Known as the next-generation of electronic commerce, Mobile Commerce (m-commerce) is believed to be the next biggest preferred mode of digital transactions. Today, there are over 3 billion consumers owning a mobile phone and 70% of the world's online population with no credit card. Growing number of cell phone subscribers coupled with the lack of a solid banking infrastructure in most emerging countries, indicates immense potential for mobile commerce solutions. By the end of 2009, it is projected that M-commerce services will generate revenue in excess of US$ 100 billion.

Successful uptake of services goes beyond providing mere applications; it requires innovative technology and business models that are well suited for mass market adoption and are also compliant with regulatory frameworks. As a managed service provider, Raseen helps eliminate the gap between banking, regulatory and telecom systems and offers a suite of unique and innovative services through its Raseen Wallet Management System (RWMS). 

Raseen Wallet Management System (RWMS) delivers a single-unified mobile commerce platform that can be tailored to suit the unique needs of the regional and/or international markets that you serve.  It is a simple, secure and affordable solution that reduces administrative time and involves minimal set-up and running costs.

RWMS features an array of services including mobile fund transfers, employee payroll deposits, mobile payment functions and other value-added services. All these stimulate consumer demand and contribute towards creating a stronger mobile cash environment.