Hassle-free customization by a highly qualified team of technical experts |
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Leather wallet metaphor on mobile phones/PCs with the ability to store receipts and display brand images for financial transaction services which include: |
The explosive growth in e-commerce combined with the rapid rise of smart handheld devices such as cell phones and PDAs has given birth to mobile commerce. Freed from the constraints of wired line communication 2 billion existing mobile phone users are now looking for an easy way to purchase goods and services online and carry out other non-financial transactions. Add to that figure some 400 million new mobile phones every year and one gets a market growing at a fierce rate.
Estimates indicate that by the end of 2003, m-commerce accounted for 10 percent of e-commerce in the United States and up to 30-40 percent in Europe . Mobile access is particularly relevant for time critical transactions like auctions and stocks or location specific transactions such as reservations and event tickets or medical emergencies faced by doctors and hospitals.
Smart mobile phones have emerged as the new convergence platform for financial and non-financial transactions. The idea that mobile phones are primarily for mobile voice communication is not just antiquated, it is a serious waste of the transforming potential of the technology. In a growing number of countries mobile phones have become a means of running the affairs of daily life.
C-SAM was the first company to see this convergence early on. A decade ago it had the vision of the impending coming together of various media on mobile telephony. In order to translate this vision we invented and patented technologies that could fully exploit the vast potential of smart mobile telephones to execute the user's financial and non-financial transactions.
C-SAM views money transfer, bill payments, prepaid phone cards, person to person transactions and stored cash value applications as key entry points to the mobile commerce market. Prepaid phone service is one of the fastest growing segments of the mobile operator business. However, the current prepaid process is plagued by inefficiencies that are ultimately realized by the high costs that prepaid subscribers pay for their service. C-SAM solution offers consumers prepaid phone cards issued electronically directly on the air via a mobile operator or merchant wallet, creating notable cost savings.
Stored value accounts have tremendous potential for usage where traditional credit accounts have failed. They tap new markets (children, credit-challenged individuals, person-to-person payments) and generate new sources of revenue over existing payment systems.
For the user, be it an institution or an individual, C-SAM's technology works unobtrusively behind the scene once they come to our Transaction Platform. We have designed our services with a high level of user friendliness even as we have ensured the highest level of security.
A unique feature of the Transaction Platform is that it clearly recognizes the importance of strong brand loyalties coupled with maximum security that our institutional customers are concerned about. In order to protect brand loyalties of our subscribers among credit card companies, banks and Telcos, C-SAM solutions have taken special care to ensure that users can securely download an accurate replica of their actual physical cards, including all its look and feel and track data, on to their mobile phones and other handheld devices such as Personal Digital Assistants (PDAs) as well as PCs and laptops.
Once loaded OneWallet enables users to securely conducts proximity transactions in the real world precisely the way they would using a real physical cards. What differentiates OneWallet from the rest is that it stores multiple payment options such as credit cards, wire transfers, money orders or checks and lets users conduct virtual transactions through various web services.
The highly secure OneWallet is really the user's window for accessing content, sensitive personal data and personalized services both for the virtual as well as physical worlds.
C-SAM is not in the business of delivering open content but specializes in enabling secure transactions. The Transaction Platform has been structured in a way that allows for easy integration into the existing infrastructures of services providers such as Telcos, Banks and Merchants.
We are not a disruptive technology in so much as it means that we utilize the existing communication networks to deliver tangible benefits to both the end-user as well as the service provider. We do not require any extra technical alterations. C-SAM solutions can be delivered using the existing server based hardware and operating system, IP, wired and wireless networks (GSM, CDMA, TDMA, 2G, 2.5G, 3 G. etc). It is accessed through Java enabled mobile phones and smart phones.