Comviva Wins Digital Impact Awards Africa 2018 for mobiquity® platform

October 11, 2018         By: Payment Week

Nairobi, Kenya – 11 October 2018 – Comviva the global leader in providing mobility solutions, has won the Digital Impact Awards Africa 2018 in the “Best Digital Financial Service Platform” category for its mobiquity® platform. The awards were presented recently at a glittering award ceremony at the Kampala Serena Hotel in Uganda. This is Comviva’s third consecutive Digital Impact Award. The other companies nominated for the award included Ericsson, Huawei, OboPay, Tagpay and Telepin.

mobiquity® Money is world’s leading mobile money platform with  over 60 deployments in more than 45 countries. It provides digital financial services to over 100 million consumers, processes more than 5.5 billion transactions amounting to over $110 billion annually. It delivers a host of mobile money services that transforms the way consumers save, borrow, transfer and spend money. It facilitates plethora of features and services, including domestic and international remittances, bill payments, person-to-government payments, NFC merchant payments, QR Code based payments, companion cards, savings, savings club, micro-loans, bulk payments and many more.

Speaking on the occasion, Srinivas Nidugondi, Senior VP and Head, Mobile Financial Solutions at Comviva said, “We are in a time of profound transformation, where digital technology is changing the face of money. We are proud to be instrumental in accelerating the digital payments growth across the globe by providing mobile money services to millions of people through the mobiquity® platform.”

 

Anil Krishnan, Head of Africa Region at Comviva said, “We are very happy at receiving the Digital Impact Award as it validate our ability to innovate and rise to the occasion in challenging conditions in any part of the world. We are very pleased that our mobiquity® Money is leading the way in digitizing societies and impacting lives of millions across Africa.”

Organized by HiPipo, Digital Impact Awards Africa is aimed at recognizing and rewarding individuals and organizations across Africa that is spearheading the use of digital tools to not only enhance financial and digital inclusion but also lead to continental economic transformation. This year’s award theme was #IncludeEveryone and saw over 100 entries from various organizations.

mobiquity® Money is designed to seamlessly integrate consumer touch points with a wide ecosystem of banks, billers, merchants and third-party payment systems, creating a convergence powered by interoperability. Apart from delivering convenience to consumers, the solution enables financial service providers to acquire new customers, create long-term loyalty with existing ones, and seize new revenue opportunities to increase their footprint in the market. mobiquity® Money empowers financial service providers to be agile in their markets, with complete focus on the customers.

–          Note: mobiquity® is registered trademark in India only.


About Comviva Technologies Limited

Comviva is the global leader of mobility solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $20.7 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services and managed VAS services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries and enrich the lives of over two billion people to deliver a better future. For more information, please visit www.mahindracomviva.com