Create the Opportunities between SIM and Mobile Equipment
SIMoME® Pay
The first open platform of mobile payment in the world
It is an open solution without tied to any phone OS, hardware device which creates more business opportunities for both carriers and banks or anyone who longed to join mobile payment field.
With SIMoME Pay, companies in different industries; Banks, Telcos, Games and handset makers etc. can build up proprietary mobile payment system or aggregate as an alliance.
Solutions
Taisys can provide cards (thin/overlay/membrane, chip, or smartsocket), APP, SIMoME Pay platform or the platform may be developed by the client with consultancy from Taisys’ professional team
Scenarios
On-line payment
Users make purchase online and select to pay with SIMoME Pay. SIMoME Pay can contain a purse or store credit card information.
SIMoME Pay system utilizes OTA to push payment request and payment details to device with installed SIMoME Pay SIM and request user confirmation.
After user enters confirmation, SIMoME Pay SIM delivers response to SIMoME Pay system.
If user selects to pay with credit card, SIMoME Pay system will follow path A and send confirmation to the Bank for settlement. If user chooses to use the wallet, path B is taken and the result is sent to the wallet system for deduction.
SIMoME Pay system will then deliver the payment result to the online merchant.
The merchant can then deliver the result or update its order status.
Off-line payment
User select products and decide to pay using SIMoME Pay with the Merchant POS.
User can select to use the wallet or stored credit card and tap the merchant POS with the NFC device with SIMoME Pay inside (if using credit card, the POS is from the organization, if using the wallet, then it is use a custom reader and system)
The POS terminal will trigger an identification request for the user to confirm payment details and validation
Once the user enters the payment PIN to confirm payment, the SIMoME Pay card will pass the result back to the POS.
If the user selects to pay with Credit Card, then as shown in path A, the confirmed transaction will be sent to the bank for settlement. If using the wallet, the deduction result will be sent back to the merchant POS terminal.
In APP Payment
When making purchases with an APP supporting SIMoME Pay and selecting to use SIMoME Pay for payment.
The APP will utilize Taisys provided SIMoME Pay Wallet API to send the payment request to the SIMoME Pay system server.
The SIMoME Pay system will use OTA to push the payment request and details to the user device with SIMoME Pay inside for the SIMoME Pay SIM to confirm payment details.
After the user confirms and enters the payment PIN, the SIMoME Pay SIM will send the result back to the SIMoME Pay system server.
If the user is paying by Credit Card, the SIMoME Pay system will take path A and send the confirmation to the bank for settlement. If the user is paying from the wallet, then path B is taken and the result is sent to the wallet server for deduction.
SIMoME Pay system will then return the transaction result to the APP.
