Digitally viable payments
Mahindra Comviva offers a one-stop solution to all of your financial transactions
Mahindra Comviva’s comprehensive portfolio of digital financial solutions for banks and telecom operators is changing the digital payments landscape in Middle East, says Srinivas Nidugondi, Head and SVP, Mobile Financial Services, Mahindra Comviva.
Mahindra Comviva is a global leader in digital financial and prepaid domain, with over 130 deployments in 55-plus countries, servicing over one billion customers. In Middle East, through its flagship mobiquity platform, Comviva is enabling over 10 banks and telecom operators to provide mobile wallets to their consumers facilitating digital payments. Features like digital self-registration; login using facial ID; transactions using mobile number, NFC Tap & Pay and Dynamic QR Codes; and integrated marketing and promotions is revolutionising the way consumers make payments. Comviva also offers Digital Banking Experience Platform (DBXP) allowing banks to not only build, manage and control the omni-channel experiences, but also continuously iterate and engage the consumers, through instant configuration capability, marketing automation and personalisation and experimentation engine. This empowers the bank to deliver a hyper-personalised experience, thereby enhancing the customer’s value, and, subsequently, profitably transition to the digital age. On acquiring side, payPLUS empowers bank’s or acquirer’s merchant partners with a unified payment acceptance platform that enables acceptance of multiple payment instrument such as Cards, Digital Wallets and QR Code based payments across channels such as In-Store, App and Web thereby significantly reducing barriers to adoption of new technologies. For online payments, payPLUS Smart Payment Gateway offers smart routing based on multiple parameters, maximising conversion ratio.