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Mahindra Comviva's mobiquity® Money receives two nominations

Escrito por Redacción TNI el 13/02/2018 a las 10:47:11

 Mahindra Comviva, the global leader in providing mobility solutions, received nomination in two categories at the prestigious Global Mobile Awards 2018. The nominations were received in the categories “Best Mobile Innovation for Payment” and “Best Mobile Innovation for Women in Emerging Markets”. The winners will be announced at the GSMA Mobile World Congress scheduled for February 26 - March 1 in Barcelona.      


The nomination in the “Best Mobile Innovation for Payment” was received for Airtel Money Tanzania, powered by Comviva’s mobiquity® Money. Launched in 2009, Airtel Money in Tanzania has gone beyond simple P2P transfers, recharges, and bill payments and is now an ecosystem enabler for micro loans, transit payments, merchant payments, crop insurance, cross border payments, savings groups, helping Tanzania move from a cash heavy society to a digitally inclusive society.


The nomination in the “Best Mobile Innovation for Women in Emerging Markets” was given for EcoCash Savings Club powered by mobiquity® Money. Launched in May 2015, EcoCash Saving Club digitizes informal savings club in Zimbabwe, called “Mukando” or “Maround, providing inclusive, secure, transparent and convenient platform for Zimbabwean women to pool their money and use it for emergencies.


"The GLOMOs offer organisations and individuals from across the world an opportunity to showcase how mobile technology continues to inspire new levels of ingenuity, innovation and achievement,” said Michael O’Hara, Chief Marketing Officer, GSMA. “As always, the calibre of entries is extremely high, so to be shortlisted for the GLOMOs today is quite an achievement in itself. We wish the very best of luck to all nominees and look forward to unveiling the winners at Mobile World Congress next month.”


Manoranjan Mohapatra, CEO, Mahindra Comviva said, “We are very happy at receiving the nominations at the prestigious GLOMO Awards 2018 as it validate our ability to innovate and rise to the occasion in challenging conditions in any part of the world. We believe that the intersection of business and technology opens new opportunities for digital transformation, while doing social good. We are very pleased that our mobiquity® Money is leading the way in digitizing societies and impacting lives of millions.” 


mobiquity® Money delivers a host of mobile money services that transforms the way consumers save, borrow, transfer and spend money. It 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. mobiquity® Money has clocked over 60 deployments in more than 45 countries. It powers three of the top 10 deployments globally and processes more than 3 billion transactions every year amounting to over $60 billion annually.