Comviva enters Partnership Program
2012-02-23Comviva has entered a strategic partnership with MasterCard to launch a first-of-its-kind open loop Mobile Money Partnership Program.
Manoranjan Mohapatra, CEO, Comviva said, "Our dominance in emerging markets makes us as an unequivocal partner of choice for MasterCard to cater to under banked segments with intuitive financial services. With mobile financial services turning into a key business strategy for banks and telecom vendors, this program will also give the right impetus to financial and social inclusion."
Mung Ki Woo, Group Executive, Mobile, MasterCard Worldwide said, "With about five billion mobile phone users worldwide, this partnership program provides powerful, smart and convenient new payment options to people through a device that's already in the palm of their hands today. To ensure success of this program, MasterCard has partnered with the leading players in the mobile money ecosystem. Comviva was a key partner of choice to empower billions of underserved segments in the developing market."
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