Security is imperative for any Mobile Banking to create the trust in users to adopt any mobile banking and payment platform. tecways has been approached by two leading German banks to develop a comprehensive solution, which secures any transaction between the mobile phone and the bank. The result of this cooperation is a comprehensive transaction platform tecMtransact, which has security at heart.
tecMtransact enables both mobile banking as well as mobile payment and many other banking aspects securely. tecMtransact enables all mobile phones from the simple feature phone to the latest complex smart phone and works even in GSM starved regions, where only 2G tower infrastructure is available.
The platform is highly flexible to maintain maximum independence and flexibility for banks to cater to their customers.