Nokia Taps Tanla for Mobile Payments Services

­Mobile payments software provider, Tanla Solutions says that it has signed a 5 year agreement with Nokia covering License Management, Mobile Payments and related professional services.

Tanla's License Manager product, for rights management of applications and software on mobile devices, has already been installed on a hundred million Symbian based devices. License Manager seamlessly integrates application rights management and payments, enabling in-application billing, try before you buy, subscription and many other business models on the handset. Tanla will expand License Manager from Symbian devices also to other platforms. .

"The adoption of Smartphones is a key driver for the consumption of Applications and Content on the handset, Nokia being the clear market leader in the smart phone segment and the largest handset manufacturer, makes this agreement very significant to Tanla." commented Uday Reddy, Chairman & Managing Director, Tanla Solutions.

Tanla will also be providing Nokia its Mobile Payment service to enable on device transactions. Tanla enables transactions in 160 countries through Mobile Operator and Credit Card billing. Tanla's mobile payment service is used by a number of leading Software Vendors, Application Developers and Content Providers to enable secure transactions on the handset in order to monetize their content and services worldwide.

"This agreement further highlights our strong track record in processing secure transactions on the handset and our position as a trusted supplier of mobile payment services. Through a single integration with Tanla, application developers can monetize their services in 160 countries through operator and credit card billing" added Uday.

Posted to the site on 20th October 2009