Ztar Mobile Selects Amdocs to Launch International Prepaid Top-Up Service
May 04 2016 - 4:02PM
Amdocs (NASDAQ:DOX), the leading provider of customer experience
solutions, today announced that Ztar Mobile, a leader in private
branded wireless services and solutions, will deploy Amdocs’
cloud-based, connected money solution for international
mobile-to-mobile airtime recharging, or top-ups, in the US and
Canada. This will allow customers to top up airtime of family and
friends’ phones in home countries, providing an easier way for
communities to stay in touch.
The Amdocs Mobile Financial Services Connected Money solution,
deployed as a cloud service, will be integrated with Ztar’s payment
systems and channels and is pre-integrated with TransferTo’s global
mobile airtime transfer solution. This will enable Ztar to quickly
integrate the top-up platform directly with the prepaid recharge
solutions of various mobile network operators in targeted
countries. The service will be delivered under a managed services
contract, including service set-up and ongoing monitoring and
operations. Amdocs will also assist Ztar to design and launch the
service in the US and Canada.
“The international top-up service provides our retail clients
with another convenient offer for their guests to instantly top up
airtime of family and friends’ phones in their home countries,”
said Kevin Haddad, CEO of Ztar Mobile. “Amdocs connected money
solution, offered as a cloud-based service, will allow us to launch
a valued service in no time while Amdocs’ expertise in
international mobile financial services and customer knowledge will
help us deliver an unmatched customer experience.”
“The US and Canada have more than 54
million1 first-generation immigrants, which offers immense
opportunities to mobile service providers looking to enter the
international top-up, bill-payments and remittances market,” said
Patrick McGrory, division president for Amdocs emerging offerings.
“The Amdocs solution, pre-integrated with TransferTo solution,
enables Ztar to diversify their business and quickly tap into the
new revenue streams of international top-up markets, delivering the
immediate experience that customers demand in today’s digital
age.”
1 Migration Policy Institute: Top 25 Destination Countries
for Global Migrants over Time (2015)
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About Ztar Mobile
Ztar Mobile is a leader in private branded wireless services and
software solutions to enable our clients to seamlessly deliver a
wide range of innovative mobile experiences and services to their
customers regardless of device or network. For more than 12 years,
we have enabled private label wireless mobile programs, mobile
engagement and IoT so our clients can serve their customers.
There’s no infrastructure to buy, set up, or manage -- giving
our retail clients the fastest way to drive foot traffic, increase
basket spend, improve share of wallet, and generate recurring
revenue streams for their business. Our clients and their customers
at the center of everything we do.
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
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