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› AM-BEO and MoreMagic Announce Partnership
13 September 2004
AM-BEO LTD., a global leader in rating, charging and revenue settlement software products and solutions, and MoreMagic Solution, the premium provider of software solutions to enable charging and payment of premium content and services today announced that they had entered into a joint marketing partnership.
The agreement outlines a number of joint activities the two companies will undertake in addressing the charging and payment requirements essential for next generation content based services and in particular will focus on the sales and marketing of a cohesive solution that meets market demands employing AM-BEO’s nCharge™ and the More Magic MBroker™ products.
nCharge is an advanced solution for the identification, control, rating and charging of network services for both content providers and network operators. nCharge is designed to address the complexities of charging for next generation communication services and provides complex product rating, real-time credit control and multiple balance management to enable the generation of additional revenue from new and innovative network services with reduced time to market and improved margin management.
MBroker provides authentication and payment services to merchants or content providers, financial service providers, operators’ prepaid and postpaid solutions and other value added service providers. It is a standards-based, highly flexible and very scaleable middleware server which facilitates authentication, authorization, accounting and Audit (AAAA) of payment services initiated from variety of devices over various networks. The system can be used for both micro and macro payments, for example payment for digital content, streaming audio and video, and purchase of physical goods online. The system supports event-based billing, time-based billing and volume based billing, hence providing the customer a flexible transaction management solution.
"As data services become a crucial component of the operators ARPU, there is a new middleware layer that is emerging in the operator environment. Increasingly we see a requirement for real-time charging and payments to be provided within this layer, thus overcoming the idiosyncrasies of existing back-office billing systems, particularly when addressing the prepaid customer.” stated Pankaj Gulati, CEO & President of More Magic "The partnership with AM-BEO gives our customers access to a robust, proven, real-time charging solution that can facilitate instant payment and service delivery, using the More Magic technology to any number of payment sources.”
