Global leader in providing mobile services to enterprises and mobile operators, Infobip has announced today it has built the technical platform for enterprise USSD in the Republic of South Africa.
Comprising push USSD as well as mobile initiated options, enterprise USSD allows banks and financial institutions to increase security of internet banking transactions via USSD (Unstructured Supplementary Service Data), a telecoms protocol which can also be used for a number of different purposes.
In the words of Infobip CEO Silvio Kutic: "The viability of USSD in the financial industry has been proven time and again, due to its unique features that allow for the creation of security solutions, particularly in the authentication of financial transactions, where delivery of one time pins (OTP) to the end-user is one of the pillars of security. Such a convenient, reliable and affordable technology will always appeal to both enterprises and consumers."
USSD is a communications channel that offers interactive capabilities supported by all kinds of mobile phones, from the basic handsets, to flagship smartphones, and requires no mobile data connection. Thanks to its menu-driven features easy on resources, USSD is predominantly used for m-banking and m-payments, as well as customer care, polling and info services.
Infobip's enterprise solution rests on USSD coverage towards mobile network operators in the country and opens new business and communication opportunities in South Africa.
Tony Doubell, MD Infobip South Africa adds: "USSD is very popular in South Africa and is seeing a sort of a renaissance as the preferred tool in m-banking. Our solution is a one-stop-shop for any company requiring mobile interaction via USSD."
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