There will be over 5 billion mobile phone subscriptions worldwide in 2010. By the end of 2009, that number had already reached 4.6 billion subscriptions, or a 67 percent global penetration rate
Source: International Telecommunications Union,
February 23, 2010
Mobile Payments market to quadruple by 2014, reaching $630bn in value
Source: Juniper Research,
May 4, 2010
Nearly half of mobile phone users worldwide to make Mobile Payments by 2014
Source: Juniper Research,
April 21, 2010
The worldwide number of users of mobile banking and related services is forecasted to grow from 55 million users in 2009 at a compound annual growth rate (CAGR) of 59.2 percent to reach 894 million users in 2015
Source: Berg Insight,
April 23, 2010
The latest annual, quarterly and monthly data reported by central banks show that officially recorded remittance flows to developing countries reached $316 billion in 2009
Source: World Bank,
April 23, 2010

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.