| Friday
October 22 1999
Setec has launched the first SIM card based MicroBrowser, that enables
secure mobile banking and commerce.
This latest innovation enables a real-time share trading
through mobile phones. This technology is the heart of SingTel Mobile's
newly released e-commerce infrastructure that utilizes the Wireless Internet
Gateway (WIG). Microbrowser has been developed in a joint project by AU
System Mobile, Sweden, and Setec on Setec's 16K SIM card.
There is a growing interest in the marketplace for mobile phone internet
access. The need for an open system that is operator and mobile phone model
independent is an urgent one.
The MicroBrowser converts html language into Short Message Service (SMS) and
makes it possible to receive and forward trading information to mobile phone. To
use this solution one does not need a WAP phone, so it can be operated through
the existing GSM network. As a result, the MicroBrowser is an internet browser
on a SIM card.
With MicroBrowser mobile e-trading is possible even if the investor is at the
office, at home or on holiday. The solution enables the buying and selling of
stocks, cancelling and amending orders, receiving stock prices and volume alerts
through an easy-to-use SMS. And the information is always on time.
Today Setec is the only provider for this highly secure MicroBrowser. The
solution takes the e-trading into the next generation and opens enormous
possibilities to mobile trading business.
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