Source: Juniper Research,
October, 2009
Source: Informa Telecoms & Media,
February, 2009
Source: Informa Telecoms & Media,
February, 2009
Source: Juniper Research,
October, 2009
Source: Research and Markets,
September, 2009
The PAT platform presents Financial Institutions with new ways to generate revenue while leveraging their existing processes and settlement network. Consumers do not need to create and manage additional accounts and bank information remains under bank control.
Service Solutions
The PAT platform includes the following innovative solutions:
Bank competitors are not only taking revenue away from financial institutions, but they are also building a trusted brand for payments. CPNI is committed to helping banks defend and grow their payments franchise by allowing payments, money transfers and access to banking services to occur with convenience, speed, security and low cost using a mobile phone. All services are delivered with a single downloadable mobile application.
Global mobile phone ownership has risen to 4.6 billion in 2009, equivalent to more than 68% of the world’s population (International Telecommunication Union, October 6, 2009). The widespread use of mobile phones provides the opportunity to identify both senders and recipients by phone number. The phone number is the best method of uniquely identifying both banked and unbanked individuals.











