Comviva announced the launch of mobiquity® Pay X, its next generation digital wallet and payment platform in Bangladesh market Tuesday.
Mobiquity® Pay is amongst the world’s largest digital financial services platforms, powering over 70 digital wallets and payment services for 130+ million consumers and processing over 7 billion transactions exceeding USD 130 billion annually in more than 50 countries, a press release aid.
With next generation mobiquity® Pay X platform, Comviva has enhanced all aspects of digital financial solution, including scalability, faster deployment and time to market, simpler user lifecycle management & experience and enhanced security.
Md Arifuzzaman, Country Manager for Bangladesh at Comviva, said, “Bangladesh continues to be the mainstay of our business as we have a comprehensive understanding of the land in terms of the telecom and financial ecosystem. We are excited about our expansion in digital payments market in Bangladesh and looking ahead to work with some of the leading financial services providers in enabling contactless payments, scaling aid payments both domestic and international and helping them in their journey for the next phase of growth in providing financial inclusion.”
VivekAgrawal, Global Head – Enterprise Business at Comviva, said, “COVID has significantly accelerated the growth of digital financial services and the entire financial ecosystem is growing at its fastest pace ever. Customer demand and public health priorities are pushing contactless payment adoption in Bangladesh and our mobiquity® Pay X platform shall help financial service providers scale their digital wallet and payment services faster and seamlessly. With this new platform, Comviva has completely automated the software delivery process accelerating time to market.”
