paybox will process money transfers worldwide with Sybase 365

paybox mobile payment processor has announced its partnership with Sybase 365, a subsidiary of Sybase and the world’s largest provider of mobile data roaming services. Owing to this agreement paybox will be able to extend its mobile payments and mobile money services to customers worldwide.

"paybox's vision for mobile commerce fits well with our business objectives. paybox and Sybase 365 will offer solutions for mobile payments and person-to-person money transfer targeted at both emerging and developed markets.," said Matthew Talbot, vice president, mCommerce, Sybase 365. 

paybox's mobile payment software - Mobiliser Portfolio - recognized as one of the broadest on the market - will leverage Sybase 365's integrated mobile messaging services and unrivalled global reach to more than 700 mobile operators and 3 billion subscribers, offering customers an open mobile payment infrastructure standard

"This agreement is a natural progression of where the market is headed and what customers are demanding from their mobile phones," said Eckhard Ortwein, CEO paybox. "By combining mobile messaging and mobile payments offerings, Sybase 365 and paybox are establishing a global standard for mobile commerce services."