MoreMagic Solutions offers transaction platforms for mobile operators, financial institutions, content providers, and distributors, enabling consumers to purchase goods and services on demand using a mobile phone, POS, or web. MoreMagic's high-throughput payments engine (m:Broker) and the portfolio of pre-packaged mobile commerce applications in MagicSuite, enable revenue-generating services, including mobile recharge, domestic and international mobile money transfer, mobile banking and mobile payments. MagicHub, MoreMagic's global value exchange which is connected to a worldwide distributor network, brings mobile operator branded services to out-of-country customers, enabling communications with relatives back home, and increased usage on mobile networks worldwide.In February 2012, MoreMagic Solutions was acquired by Oberthur Technologies. The valuation of MoreMagic Solutions was undisclosed. Other terms of the deal were not released.