UPP Concept

The Universal Payment Platform (UPP) Concept represents the results of research works on construction a system project of an electronic payment platform for the existed and future mobile networks. The development of the UPP Concept was initiated by the Infocommunication Union and endorsed by the Ministry of Information Technologies and Communications. The initiative was also supported by the State Duma of the Russian Federation.

Universal Payment Platform is an integration of organizational links and the technical devices of mobile operators, banks, and other participants that provide customers with the ability to process payments via their mobile phones.

In the mobile commerce system networks of several mobile operators can be used, including those of different standards (GSM-900/1800 and IMT-MC-450).

In the UPP business model the buyers-subscribers and salesmen establish direct contract relationship using electronic banking products for payments processing. Such business model seems to be the most appropriate for the infocommunication market development needs as well as for new types of interaction between operators and content and services providers. Implementation of the UPP also means the use of standard technical solutions by network operators, banks and other market participants to process electronic payments made by subscribers for goods and services.

The developed model is general and embraces the whole range of payment operations and financial services, realized by mobile phones.