Alcatel-Lucent's Mobile Wallet Service provides flexible payment, loyalty and marketing services to operators and enterprises

An explosion in mobile wallets is predicted... a growth from 10 million wallets today to more than a billion mobile wallets by 2015. If this were to only materialize partially, this would be the biggest financial revolution in the history of mankind.

Mobile payment framework:

• Wallet (stored value account) for cash and virtual cash
• Event dispatcher
• Transaction workflow engine and rules engine
• Payment gateway for payment settlement

Mobile payment applications:

• Proximity payment
• Mobile money transfer
• Remote ticketing
• E- and M-commerce
• Loyalty, coupon services and marketing

End-to-end integration

• Integration with point-of-sale infrastructure
• Integration with e-shops and application stores

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