SNT Multiconnect Offers a Reliable Telephone Payment Solution With mobuy

By Snt Multiconnect Gmbh Co. Kg, PRNE
Thursday, February 11, 2010

MUNICH, February 12 - SNT Multiconnect GmbH & Co. KG is offering noncash payment
transactions from fixed and mobile networks with mobuy. Consumers will be
able to register up to ten phone numbers and pay at all Points of Sale with
one call in future. This means that no confidential data needs to be entered
at the Point of Sale or in Internet trading. Vendors profit from fast
processing and low transaction fees.

The German Federal Association for Information Technology,
Telecommunications and New Media e.V. (BITKOM) estimates the economic damage
by phishing - the theft of personal data - at around EUR10.9 million in 2009,
with an upward trend. The risk of secret being data being intercepted is
particularly high where Internet purchases are concerned. Many consumers are
thus wary of entering confidential credit card or bank data in online
trading. The mobuy solution, developed by Mobile Payment AG and marketed by
SNT Multiconnect, offers an alternative to this, which meets the requirements
of an increasing safety awareness. All users need is a phone number and a
bank account.

The service is available after a one-off registration at mobuy
of up to ten phone numbers from fixed and mobile networks and verification of
bank data. If a consumer wants to conclude their order with a payment, they
will receive a unique fixed network phone number generated by the system. In
the subsequent call, the user's own phone number is sent to the system and
the caller is thus uniquely identified. The customer confirms the purchase by
entering their personal PIN, which initiates a bank transfer. Apart from the
usual connection fee, no further costs are incurred for the consumer.

Every payment transaction with mobuy is covered, which means
that there is no contingency risk. The amount is credited within a few
working days. At the end of the month, the vendor receives a detailed
statement of charges on the fixed and variable transaction fees that have
been incurred during the billing period. mobuy does not have a minimum
contract period, basic monthly charges or a registration fee and can thus be
used flexibly.

"In online trading, mobuy is the better alternative to EC card
and credit card payments, as consumers do not have to divulge any
confidential data", says sales director Herman Kasch from SNT Multiconnect.
"Vendors, on the other hand profit from a simple and cost-effective
alternative to competing forms of payment. We envision great potential for
this form of payment, particularly in the online mail order trade and in the
gaming segment."

You can find out more about mobuy in Hall 2, Booth 2 H04 at
the Mobile World Congress in Barcelona from February 15 to 18, 2010.

About SNT Multiconnect

SNT Multiconnect GmbH & Co. KG, Munich, is a 100% subsidiary
of SNT Deutschland AG. Based on its own nationwide infrastructure as a
telecommunications network operator, the company offers custom-made
communications solutions for Marketing, Sales and customer retention based on
customer service numbers and intelligent telephone premium services.

SNT Multiconnect's service portfolio includes solutions for
customer support, helpdesk, fund raising, teleshopping, interactive media
concepts, language and online portals as well as reseller consulting, which
can be complemented by the services of SNT Deutschland AG.

Further information: www.snt-multiconnect.de and at:
www.mobuy.de

    Press Contact

    SNT Deutschland AG
    Jutta Lorberg
    Tel.: +49 170-4702145
    E-Mail: jutta.lorberg@snt-ag.de

Press Contact: SNT Deutschland AG, Jutta Lorberg, Tel.: +49-170-4702145, E-Mail: jutta.lorberg at snt-ag.de

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