Amdocs and Globe Telecom Win Best Payment Solution Deployment in Asia Award at Mobile Money & Digital Payments Global 2015
March 09 2016 - 7:46PM
Amdocs (NASDAQ:DOX), the leading provider of customer experience
solutions, today announced that the company, together with Globe
Telecom, has been awarded joint winner of the Best Payment Solution
Deployments in Asia for 2015 at the Mobile Money & Digital
Payments Global in Istanbul. The award recognizes Globe Telecom’s
innovative GCash service, powered by Amdocs Mobile Financial
Services solution, which breaks many financial services barriers
and enables GCash customers to access services that were previously
unavailable with the use of a mobile wallet.
The GCash MasterCard service enables customers to use a locally
issued prepaid card linked to a mobile wallet to make online
payments, withdraw cash from any ATM and transact at any MasterCard
merchant worldwide. Customers can also receive remittances directly
to their mobile wallet. GCash MasterCard also features the beep
functionality that enables payments for Light Rail Transit (LRT)
and Metro Rail Transit (MRT) tickets. GCash MasterCard is a
pioneering service which is being viewed as a case study around the
world.
“Seventy-five percent of Filipinos today are unbanked, and given
that only three percent of the population has credit cards, a lot
of people still don’t have access to online payments nor can they
perform transactions in the digital space,” said Albert Tinio,
chief executive officer of G-Xchange, Inc., a mobile payments
subsidiary of Globe Telecom which operates GCash. “With Amdocs’
technology, our innovative GCash and GCash beep services have
helped us overcome a lot of these market challenges without the
need for a traditional bank account.”
“This award recognizes Amdocs’ and Globe Telecom’s ability to
continually innovate and deliver the most comprehensive mobile
financial services solutions that drive financial inclusion and
adoption of mobile wallet services,” said Patrick McGrory, division
president for Amdocs emerging offerings. “Amdocs Mobile Financial
Services solution, which is powering GCash services for the last 12
years, enables service providers across the globe to seize the
opportunities that come with today’s digital disruption by
diversifying their businesses and quickly rolling out the new types
of services to tap into new revenue streams and win customer
loyalty.”
Supporting Resources
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About Globe Telecom
Globe Telecom is a leading full service telecommunications
company in the Philippines, serving the needs of consumers and
businesses across an entire suite of products and services
including mobile, fixed, broadband, data connections, internet and
managed services. Its principals are Ayala Corporation and
Singtel who are acknowledged industry leaders in the country and in
the region. For more information, visit www.globe.com.ph.
Follow us on Twitter: http://twitter.com/talk2Globe and
Facebook: http://facebook.com/GlobePH
About GXI
G-Xchange Inc. is a wholly-owned subsidiary of Globe
Telecom. It offers GCash, an internationally acclaimed
micropayment service that transforms the mobile phone into a
virtual wallet for secure, fast, and convenient money transfer.
GCash can be used to buy prepaid load, pay bills, send money, make
donations, shop online, and even purchase goods without the need to
bring any cash. For more information, please visit
https://www.globe.com.ph/gcash
About Amdocs
Amdocs is the market leader in customer experience software
solutions and services for the world’s largest communications,
entertainment and media service providers. For more than 30
years, Amdocs solutions, which include BSS, OSS, network control,
optimization and network functions virtualization, coupled with
professional and managed services, have accelerated business value
for its customers by simplifying business complexity, reducing
costs and delivering a world-class customer experience.
The Amdocs portfolio enables service providers to capture the
world of digital immediacy by operating across digital dimensions
to engage customers with personalized, omni-channel experiences;
creating a diversified business to capture new revenue streams;
becoming data empowered to make business and operational decisions
based on insight-based and predictive analytics; and achieving
service agility to accelerate the fast rollout of new technologies
and hybrid network services.
Amdocs and its 24,000 employees serve customers in over 90
countries. Listed on the NASDAQ Global Select Market, Amdocs had
revenue of $3.6 billion in fiscal 2015.
Amdocs: Embrace Challenge, Experience Success.
For more information, visit Amdocs at www.amdocs.com
Amdocs’ Forward-Looking Statement
This press release includes information that constitutes
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995,
including statements about Amdocs’ growth and business results in
future quarters. Although we believe the expectations reflected in
such forward-looking statements are based upon reasonable
assumptions, we can give no assurance that our expectations will be
obtained or that any deviations will not be material. Such
statements involve risks and uncertainties that may cause future
results to differ from those anticipated. These risks include, but
are not limited to, the effects of general economic conditions,
Amdocs’ ability to grow in the business markets that it serves,
Amdocs’ ability to successfully integrate acquired businesses,
adverse effects of market competition, rapid technological shifts
that may render the Company's products and services obsolete,
potential loss of a major customer, our ability to develop
long-term relationships with our customers, and risks associated
with operating businesses in the international market. Amdocs may
elect to update these forward-looking statements at some point in
the future; however, the Company specifically disclaims any
obligation to do so. These and other risks are discussed at greater
length in the Company's filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2015 filed on December 10, 2015 and
our quarterly 6-K form furnished on February 16, 2016.
Media Contact:
Sara Preto
Fusion PR for Amdocs
Tel: +1-212-651-4214
E-Mail: sara.preto@fusionpr.com
Amdocs
1390 Timberlake Manor Parkway
Chesterfield, MO 63017
USA
www.amdocs.com
+1-314-212-7000 tel
+1-314-212-7500 fax
Globe Telecom
Yoly C. Crisanto
Head, Corporate Communications
Globe Telecom, Inc.
Email Address: gtcorpcomm@globe.com.ph
Globe Press Room: www.globe.com.ph/press-room
Twitter: @talk2GLOBE │ Facebook: www.facebook.com/globeph
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