Nokia Money puts you in control of your life

Nokia Money puts you in control of your personal finances – anytime, anywhere.

The secure mobile finance solution

As well as reducing the risk of loss or theft from storing or carrying cash, Nokia Money gives you the confidence of secure mobile banking. The latest mobile technologies let you access your finances when and where you want – with no need to travel to the bank and queue – saving time and money.

Instant access to local services

Pay for products, services and public transport tickets and easily top up your account balance by visiting a Nokia Money agent*.

When you are working away from home, Nokia Money enables you to safely send money home to your family. You can also pay off microloans straight from your phone and transfer money when time is critical.

Nokia Money works for you

• Always with you: Send money or pay bills without trekking to a branch and queuing – or needing a PC
• Manage your money: Keep track of your balance, expenses and payments – and get alerts when you receive money
• Instantly transfer: When you’re in a hurry, transfer money straight from your mobile.
• Peace of mind: With less need to store or carry cash, you reduce the risk of theft or loss.
• Secure transactions: Your own PIN-code for your Nokia Money application and the latest mobile technology keep your transactions secure

By managing your money on your mobile you don’t have to find a bank or ATM to pay bills or send money – and you don't have or struggle with loose change. You can spend your time on the things that matter – like running your business and supporting your family.

Nokia Money opens up new markets and revenue opportunities

Innovative, global solutions

Nokia has a strong background in delivering familiar, convenient user experiences and empowering communications solutions around the world.

Joining our international partner network offers scaling benefits from interconnected markets, such as enabling international mobile transactions through popular remittance corridors. Further added value comes from an open ecosystem, add-on services and interconnected markets – which enable international mobile transactions through popular remittance corridors.

Minimise risk and resource strain

Setting up stand alone financial services operations requires dedicated knowledge, people, operations centres and specific balance sheet separation. In addition, dealing with regulation and compliance for banking, security and privacy may require separate operations and liability.

Nokia Money takes the burden of these costly resources away from our operator partners and you can take advantage of financial risk and cash liquidity management expertise in the Nokia Money agent network – you are free to focus on winning, serving and retaining your customers.

Benefit from partnership

• Retain customers with mobile financial services with broad appeal for consumers and businesses
• Reduce costs of toady s operations by enabling e.g. mobile prepaid top up transactions
• Create new revenue streams from value added financial services
• Enjoy the network effect of global coverage and reduced investments
• Utilise Nokia’s expertise in in-depth mobile development and broad integrated deployment across device platforms
• Share market insight throughout the purchase cycle to increase profitability and reduce time-to-market
• Improve marketing efficiency by coordinating and integrating with other product and service offerings

Together with our partner network, our market knowledge and excellence in execution can create new markets and revenue opportunities. To find out more about Nokia Money in your region please contact your local Nokia representative.

Partner with Nokia Money and build the future of global mobile personal finance

Creating value with partners

We are creating a new ecosystem of partners to bring mobile financial services to new, previously unreachable customers.

Together, we will enable transactions that might not have been possible before due to cost, location or time constraints. Bringing only a portion of today's cash transactions to mobile will result in a new user base and create huge value.

Scaling mobile finance

Our vision is that our cross platform approach, with a global network of business partners, will connect millions of customers through truly interoperable standardised systems for mobile banking, transactions and payment. We will be making mobile money an integrated part of the mobile device, allowing easy and convenient consumer access and use.

Global coverage, including connecting financial enterprises and operators, supports opportunities for volume transactions. The Nokia Money platform is compliant with key international standards for banking, risk, fraud, privacy, distribution and infrastructure operating processes.

A reduced risk business model

• Partnering to mitigate overall financial balance sheet risk and opportunity
• Risk and liquidity management expertise in the distribution network
• Dedicated resources for geographical roll-out and issuance via broad, existing Nokia retail networks
• Joint investment to launch and reach customers on a huge scale

Benefit from money going mobile

• Mobile transactions replacing cash will bring new customers and increased transaction volumes
• Reach unbanked customers that are not reachable in any other way
• Grow new customer accounts with straightforward KYC-compliant account activation
• Develop new customer acquisition channels via Nokia Money agents that complement and extend existing branch networks
• Application pre-installation in mobile devices provides wide distribution and a ready user base
• Save per customer costs against physical banking channels
• Cooperation on solutions to co-market, educate, train, incentivise and create new market opportunities

In India over 60% of the population do not yet have a bank account

Nokia Money will bring people closer together – especially those who may not have had a bank account before – and create new value creation opportunities for all our partners. Find out more about Nokia Money from your local Nokia representative.