
Solution = aKos Mobile
Remittance Gateway
The Mobile to Merchant
to Cash Connection
At the intersection of the wireless and financial services industries
that bridge international borders, aKos Technology Corporation
is creating a “Virtual Western Union”* that targets
the unbanked via mobile remittances. An emerging global market
opportunity, “mobile remittances” refers to the convergence
of wireless services and money-transfer technologies. Driven by
this innovation, the global remittance industry is forecast to
grow from $268B in 2006 to $1,000B in 2012.
In order to capitalize on this opportunity, aKos has created the
aKos Mobile Remittance Gateway that allows seamless yet cost-effective,
convenient and secure mobile remittance services via its unique
methodology. aKos is the solution to monetize this untapped segment.
The aKos patent-pending Mobile to Merchant to Cash solution:
-
Allows a wireless subscriber the ability to send funds internationally
from his mobile device where the recipient receives those funds
in cash at merchants they already frequent
-
Requires no infrastructure changes
-
Is delivered as a turn-key solution
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Does not require the recipient to have a mobile phone
-
Requires no bank account, credit/debit card, or financial
instrument
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Provides complete money-transfer regulatory compliance
-
Provides robust transactional security and physical safety
aKos has integrated this functionality with wireless
carriers, financial institutions, merchants/retailers/POS and various
strategic partners into a comprehensive ecosystem.

* "Western Union" is
a registered trademark of Western Union Holdings, Inc., and
aKos Technology
Corporation claims no affiliation with or rights in such trademark
or any related marks. The
trademark "Western Union" is being used for
comparative and informational purposes only.
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