Accenture Helps Launch Belgium’s First Mobile Wallet

Belgium’s first mobile wallet is set to launch in Spring 2014, available for customers of any bank using any mobile network.

The countrys largest telco Belgacom and BNP Paribas Fortis bank have worked with Accenture to design and build a wallet that can be integrated into existing merchant apps or used to create new mCommerce opportunities.

Consumers will benefit from a unified and secure ecosystem for services like in-app payments, ticketing, coupons and loyalty programmes. Accenture will also provide app maintenance services and create a developer community for retail app developers.

Chinese mPOS

The company is also working with Chinese company YSPay to roll out an mPOS solution that is compatible with any handset. The merchant uses the customers mobile number to initiate the payment, the customer then receives a text to confirm the transaction. Smartphone users will be able to download an app which offers additional services.

Accentures mobility platform connects Chinese banks via China Union Pay, exisiting terminals owned by YSPay and additional merchants. The Chinese company already has existing relationships with China’s major mobile phone operators and says its therefore covers a large number of mobile subscribers.

Accenture does mobile?

Accenture took a giant leap into mobile when it acquired around 4,000 Symbian developers from Nokia. The company recently bought Fjord and is clearly committed to using its size and strength to fulfil large mobile projects.