Gemalto’s SIM Security Solution selected to launch mobile financial Services in five Countries

The MTN MobileMoney service will enable MTN MENA to offer their subscribers a wide variety of financial services including money transfer, mobile payment and balance checking, mobile purchases, as well as the ability to buy airtime in real-time. MTN MobileMoney’s user friendly interface makes it simple and convenient for subscribers to enjoy financial services featuring simple menus and multiple language options, including English and a number of local languages. “Our cooperation with Gemalto and Fundamo has been an incredibly positive experience in terms of product quality, project management, and support in general,” commented Jamal Ramadan, Vice President of MTN MENA. “We look forward to our continued work with Gemalto and Fundamo. Collaboratively, we will bring new levels of innovation, security and convenience to both mature and emerging markets.” “Gemalto is proud to work with MTN MENA for the first SIM-based mobile banking solution in the Middle-East and North Africa,” added Philippe Vallée, Executive Vice President of the Telecommunications Business Unit at Gemalto. “Since our solution is compatible will all handsets, MTN MENA subscribers can immediately enjoy the convenience of transferring money when and where they want, with the security provided by the SIM card.” www.gemalto.com 

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