Mobile Payment Services

Mobile Payments are changing the way we do business and live our lives. For customers, innovations in mobile payments are making lives easier and for some of the newer market entrants it opens up some new, big and exciting commercial opportunities. However for the established players this rapidly changing and growing market can represent a real challenge as the traditional customer relationships get broken up and taken over.

Consumer Mobile Payments: Paym
Mobile Money in the Developing World

Consumer Mobile Payments: Paym

Piran are specialists in mobile payments and, amongst other projects, our team has recently delivered one of the world’s largest mobile payments services, known as Paym. Paym is a UK retail banking service, primarily aimed at person-to-person payments, enabling payments straight into a bank account by only knowing the mobile phone number of the person that the user wishes to pay The service cost in excess of £100million to develop, involved 9 banks at launch and is available to 30 million people.

With this unique experience we can help our customers to:-

Identify if mobile payments makes sense for their businesses and if so what to do and when;
Establish how to make mobile payments work for their end customers;
Deliver mobile payments services on time, to budget and to scope;
Ensure growth and success of a live mobile payments service.

We come with successful approaches, experience and scars and by remaining very pragmatic. We also know from experience about keeping the bigger picture and political landscape in mind at all stages of the journey.

Mobile Money in the Developing World

Mobile Money services in the developing world are fundamental to enabling economic growth and provision of financial services to a largely unbanked population.

Piran understand the critical success factors required to successfully commercialise such services and have direct experience of the challenges and opportunities that Mobile Money services bring.

Our experience working both with Mobile Network Operators and Banks in this area gives us insight and perspective that can add great value to the customer proposition and commercial frameworks needed to ensure success.