30 Mar '11, 8am

Mobile payment made easy

Mobile payment made easy

Mr Chua Zi Yong: We aggregate the various payment systems into a one-stop interface. Stream Media has identified payment services as an important catalyst for mobile software development, and has focused its energies into building a system that connects and facilitates payment between the key parties in the mobile ecosystem. The company was founded in March 2009 when its Chief Executive Officer Mr Chua Zi Yong saw the need for simple enablement of payments to be made to companies in the mobile space. “I was putting together a business plan for mobile TV streaming when I found setting up a system for payment to be a very big pain point,” he said. Companies often had to individually integrate various payment types like credit cards, operator billing, and virtual currencies, into their internal systems, an onerous process that can take weeks or even months just to set up a si...

Full article: http://www.ida.gov.sg/insg/post/Mobile-payment-made-easy....

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