Remittance processing services of Wausau Financial Systems, US provider of payment processing and document processing services will have a mobile channel with ClairMail, mobile banking and mobile payments services provider.
ClairMail's Mobile Lockbox will be integrated with Wausau remittance processing managed service. Now lockbox offering will include payments service via mobile phones. The payer is to receive 2-way alert message on his mobile device which includes transaction data such as payee name, money amount and deadline. The bill is instantly paid from the mobile phone as the payer replies to the message. Thus the technology of Wausau features mobile alert, user action on the alert and bill payment facilitation through ImageRPS remittance software. These services are working on the basis of the existing ACH Clearing, Host Emulation and ACH Returns functionality within ImageRPS.
All mobile phones may operate ClairMail's mobile banking and payments service which in turn may be accessed via messaging, mobile web and client applications.
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I think the mobile phones are like iPhone and in telecom industry it is good news for UK subscriber because now a days gadgets and mobile phones are going to higher in technology.