/ 16 November 2000

COINTEL LEADS WAY IN M-COMMERCE

TELECOMMUNICATIONS value-added service provider Cointel has surged through all previous m-commerce barriers to register an unprecedented R1m a day in m-commerce transactions, with more room for growth. “While other m-commerce ventures are still in their infancy, Cointel has delivered on the m-commerce promise,” said Paddy Gray, director of ECnet, a division of PQ Africa which provides the secure banking interface for Cointel’s systems. Cointel combines cellular telephony, information technology and the banking system to allow cellphone clients to recharge airtime without physically having to buy a voucher.