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a2a interoperaBility makinG moBile money scHemes interoperate
3.2
Bilateral agreements
he simplest approach, in terms of understanding, is to mirror existing mobile money agent, or company, relationships but apply
them to other mobile money schemes and banks using bilateral connectivity and agreements.
TBoth mobile telecoms and banking industries have considerable experience in building bilateral agreements for interoperability.
Bilateral agreements are often used for roaming relationships between mobile network operators and are not uncommon in interoper-
able banking sector payments schemes. For example, in canada and australia electronic funds transfer payment card schemes for pos
retail payments operate on bilateral agreements between networks acquiring and issuing parties.
this approach is illustrated here:
$
MMO A MMO B
$
MMO C BANKS
Figure 1: Bi-lateral Agreements
STRENGTHS WEAKNESSES
relatively easy to deploy complexity increases with number of parties
existing account management processes each mmo needs to connect to all parties – duplicating efforts
may be able to re-use an existing framework for banks increases complexity of maintenance over time
enables net settlement (by agreement)
control over feature enablement
control over interface standards
Table 1: Bilateral Agreements Strengths and Weaknesses
10
3.2
Bilateral agreements
he simplest approach, in terms of understanding, is to mirror existing mobile money agent, or company, relationships but apply
them to other mobile money schemes and banks using bilateral connectivity and agreements.
TBoth mobile telecoms and banking industries have considerable experience in building bilateral agreements for interoperability.
Bilateral agreements are often used for roaming relationships between mobile network operators and are not uncommon in interoper-
able banking sector payments schemes. For example, in canada and australia electronic funds transfer payment card schemes for pos
retail payments operate on bilateral agreements between networks acquiring and issuing parties.
this approach is illustrated here:
$
MMO A MMO B
$
MMO C BANKS
Figure 1: Bi-lateral Agreements
STRENGTHS WEAKNESSES
relatively easy to deploy complexity increases with number of parties
existing account management processes each mmo needs to connect to all parties – duplicating efforts
may be able to re-use an existing framework for banks increases complexity of maintenance over time
enables net settlement (by agreement)
control over feature enablement
control over interface standards
Table 1: Bilateral Agreements Strengths and Weaknesses
10
