Mahindra Comviva and Econet Wireless Win CashlessAfrica Awards 2017

Mahindra Comviva and Econet Wireless Win CashlessAfrica Awards 2017
29.03.2017 08:15 am

Mahindra Comviva and Econet Wireless Win CashlessAfrica Awards 2017

Infrastructure

Mahindra Comviva, the global leader in mobility solution and Econet Wireless, the largest mobile operator in Zimbabwe, have jointly won the CashlessAfrica Awards 2017 in the “Best Low Remittance Provider” Category. The award ceremony took place in Lagos, Nigeria, at the Cashless Africa Expo on March 23.

EcoCash Diaspora provides ordinary Zimbabweans with a robust and safe platform for remitting money. EcoCash Diaspora is powered by Mahindra Comviva’s mobiquity® Money platform. The money received in EcoCash wallet can be used for digital payments or cashing-out at any of the EcoCash agents in Zimbabwe. Econet Wireless has also partnered with MTN Zambia to provide direct mobile wallet to mobile wallet money transfer between MTN Mobile Money wallet and EcoCash wallet.

Commenting on the achievement, Anil Krishnan, Vice President and Head of Africa Region said, "We are honored to win this award. This recognition confirms Mahindra Comviva’s position as the leading innovators in the mobile money space and Econet Wireless as the right partner for our continued growth in Africa.”

“We are truly honored to receive this award, which recognizes our technology leadership in mobility and digital payments as well as our continuous effort to innovate and make an impact EcoCash towards the overall betterment of the society.” said Srinivas Nidugondi, SVP Mobile Financial Solutions, Mahindra Comviva. “Moreover, the win is a testament of our hard work and leadership in the digital payments space and will motivate us to do even better work in the future.”     

The CashlessAfrica awards honor organizations that have made significant contributions to the digital financial services sector and are poised to make considerable market impact in the future. The Awards are dedicated to acknowledging creativity, commitment and excellence in the digital financial services across Africa.

Mahindra Comviva is the global leader in the mobile financial space. Its mobiquity® Money platform has clocked over 65 deployments in more than 45 countries processing 200 million transactions valuing $4 billion per month. mobiquity® Money delivers a host of mobile commerce 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 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.

Related News

LzLabs and T-Systems Team Up to Drive Mainframe Transformation

LzLabs today announced an Agreement with T-Systems, one of the world-leading cross-manufacturer digital service providers,... Read more »

Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest... Read more »

Sopra’s Financing Platform Helping Fuel Hyundai Capital America’s Expansion

Sopra Banking Software announces the go-live of its Cassiopae leasing and lending software at Hyundai Capital America (HCA). Cassiopae, part of the Sopra Financing Platform, is... Read more »

ZagTrader Boosting Startups globally with its New Program - ZagStartUp

ZagTrader has announced today the launch of its new program ZagStartUp to provide a boost to the startup ecosystem in the financial market sector. ... Read more »

Exactpro awarded Innovation accolade for Blockchain project with R3

Exactpro, a leading software testing provider for financial market infrastructures, is pleased to announce the receipt of QA Financial’s “Automation Technology Project of the... Read more »

4 reasons why you shouldn't miss Khaleej Times Remote Workforce Summit 2020

This virtual event aims to bridge the gap between office workstation and your own remote work zone.

Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel