Happy to share that we are getting closer to our goal of enabling telecom networks in becoming the best and most used media to deliver content, information and intelligent transactions to consumers. We have partnered with Nuance Communications a leading provider of speech and imaging solutions globally for businesses and consumers, to take speech based applications to the masses.
Automatic speech recognition based applications will enable both telecom operators and enterprises to establish a better connection with their customers by leveraging One97’s expertise. The new application will ensure product delivery for rural and semi-urban markets where users have not yet been able to achieve benefits of the value added services due to lower literacy levels and linguistic barriers.
Speaking on the occasion, Mr. Vijay Shekhar Sharma, Managing Director, One97 Communications said “Voice is the preferred application interface for Indian mobile consumers. As the voice application and platform leader, having Nuance’s speech skills will be a great asset for us to build compelling consumer experiences. Together we will be able to address the Indian consumers in not just 28 languages but also in thousands of dialects.”
With more and more mobile subscribers performing mobile payments, it has become increasingly important for mobile payment platform providers to ensure that they offer a secure payment environment to their customers. While we always knew that our PayTM platform was an extremely secure solution for enabling mobile payments, we felt that it is always good to get a second opinion from an independent third party.
So we invited SISA to conduct an external information security audit of our PayTM Network. After an extensive audit process, SISA has issued us the PCI DSS 1.2 (Payment Card Industry Data Security Standard) Security Certificate. We feel that a third party endorsement of our compliance with global security standards will further bolster the customers’ trust in our PayTM Mobile Commerce platform.
The PCI DSS (Payment Card Industry Data Security Standard) is a multifaceted security standard that includes requirements for security management, data security policies, risk procedures, network architecture and application design. The standard has been developed by VISA, MasterCard and American Express which are among the founding members of the global PCI Security Council. PCI applies to all organizations that store, process or transmit cardholder data. Compliance with this stringent PCI Data Security Standard will enable One97 to proactively protect customers’ account data (credit card details, debit card details and bank account numbers).
With the award of PCI DSS Security Certificate, One97 has become the only secure mobile commerce platform provider in India with end-to-end implementation capability across Voice, Messaging, WAP and Web.
