Banking Technology reports that M-Cube, which is a part of VeriSign, is offering a Prepaid Mobile Banking Platform...M-Cube offers mobile banking for Ryanair prepaid members | Banking Technology magazine - UK
M-Cube has launched the M-Cube M-Payments Platform, a mobile banking application for consumers using prepaid cards in the UK and Ireland. This application will be immediately available to members of the M-Cube Ryanair Prepaid Programme and should be functional across the range of M-Cube backed prepaid cards.
The Ryanair Prepaid Programme, launched in November 2008, is a mass market multi-brand prepaid programme created by a prepaid card provider in the UK and Ireland. Holders of other M-Cube backed prepaid cards will also be offered access to the mobile application.
Using the M-Payments Platform, cardholders should be able to carry out a range of transactions directly from their mobile phones without the need to sign into their account via a computer. The services available to cardholders include:
- Activation of a new prepaid card
- Checking account balances
- Obtain a mini-statement of recent account transactions
- Top up prepaid card with funds
- Report a prepaid card as lost or stolen
- Live chat
- Foreign currency transfers
- Transfer between accounts
The M-payments application has been developed in partnership with information security experts Network Security Solutions using the firm's proprietary mobile text messaging security backbone, Xecure Message Service.
