Strategy 14

Loyalty ProgrammeBranded CardsXMS - Mobile Banking

How does it work?
To fully understand how this technology works you need to read the sections on Risks of SMS and Practise Safe Text, which will give you an understanding as to how the system is made secure.

Once you have understood that how the basic technology works, we have taken the application a stage further to automate the text message.

Basically, the software that is installed on your handset will contain drop down menus that you simply populate (see movie above).

Once populated, you send the message as a text message – which will remain encrypted and, therefore, secure from prying eyes.

Instead of being received by another mobile phone, this text message will be received by a special server which can de-crypt the message and communicate directly with the back-end system to complete the transaction automatically.

Just like you would do if you were using internet banking facilities.

Simple as that!


Other applications

The flexibility of the system that has been developed lends itself wonderfully to Mobile Banking, but it can have applications in many other areas.

The drop down menus could, for example, be adapted to carry messages for the gaming industry to, say, bet on the outcome of horse races.

The server involved can communicate with just about any system and can input automated commands to effect almost any transaction.

This could open new opportunities for:-
.
 
Gaming/gambling over the mobile phone.
One significant advantage with this system is that it is irrefutable as to the source of the text!
 
  Adult Industries
 
Retail – especially catalogue purchases.
 
Voting at election time
 
Payment of government benefits
 
The transmission of any sensitive information.
 
Police and armed forces
 

Etc……….
 


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