Category: m-BUSINESS & COMMERCE
Original title: mobiquity mMoney
Producer: Product Team
Location: Bangalore, INDIA
Platform: Application Based
The mobiquity platform embraces the mobile phone as a convenient, cash-free, and card-free payment and transaction medium, delivering a range of financial and payment applications. Designed to make everyday tasks easier to perform for banked subscribers, mobiquity extends formal financial services to the unbanked community. mobiquity mMoney transforms the mobile into a convenient cashfree and card-free payment and transaction medium, enabling storage and transfer of money to and from a secure, stored value mMoney account, resident on the phone or the server. mobiquity applications include: Mobile Money which transforms the mobile handset into a mobile wallet, enabling transfers of money and airtime; Mobile Banking which provides the convenience of banking services over the mobile to the banked community, with a view to extend banking to the unbanked; Mobile Payments that empowers users to complete payments for third party service providers and; Borderless Recharge Hub that enables cross border prepaid recharge and transfer of airtime. Comviva manages services end-to-end, ensuring security, flexibility, and ease of use.