Over half a Billion people to use mobile money transfer services by 2014
Source: Juniper Research,
October, 2009
In 2013 almost 300 Billion transactions, worth more than $860 Billion, will be conducted using a mobile phone – a twelve-fold increase in gross global transaction values in just five years
Source: Informa Telecoms & Media,
February, 2009
424 Million consumers will be sending over $157 Billion of personal funds via mobile domestically, whilst a further 73 Million will be sending $48 Billion of funds via mobile internationally
Source: Informa Telecoms & Media,
February, 2009
International mobile money transfer services to exceed $65 Billion by 2014
Source: Juniper Research,
October, 2009
Gross transaction value of mobile payments in the US will reach $25.2 Billion in 2013
Source: Research and Markets,
September, 2009

Trusted Service Providers host the PAT component responsible for orchestrating the execution of mobile person to person and person to merchant transactions. All communication between the PAT system components, including financial institutions, merchants and CPNI, are routed through Trusted Service Providers. This approach provides a single point of contact for each financial institution, ensuring the use of effective security, while providing the benefits of an open network.

Trusted Service Providers can also contribute by:
  • Leveraging their existing relationships with financial institutions for recruitment to the PAT network.
  • Providing integration services to attach the PAT network to the bank’s core banking systems.
  • Providing bank user support as needed.
Benefits include:
  • Significant new incremental revenue opportunity. Trusted Service Providers receive a fee for providing the transaction message routing and other services.
  • Puts the Trusted Service Provider at the “center of the mobile universe” in its relationships with financial institutions.
  • Further establishes the Trusted Service Provider as a leading provider of innovative new services to financial institutions.