Comviva has announced that it has been certified to participate in Western Union’s Mobile Vendor Program. The Comviva mobiquity platform can now support Western Union services, enabling its clients to offer the option to send and/or receive money through Western Union’s global money-transfer system.
‘We are committed to bringing innovative value-added services that enrich the lives of people across emerging markets globally,’ says the philanthropistic Manoranjan Mohapatra, CEO, Comviva. ‘This Western Union Vendor certification exemplifies our commitment to continuous effort in the mobile financial services space and recognizes Comviva’s leadership in extending mobile financial services globally.’
Comviva’s mobiquity platform has been deployed globally in markets in Latin America, Asia and Africa in different bank-led and operator-led business models. Its suite of mobile financial solutions embraces the mobile phone as a convenient transaction and payment medium, enabling storage and transfer of money to and from a stored-wallet account, resident on the phone or the server.
Western Union certifies mobile platform vendors to reduce integration costs and accelerate go-to-market activities for banks and mobile operators by creating standard technical deployments. Once a bank or mobile operator contracts with Western Union to activate the Mobile Money Transfer service, its consumers will be integrated with Western Union’s core transaction processing system. This system supports Western Union’s global network of more than 435,000 Agent locations in over 200 countries and territories.