![]() Financial Daily from THE HINDU group of publications Tuesday, Jul 05, 2005 |
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Info-Tech
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Alliances & Joint Ventures Encore teams up with Datanet to offer fund transfer solutions Our Bureau
Bangalore , July 4 ENCORE Software has entered into a strategic partnership with Datanet Systems Ltd to develop an application that will enable transfer of funds between two countries, using Encore's mobile, hand-held devices and Datanet's proprietary smart-card authentication software. This solution has been developed for the UK-based XK8 Systems, which works in the areas of electronic payment systems and supporting communication services. As a pilot project, this application, using Encore's Simputer with a built-in Smart-card Reader/Writer, would be deployed to enable fund transfer between a person in the UK and a person in Ghana. The pilot project is expected to commence mid-August. Mr Sam Lupton, Director, XK8 Systems, said depending upon the pilot project's success, the service would be extended for transferring funds between the UK and West Africa.
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