Comviva,Banglalink to launch mWallet service

Comviva’s mobiquity platform leverages the mobile channel to create a flexible,far-reaching financial services delivery network,cost effectively. It embraces the mobile phone as a convenient,cash-free and card-free payment and transaction medium,enabling storage and transfer of money to and from a secure,stored wallet account,resident on the phone or the server. With mobiquity,mobile users can quickly,easily and securely access a range of financial payment services,

Announcing the partnership,Manoranjan Mohapatra,CEO,Comviva,said,“We are committed to bringing innovative value added services that enrich the lives of people across emerging markets worldwide. The provision of mobile financial services is a key focus area for us and our award winning mobiquity solution is now serving previously unbanked customers across the globe. We are particularly excited by our partnership with Banglalink,as we see significant opportunity to improve the livelihoods of financially underserved segments in Bangladesh with easy-to-use and affordable financial payment services.”