MBSP, (Mobile Bankings Service Provider) is the only Core Banking System built with Cloud Technology.
Global mobile phone use is expected to exceed the Global Population with over SEVEN BILLION users in 2014, with China and India representing close to TWO BILLION. Within many emerging markets, mobile phones are now used for "online / mobile banking" than traditional personal banking services. As such, emerging cloud banking-based banking services stand a predominant opportunity to get stronger with the next generation of cash and card free banking solutions.
Retail banks who fail to recognize the growth in mobile-based cloud transfer and payment services run the risk of missing out on some of the highest global markets. Many banks are also beginning to recognize that cloud money services provide an increasingly convenient, additional transaction channel for existing customers in more established markets. In particular, mobile P2P payments and transfers can provide both a new value added service for customers and a first income-generating step for banks on their way to full cloud banking and payment services.
MBSP offers new and existing banks a Turnkey Core Banking Solution, built on the next generation technology "Cloud Banking" to provide their own branded banking system with a variety of Mobile Device Applications.
The cloud banking services from MBSP contains 6 different services:
Desktop internet banking
Mobile Phone internet banking
Mobile Phone App (application)
Login and Transfer Authentication
Mobile phone SMS / USSD service
Mobile phone Merchant Point of Sales (POS)
ATM for Withdrawal and Deposit with recycle function
This is business partners we work together with on different markets around the world.