Comviva 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.
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.”
mobiquity Money is a 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.
Anil Krishnan, Head of Africa Region at Comviva said, “We are very happy at receiving the Digital Impact Award as it validates 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.