Bulgarian Operator to Test Mobile Banking and Payments

­Bulgarian mobile network operator, Globul has started a pilot project for the development of a service for bank payments via the mobile phone. The project, unique for Bulgaria is jointly developed with the banking operator SEP Bulgaria, Alliantz Bank Bulgaria and Post Bank, as well as with the participation of different commercial chains in the country.

The service is expected to be available for Globul subscribers from the beginning of 2010. After Allianz Bank Bulgaria and Post Bank, which are already integrated into the system, other trade banks are expected to be gradually included.

Users of the Mobile Wallet service will have at their disposal the money in their bank account at any moment, regardless of the working time of the bank and will be able to order transfers to all banks in the country, to make payments online and in different commercial sites, to pay utility services fees and to receive information about the status of their bank accounts in real time. Globul subscribers will be able through Mobile Wallet service to pay their postpaid bills or to recharge a b-connect cards.

Every subscriber who activates the Mobile Wallet service can also receive a special microchip for contactless payments which allows to make payments of up to BGN 20 via the designated devices in commercial chains without having to type in a PIN code.

Posted to the site on 30th September 2009