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Mahindra Comviva in mobile banking pact with Kyrgyz Investment Credit Bank
TT Correspondent |  |  28 Mar 2013

Mahindra Comviva, the leading provider of  mobile financial and VAS solutions, has entered into a partnership with Kyrgyz Investment Credit Bank (KICB), a leading commercial bank in Kyrgyzstan under which it will provide its mobiquity mobile banking solution to the latter.

The deal will help KICB customers to conduct a range of financial and non-financial transactions such as domestic and international remittance, cash in-cash out at agent locations, airtime recharge (top-up), balance enquiry, bill and merchant payments amongst others.

This will allow Mobile Banking application to be leveraged as a complete self-service channel for various banking and payments related requirements.

SSrinivas Nidugondi, Head of Mobile Financial Solutions at Mahindra Comviva said, “Our solution will allow bank to offer an intuitive and superior user experience to its customers so that they can conduct a range of financial and non-financial transactions on the go.”

Kwang-Young Choi, CEO, Kyrgyz Investment Credit Bank said, “The solution will further enhance convenience for our existing and future customers by providing them with an additional, convenient touch-point to access banking services. "

Mahindra Comviva’s said that mobiquity has over 60 deployments across 38 markets serving over 500 million mobile users globally.

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28 Mar 2013(IST)  
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