Business

Comviva launches new service


Published : 07 Oct 2021 09:18 PM | Updated : 09 Oct 2021 09:06 PM

Comviva, a global digital financial solutions, has announced on Wednesday the launch of mobiquity® Pay X, its next generation digital wallet and payment platform in Bangladesh market

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. 

This comes as a strategic decision by the company which is aggressively expanding its market share in the digital payments space in Bangladesh. 

With partnership agreements signed with leading Banks and Wallet Operators in SAARC region, Comviva is poised for market expansion and launching new service offerings to cater to the customer needs in countries like Bangladesh, India, Sri Lanka and Nepal. With its 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.

Speaking on the launch 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.”

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