Comviva launches mobiquity(R) Pay X, a next-generation payment digital wallet ap

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Comviva launches mobiquity(R) Pay X, a next-generation payment digital wallet app.

Comviva, the global leader in mobile solutions. Announcing the launch of mobiquity(R) Pay X, a digital wallet and payment platform, mobiquity(R) Pay X ranks among the world's largest digital financial services platforms. It powers more than 70 digital wallets and payment services for more than 130 million customers, and processes over 7 billion transactions worth $130 billion annually in more than 50 countries.

With its next-generation mobiquity(R) Pay X platform, Comviva is improving its digital financial solutions across side for better Both scalability, faster installation and time-to-market, easier management and user lifecycle experience. including increased security

This new platform is developed on a subservice-based architecture. With all independent and reusable components, mobiquity(R) Pay X enables Open API to integrate with external systems. and easily expanding financial ecosystem and to enhance the user experience The platform offers smoother and better quality mobile apps for consumers, agents, merchants and other business users, and also has a state-of-the-art User Management System (UMS). This allows back-end users to seamlessly manage the full lifecycle of customers, agents, merchants, and other business users. already set and real-time feedback It also allows to perform various tasks. quickly

The new platform also significantly increases security with an authentication module. and effective assignment of user access rights. It also offers all-round flexibility to conveniently adjust multiple PIN codes, ciphers, and access rules according to requirements. All active tasks and user logins across multiple devices. Then take corrective action to prevent scams.

Srinivas Nidugondi, Executive Vice President and Comviva's Chief Growth and Transformation Officer said at the launch of the platform: “Covid has significantly accelerated the expansion of digital financial services. And the entire financial ecosystem is growing at an all-time high. Customer demand and public health are driving the adoption of contactless payment systems. Our mobiquity(R) Pay X platform enables financial service providers to seamlessly expand their digital wallet and payment services. With this new platform, Comviva has completely automated the software delivery process. thus speeding up the time to market.”

mobiquity(R) Pay X has an Order and Payment System that allows consumers to see a complete list of transactions made with various payment instruments. It also provides comprehensive tracking information to view all payment transactions at every step of the way. It also allows users in the backend system to see the status of payment transactions. and look for failed or suspicious transactions to manage remediation, such as refunds, to complete the order-payment cycle.

This new mobile app has been developed using the best design methods. And it is full of features such as self registration, biometric login, profile input, multi-device payment. (Prepaid Wallet, Cards, Bank Accounts), Favorite Transactions, Multi-Currency Support, Currency Conversion, Real-Time Transaction Tracking, Referral Bonus Points, Location Stores/agents, dynamic QR codes, and more.

With enhanced monitoring and warning systems, mobiquity(R) Pay X integrates system usage data. and critical performance indication data at a glance This allows for a real-time overview of key operational variables through visual dashboards. It also has the ability to proactively manage incidents by pre-defining critical usage violation thresholds and system variables. with advance notification to manage correction

Comviva has the best end-to-end end-to-end technology in digital KYC and Personal Financial Management (PFM) to deliver superior value to its customers. By these integrated solutions giving consumers a better experience It also significantly reduces cost and time to market. Along with the launch of a digital wallet service, the platform also provides a document management system that gives backend users the flexibility to instantly recover KYC documents to be stored in a central repository for regulatory purposes and business

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