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Money Orchestrator

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Ericsson Money Orchestrator, a secure, convenient, fast and affordable way to:

  • Store, transfer and withdraw money
  • Make payments via a mobile phone
  • Conduct banking transactions.


With Ericsson Money Orchestrator, operators can gain new revenues from transaction fees, international remittance, a monetized float and increased traffic in the network, as well as attract new customers and retain existing ones. Combined with lowered opex from simplified commission structures and distribution processes, our research shows average revenue per user can climb by more than 10 percent. 
 

Product description

The system is designed according to general financial rules and regulations and can be adapted to fulfill specific local rules and regulations.

Ericsson Mobile Money has the flexibility to be used to:

  • Attract new customers with both secure and easy-to-use services
  • Target banked and unbanked customers who want to send, store and receive money using the mobile phone
  • Attract financial institutions that want to launch mobile services and/or want to grow while avoiding costly branch openings
  • Launch related payment services for a range of customers
  • Offer services to merchants and financial institutions
  • Increase service revenues and network traffic
  • Establish new revenue streams (interest float, transaction fees, subscription fees, account management, currency exchange) and wholesale revenue (third-party services).

Generate new revenue

Mobile Money service providers are generating revenues mainly through:

  • Commissions on transactions
  • Monetized floats
  • Subscription fees.

Indirect benefits when introducing mobile money are:

  • Attracting new customers
  • Retaining customers.

In emerging markets in particular, the effect of introducing mobile money can be to increase ARPU by more than 10 percent.

Reduce costs

Mobile Money service providers will reduce costs, thanks to simplified commission structures and distribution processes.