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Trivnet Joins GSMA and CTIA to Help Set Standards for Mobile Payments.


Business Editors/High-Tech Writers

TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel--(BUSINESS WIRE)--April 14, 2003

Trivnet, a leading provider of payment platforms for e-commerce and m-commerce, today announced that it has joined two leading mobile industry associations.

Trivnet intends to use its membership of the GSM Association (GSMA GSMA GSM (Groupe Spéciale Mobile) Association
GSMA Great Smoky Mountains Association
GSMA Global Scheduling Multiple Access
GSMA Greater Seoul Metropolitan Area (South Korea)
GSMA Gsm Association
) and the Cellular Telecommunications & Internet Association (CTIA (1) See CompTIA.

(2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry.
) to contribute to the development of an industry standard for mobile payments, and help further drive the market for reliable, carrier-grade payment solutions.

"We are pleased that Trivnet will participate in CTIA's Wireless Internet Caucus (WIC WIC - WAN Interface Card ), where we are working to help drive and support the growth of the mobile payments market," said Mark Desautels, Vice President for Wireless Internet Development at CTIA . "As a significant player in the fast-developing m-payments and e-payments field, Trivnet's contribution to industry discussions within the WIC about meeting the needs of both operators and end-users will be highly valuable."

"We are delighted that Trivnet has joined GSMA and pleased that Trivnet will participate in the important work on micro-payments within the GSMA M-Commerce Interest Group (MCIG)," said Ray Haughey, MCIG Director at the GSMA.

Edo Ganot, Executive Vice President of Trivnet, said: "Together, CTIA and GSMA represent the voice of the mobile industry. As a leading provider of payment platforms for m-commerce and e-commerce, Trivnet is committed to help build cooperation in the payment space, as a key step towards driving the market. We plan to be an active participant in both organizations, and look forward to cooperating with other mobile industry innovators."

About Trivnet

Trivnet's e/m-Payment platform enables operators to create an environment trusted by all parties, for both digital and physical content, goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . It supports both micro and macro-payments over mobile and fixed technologies. Trivnet provides a core payment platform that interacts with three key modules: Stored Value Account, Billing on Behalf of Others, and e-Wallet.

Trivnet was founded in 1997, and is headquartered in Israel. Its customers and partners include leading mobile and fixed-line operators, and system integrators such as Accenture, Atos Origin, BEA BEA - Basic programming Environment for interactive-graphical Applications, from Siemens-Nixdorf. , Cellcom, Comverse, ONE (Connect Austria), Deutsche Telekom, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , First Hop, HP, LocatioNet, Oracle, Portal Software, PwC Consulting, Tata Consultancy Services Tata Consultancy Services Limited (TCS Limited company) is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing which commenced operations in 1968. As of 2007, it is Asia's largest And India's No. , T-Systems and Sun.
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Publication:Business Wire
Date:Apr 14, 2003
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