OUR VALUE PROPOSITION: The banking & financial sector has always availed the benefits of technological developments to serve its customers better. In this highly competitive sector, firms need to be proactive in order to stay ahead. Harex Ubiquitous Mobile Payment Service and Remote Payment Systems can give you the winning edge! The Harex UMPS is a proximity payment system based on NFC technology which enables financial transactions on the mobile phones, regardless of the time and location. It offers you a way to revolutionize your transactions and financial services, win the loyalty of your customers, expand market share & increase profitability. Harex UMPS empowers issuing banks & financial institutes by securely providing debit, credit, prepaid, insurance, security and loyalty card products to the customers on their NFC enabled mobile phones. BENEFITS: Expanded Market: Adoption of Harex UMPS will generate larger transaction volumes and facilitate greater usage of the card. Customers usually carry their mobile phone everywhere so the usage will increase. It will help attract new customers and increase segment size. There are over twice the number of mobile users as compared to card users. Economical: The costs of the magnetic card and the physical issue of card are eliminated. The issuing, disabling and reissue of cards is easier & simplified. Customer Loyalty: It will add value to the customers experience and thus will lead to happier and more loyal customers. It will bring you closer to your customer and will enable you to offer them new services and schemes which can be accepted and downloaded at the click of a button. Eazy & Secure Application Provision: Harex’s patented Over The Air technology application gives the flexibility of this service being issued and used easily and securely at any place and any time. The applications can be downloaded and accepted wirelessly without the customers needing to come to a particular service center. This allows greater acceptance and easier market penetration. You can now manage the customers’ cards remotely and in real-time making it cost effective and easy to implement. Expertise: Harex Infotech is the pioneer in the field of Ubiquitous Mobile Payment Service Technology with the world’s first commercialization of the mobile card payments (at Seongnam city in 2002) to its credit. Harex has already tied up with Shinhan, BC and Hyundai cards and is in the process of association with other card companies. It has readers at over 150,000 stores across South Korea and many users of the system. By the end of this year, Harex expects to tie up with all 17 banks in Korea to issue debit cards using the OTA System. It hopes to create an extensive network of alliances with financial institutes, insurance companies, security firms, mobile operators and the KFTC (Korean Finiancial Telecommunications & Clearing Institute). At Harex, we are dedicated to ensuring a high level of satisfaction among our customers and partners. So what are you waiting for… break away from those cluttered wallets!