ISTS Worldwide Develops Mobile Payments Platform

FREMONT, Calif., Sept. 24 /PRNewswire/ -- ISTS Worldwide has developed a comprehensive platform for mobile payment application development. The platform is capable of supporting virtually any kind of Mobile payments application, practically independent of mobile service provider and supporting most of the mobile devices in the market. It puts together the infrastructure needed to rapidly develop mobile payment applications. Mobile payment service providers can derive significant reduction in development costs, time to market and an optimum cost of ownership.

The platform comes with both flavors; Linux/Java and Microsoft .Net and supports sending and receiving payment through SMS, client side applications and WAP based system.

    Key features:

    -- Supports person to person payment using centralized money repository
        system.

    -- Supports closed loop mobile payment involving traditional payment
       system providers like banks and financial institutes.

    -- In built infrastructure for rapid mobile application development, WAP
       site development and transport layer security.

    -- Provides default, customizable, template based mobile applications;
       tested and ported over popular mobile phones available in the market.
       Templates are available in vanilla as well as in rich formats to
       support various mobile phones from lower memory footprint range to
       high-end phones.

    -- Apart from popular J2ME based applications, templates are also
       available for Windows based smart phones (.Net compact framework) and
       Brew 3.0 devices, enhancing the acceptance.

    -- Highly configurable, modularized system.  Fully XML based
       configuration.

    -- Inbuilt health checking and monitoring services.

On this occasion, Vivek Awasthi, CTO of ISTS Worldwide commented:

"Mobile phones are poised to be the next generation payment devices, owing to their dense penetration. ISTS' Mobile Payments platform is a reflection of our constant endeavor to provide futuristic technologies and solutions in payments and retailing market space. Being focused on these two market segments, we provide a unique blend of technology skills and domain expertise and that clearly reflects in our mobile payments platform."

ISTS Worldwide, Inc.: Optimizing Retail & Payment Technology

ISTS Worldwide (http://www.istsinc.com) is a leading software development, consulting and systems integration services firm leveraging complementary enablers of People, Process, Technology, Global Delivery capabilities and domain expertise in the Retail & Payment technology verticals. ISTS enables organizations to maximize performance and reduce operating costs through its best of breed technology services stack delivered through a proven hybrid (onsite -- offshore) global delivery model.