Tereon® on Android
18 March 2011
Tereon® has now been implemented on the Android operating system to offer a full mobile payments solution on the open source mobile platform.
In conjunction with one our clients, who has asked us to build a pilot to bring full mobile payments to the unbanked we have now implemented Tereon® on Android. Unlike most other solutions, our client wanted a payments system that would operate within existing payments and banking regulations, and so avoid the pitfalls of traditional mobile money solutions. Affordability was a key requirement. So too was the ability to grow the users into other financial services such as loans and savings, something that our client could not do if they implemented a standard mobile payments solution.
By implementing Tereon® on Android, we can now bring a fully functional payments solution to the unbanked, and use the same system to deliver additional financial services as they grow to need them. Tereon® on Android will finally deliver ubiquitous banking.