Thursday, October 23, 2014

Mobile Lads Corp. (MOBO) Leverages Core Technologies to Grow with Broader Mobile Commerce Market

From its offices in Aventura, Florida, and Toronto, Canada, Mobile Lads offers three core technologies to deliver secure, wireless transaction software solutions for the growing consumer finance, web and health payment processing sectors. With a stern focus on mobile commerce, the fastest-growing segment of the $1.5 trillion global e-commerce market, Mobile Lads aims to fill a specific need and expand its industry-leading position.

Though trends in consumer and merchant transactions are shifting toward mobile commerce, acceleration of this growth is crimped due to concerns of security and privacy associated with the actual transaction. Challenge often breeds opportunity, and through its Xtreme Mobility division, Mobile Lads has developed a suite of high-security solutions to address this concern and prevent unauthorized transactions.

Mobile Lads’ core mobile platforms, xmVerify, xmBilling, and xmOne, are designed to simplify and secure wireless communications. The company’s solutions provide streamlined, continuous access to time-sensitive information and data on multiple network standards.

Using cutting-edge cryptographic services, the company’s xmVerify solution prevents credit card fraud by giving users control over the authorization process when making purchases. The platform sends a transaction authorization request directly to the user’s mobile phone to ensure authenticity before the transaction is finalized. If the user does not personally authorize the payment, the transaction is not completed.

xmBilling enables customers to review and authorize automatic billing transactions, alleviating significant challenges of automated and volume-based billing. The system works by sending the user a text message with a URL leading to an online e-bill where they can review details of the bill and authorize the payment via credit card with the use of their PIN number.

The xmOne mobile platform provides encrypted mobile services such as top-up, payment processing, emergency notification and marketing, making it an ideal for students and higher education facilities. The platform interfaces with a school’s existing campus card account system to enable students to perform a variety of banking transactions from their cell phones.

Leveraging these transaction-centered technologies, Mobile Lads has a unique, tremendous opportunity to accelerate growth in the mobile commerce market, transforming the way buyers, sellers and credit/debit card processors do business while achieving its mission to grow the company’s brand recognition worldwide.

For more information, visit www.mobilelads.com

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