Valista Wins Top Award At Wall Street Journal Innovation Awards

Monday 8 December 2003 12:00 CET | News

Valista, the company which will be formed by the merger of Network365 and iPIN, has won two awards - the overall Gold Award in the Business Application category and the Business Finance Award - at the Wall Street Journal Europe Awards for Innovation, in association with Accenture.

Valista has deployed its payments technology globally with leading operators such as NTT DoCoMo, 3, Vodafone UK, France Telecoms w-HA, and Hong Kong CSL. Over 250 applications were submitted for this years awards, which aim to honour individuals, companies and organisations that have developed new ideas, products, methods or technologies that improve quality of life or enhance productivity. To decide the three top winners, the judges examined how far each innovation went beyond marginal improvements to an existing idea. Among the other winners were such names as SAP, Germany, Siemens IC Networks and Celpay Holdings in the Netherlands. Valistas payments technology supports a range of transaction types from macro payments for larger purchases such as travel tickets and product purchases to micro payments (stored value) for smaller purchases such as ringtones, digital content and subscriptions. The payments engine is the common technology foundation on which all Valista products are built. Its a long-term infrastructure investment for customers with growing electronic and mobile commerce initiatives. Valistas product suite is an end-to-end payment infrastructure that can tie in to existing backend systems, ensuring a seamless business and accounting process.

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Categories: Payments & Commerce | Mobile Payments
Countries: World
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