Enhanced for M2M roaming requirements, MACH’s data and financial clearing solutions provide global coverage for MobiquiThings’ customers.
MACH, a provider of hub-based mobile communication technologies, has announced that it is delivering a new data and financial clearing and settlement proposition, tailored to the unique Machine-to-Machine (M2M) environment, to MobiquiThings, an M2M-specialist operator. As one of the first pure M2M service providers to sign up with MACH, in what is becoming an increasingly important growth market to international clearing providers, MobiquiThings will leverage MACH’s experience in global clearing, settlement and payment management for its innovative M2M services.
According to analyst house Infonetics Research, the global M2M market will be worth $3.8bn by 2015. While this represents a great opportunity for players such as MobiquiThings, the nature of M2M communications is completely different to that of the traditional mobile market and presents unique challenges. Average Revenue Per SIM (ARPS) is much lower than with traditional mobile telecommunications, while transaction volumes are much higher, requiring a completely different approach to tackling data clearing and settlement.
Cyril Hullin, Chief Executive Officer, MobiquiThings commented: “Out of all the companies we spoke to, MACH was the only provider who understood the unique requirements of the M2M space and honed their services to suit our needs. With some M2M messages weighing just 1Kb, or even less, and representing much smaller ARPS than is normal for the mobile industry, MACH has ensured that we have the right, M2M-specific, inter-operator tariff processes in place to effectively transact data across the world and monetise our business.”
MobiquiThings provides customers with unique SIMs that can automatically choose which network to connect to based on quality of service and cost parameters. It was therefore important for the company to rely on a data and financial clearing provider that could work with the widest number of partner networks globally. This was a key factor in its selection of MACH, which, with over 650 operator relationships, can offer the company global reach.
Through MACH, MobiquiThings will benefit from optimised cash flow, reduced revenue leakage and a faster launch time into new markets. By outsourcing its data clearing and financial clearing and settlement requirements to MACH, MobiquiThings will benefit from huge CAPEX savings and will free up internal resources to concentrate on its core business.
