Strex chooses Amdocs’ new SaaS model powered by AWS to improve its payments platform

SaaS News - Strex chooses Amdocs' new SaaS model powered by AWS to improve its payments platform (source: SaaS Industry)
At a Glance

Strex has chosen Amdocs to upgrade its existing mobile payment platform. Strex is a partnership of Norway’s main mobile carriers. Amdocs is a leading provider of software and services to media organizations, with 26,000 people working in 85 countries.

Strex, a consortium controlled by the main Norwegian mobile carriers Telenor, Telia, and Ice, has chosen Amdocs to extend and enhance its existing mobile payments platform. Amdocs is a prominent provider of software and services to communications and media organizations. Strex offers mobile payment options to everyone in Norway who has a mobile subscription.

As per the deal, Amdocs will install its newest cloud-native, microservices-based mobile payments technology at Strex, which will be delivered as a SaaS model and powered by Amazon Web Services, Inc. (AWS). Using the open banking API ecosystem, the new platform will support new sophisticated 5G use cases and provide end-to-end coverage for the rising consumer demand for digital payments.

Seamless money transfers, direct bank payments, and other e-wallet-based services are becoming increasingly important to our subscribers. With the new Amdocs platform, we will be able to offer all these services and quickly roll out new features utilizing Amdocs’ continuous integration and continuous deployment (CI/CD) practices.

Tove Mette Dramstad, CEO of Strex

Today’s consumers expect an easy payment experience across different channels, one that is seamless and supports different sources of funds. Our new mobile payments platform covers these consumer expectations while also creating a financial ecosystem in which e-commerce firms can grow their business by accessing customers in a wider range of markets.

Gil Rosen, chief marketing officer at Amdocs

With its financial-grade performance for transaction security, convenience, and best-in-class operational reliability, we are proud to be extending our long-term relationship with Strex and allowing Norwegian subscribers to enjoy the benefits of connected money across different markets.

Gil Rosen, chief marketing officer at Amdocs

In 85 countries, Amdocs and its 26,000 employees collaborate with the world’s largest communications and media companies to deliver next-generation experiences.

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