Virtual Wallet stores consumers' payment and billing information in a centralized, secure environment. It also provides a simple, consistent, and secure user experience across multiple providers.

Features

• Consumers securely store and access details about payment instruments: credit cards, debit card, bank account details, and loyalty cards.
• Consumers establish a set of rules that govern when and how to use each instrument.
• Content providers protect consumers' information from loss or theft by encrypting and storing personal information in a central, secure environment rather than on the phone.
• Content providers encrypt personal information and provide secure access.

Operator Benefits

• Offer macro payment capability to consumers and content providers.
• Increase revenue by providing a simple, consistent, and secure way for consumers to make purchases.
• Increase average revenue per user (ARPU) by offering non-telco purchases.
• Enable consumers to use mobile phones for all sorts of purchases.