The financial sector has always been an active industry with transactions which are no longer solely governed by “hard cash”, but also for ease of payment and sense of personalization. The recent advancement in the internet, transportations and communications have further broadened the global financial transactions across distance and increased transactions by number and in amount.

The mobile industry is also seen moving in companion with close trend of personalization and mobility. Boosted by the readiness of the GSM infrastructure world wide, applying Financial on mobile channels should further reduce transactions overheads, thus speeding up transactions remotely.

However, Financial GSM incurs sensitive data and information and it needs to be strongly backed by secured mechanisms when data starts to run wirelessly across networks. This is achieved with Dallab Crypto Platforms which performs data encryption before putting into transmission channels. In addition, authentication is processed to ensure the presence of a valid data receipt, thus creating crypto and trusted fund transfer or payment transactions.

Dallab crypto Platforms allows Financial GSM Applicationss to be enabled using its Data channel and/or the SMS channel. These channels are commonly used and easily integrated with the total innovative system solutions including “cashless” fund-transfer, point-of-sales, payment server, payment gateway, secured terminal, etc.

The advantages go beyond the consumers and the financial institutes, contributing also to the usage data and messages that would bring revenue to the network operators.