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dtac Wins Award for Mobile Banking Service

Press release
Fornebu
3 minute read
Press Release
Telenor's Thai mobile operator dtac has been awarded for its highly popular mobile banking service ATM SIM. The award for "Best Mobile Money Service" was presented at the GSMA's Mobile Asia Congress gala opening in Macau on Tuesday 18 November. GSMA is the global trade association for mobile operators.

"We are honoured that our innovative 'ATM SIM' has received such recognition at this year's Asia Mobile Awards 2008. The award underlines our ongoing commitment to further develop the advanced mobile money service to bring convenience to consumers," said dtac CEO Tore Johnsen.

Enabling use of ATM services via mobile phone

ATM SIM is the joint development project of KASIKORNBANK and dtac to allow customers to make financial transactions conveniently everywhere. The SIM card innovation makes financial transactions handy for mobile users. It is Thailand's first and only service that enables customers to use ATM services via their mobile phones. Customers can check their bank balance, make transfers and payments and be informed of their payment deadlines wherever they are.

700,000 ATM SIM subscribers

The SIM guarantees the same security standard as served for other financial transaction channels of the bank but provides its subscribers with more convenient services. Currently, there are over 700,000 ATM SIM subscribers who have carried out as many as 6.8 million transactions and are transferring over 4 billion baht a month. It is believed that the number of ATM SIM subscribers will reach 1 million by the end of this year.

More than 120 entries from companies across Asia

GSMA's Asia Mobile Awards 2008 is a unique platform recognizing outstanding growth, innovation and leadership across Asia's mobile industry. A specialist panel of independent analysts, journalists and industry experts judged the winners. The Asia Mobile Awards attracted more than 120 entries this year from companies across Asia and other parts of the world including the U.S. and Europe.

The awards are open to operators, vendors and the broad value chain from across the mobile industry that provide products and services that are commercially available in at least one Asian market. The GSMA represents more than 750 mobile networks across 218 countries. Read more about the congress, awards and winners - see links to the right.