Two European technology companies, Evina and Telecoming have signed an alliance to promoting DCB as the safest and most appropriate payment method in the new mobile economy, especially, for the fight against fraud.
The agreement deals a blow to the mobile fraud that cost the African continent over USD 4 billion last year. DCB is the most suitable payment technology for millions of unbanked Africans who appreciate its unparalleled reach and convenience. The agreement between the two firms, both with operations in 15 African, Middle Eastern and European countries, now makes mobile-based transacting even safer.
Telecoming is the leading expert in DCB since 2008 and Evina is the reference in the fight against digital fraud. With this alliance, both firms combine their expertise to develop and boost mobile payment security.
According to the Chief Operating Officer, Telecoming, Roberto Monge, “Direct carrier billing has been growing in the new digital economy. It is a technology with enormous potential that benefits all players in the mobile environment. With this alliance, we want to place DCB at the forefront of the payments industry and reinforce our commitment to the development of a transparent, secure and stable mobile economy”.
On his part, Evina’s Chief Executive Officer, David Lotfi said: “The potential of DCB is widely underestimated by mobile operators and other market players. This is mainly due to the fact that DCB is currently adversely affected by fraud. By protecting the mobile payment ecosystem, we aim to sustain DCB’s growth and help all players flourish in this ecosystem.”
The alliance will also educate clients on the vast potential of direct carrier billing through the DCBMaster service that allows users to measure their exposure to fraud, as well as their market and regulations knowledge.
The alliance will also enable Fraud protection, Innovation, Penetration in the Digital Industry and Growth Potential. the launch of the first global DCB indicator. This DCB Index will measure the maturity of the DCB market in different regions, based on the analysis of four indicators: