The Orios Smart TopUp solution allows any bank customer to buy airtime directly from their savings or checking account from anywhere in the world in just one simple step by dialing a USSD short code and amount of airtime to be purchased.
Smart TopUp is another innovative solution from Qrios’ product portfolio in its continous effort to improve user experience with mobile financial services, by brigdging the gaps between a customer’s mobile and banking relationships.
Sub-Saharan Africa’s unique mobile subscriber base has grown by 18 per cent annually over the last five years, making it the fastest growing region globally.
According the GSMA by mid-2013, there were 253 million unique mobile subscribers and 502 million connections.
Though 99% of these subscribers are pre-paid connections, Smart TopUp also supports subscribers with moble phone contracts. Qrios envisions that this will be popular especially with international roaming subscribers.
Smart Top up will be launched by the top 200 banks in Africa by Q4 of 2014.
Any financial institution may use Smart TopUp to enhance their value added services offerings, regardless of their core banking platform.
The Qrios Smart Top-up solution enables banks and credit unions to provide prepaid mobile top-up of any value, anywhere and at anytime.
For data, background and forecasts on Orios: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).