Strex Picks Amdocs to Upgrade its Mobile Payments Services

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Amdocs, a provider of software and services to communications and media companies, has been selected by Strex, a consortium owned by the major Norwegian mobile operators Telenor, Telia, and Ice, to extend and upgrade Strex’s existing mobile payments platform. Strex provides mobile payment solutions for anyone with a mobile subscription registered in Norway.

Under the agreement, Amdocs will implement its latest cloud-native, microservices-based mobile payments platform at Strex, operated in a software-as-a-service (SaaS) model, powered by Amazon Web Services, Inc. (AWS). The new platform will support new advanced 5G use cases and ensure end-to-end coverage for the growing consumer demand for digital payments, leveraging the availability of the open banking API ecosystem.

“Seamless money transfers, direct bank payments and other e-wallet-based services are becoming increasingly important to our subscribers,” said Tove Mette Dramstad, Strex CEO. “With the new Amdocs platform, we will be able to offer all these services and quickly roll out new features utilizing Amdocs’ continuous integration and continuous deployment (CI/CD) practices.”

“Today’s consumers expect an easy payment experience across different channels, one that is seamless and supports different sources of funds,” said Gil Rosen, Chief Marketing Officer, Amdocs and division president amdocs:next. “Our new mobile payments platform covers these consumer expectations while also creating a financial ecosystem in which e-commerce firms can grow their business by accessing customers in a wider range of markets. With its financial-grade performance for transaction security, convenience and best-in-class operational reliability, we are proud to be extending our long-term relationship with Strex and allowing Norwegian subscribers to enjoy the benefits of connected money across different markets.”