Giesecke & Devrient (G&D) is to provide PayPal and Brazilian network operator Vivo with a mobile payment solution that allows their customers with prepaid accounts to top up their credit directly on their cellphone using PayPal. G&D will also deliver the necessary payment solution, the SmartTrust Mobile Transaction Gateway, to ensure that the transactions are executed securely.
The easy-to-use service gives customers direct access to phone credit, without having to buy a recharge card from a point of sale during normal opening hours. Based on USSD technology and compatible with all types of cellphone, the solution does not require users to download any other applications. For PayPal it is an opportunity to leverage on the mobile channel. Users can set up a PayPal account for the services directly on their mobile phone, and modify the account details to add or remove linked credit-card information whenever necessary.
The backend servers for this mobile payment solution are hosted and managed by Giesecke & Devrient in a secure data-processing center. The Mobile Transaction Gateway (MTG) via which all top-up and other mobile transactions are processed is based on the SmartTrust DP framework.