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| Nokia, Tanla ink deal for License Management, Mobile Payments |
| Announcement / Corporate Oct 20, 2009, 16:51 IST |
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Tanla Solutions Ltd, the leading provider of Mobile Payments and License Management, today announced that it has signed a 5 year frame agreement with Nokia, the largest handset manufacturer, covering License Management, Mobile Payments and related professional services.
Tanla’s License Manager Product, for rights management of applications and software on mobile devices, has already been installed on over a hundred and ten million Symbian based devices. License Manager seamlessly integrates application rights management and payments, enabling in-application billing, try-before-you-buy, subscription, and many other business models on the handset. Tanla will expand License Manager from Symbian devices to other platforms also.
“The adoption of Smartphones is a key driver for the consumption of Applications and Content on the handset, Nokia being the clear market leader in the smart phone segment and the largest handset manufacturer, makes this agreement very significant to Tanla.” commented Uday Reddy, Chairman & Managing Director, Tanla Solutions.
Tanla will also be providing Nokia its Mobile Payment service to enable on device transactions. Tanla enables transactions in 160 countries through Mobile Operator and Credit Card billing. Tanla’s mobile payment service is used by a number of leading Software Vendors, Application Developers and Content Providers to enable secure transactions on the handset in order to monetize their content and services worldwide.
“This agreement further highlights our strong track record in processing secure transactions on the handset and our position as a trusted supplier of mobile payment services. Through a single integration with Tanla, application developers can monetize their services in 160 countries through operator and credit card billing” added Uday.
About Tanla
Tanla Solutions Ltd is a leading provider of license management and on-device payment solutions for mobile applications. Tanla’s license management solution is used by leading Handset Vendors, Application Developers and distributors to enable in application and on device payments as well as to enable business models like try & buy, subscriptions and other business models on the handset.
Tanla is listed on the BSE & NSE stock exchanges in India. For more information on Tanla, go to www.tanla.com.
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