[March 30, 2015] |
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TimesofMoney Announces Launch of 'Movit'
TimesofMoney, the global digital payments specialist, recently launched
its suite of comprehensive Mobile Money solutions Movit aimed at
catering to the burgeoning mobile payments market.
The new-age Movit platform caters to various verticals and businesses
including banks, telecom companies, government utilities and retail
stores by creating a host of services that aid financial inclusion.
These include mobile commerce, agency banking, peer-to-peer remittances,
etc. It is device agnostic and can be customized to both smart phones as
well as feature phones.
The company's expertise on global compliance and AML (anti-money
laundering) best practices makes the job easier for any business
aspiring to succeed using mobile payments. Simply, Movit offers security
and safety in transactions with ample convenience and freedom to
transact anywhere, anytime. With few players in the industry who offer a
bundled service for mobile money utility, Movit makes for a copelling
proposition.
Talking about Movit, Avijit Nanda, Chief Executive Officer,
TimesofMoney, says, "TimesofMoney has several success stories to its
credit. We have engaged with international clients for Movit and in fact
are in the process of deploying it in Africa currently. Since Movit's
primary delivery channel is the mobile phone, it gives a huge thrust to
the financial inclusion agenda of governments in emerging economies of
India, Asia & Africa where there is an ever-increasing mobile
penetration."
"In India, the potential of the ubiquitous mobile phone is yet to be
harnessed. Movit was born out of our global expertise in powering
digital payments and our desire to leverage the platform. Many emerging
economies and businesses are poised for growth in mobile money solutions
and we have just the right proposition to drive this growth," he added.
Recent studies indicate a surging global market for mobile-based
payments that is set to grow exponentially in the next couple of years.
There is a pressing need for businesses to make sure they have the
ability to service this consumer need. Simultaneously, both the
regulators as well as the other aspects of the ecosystem, including
service providers, beneficiaries and users, are converging. To cater to
this, Movit offers a completely customizable platform to equip
businesses to facilitate mobile payments in different forms.
For more on Movit, please visit: http://www.timesofmoney.com/TOM/movit.html
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