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March 31, 2015updated 04 Apr 2017 4:03pm

TimesofMoney rolls out new platform for mobile payments

TimesofMoney, an Indian digital payment service provider, has rolled out a new suite of comprehensive mobile money solutions, Movit, designed to target the growing mobile payments market.

By Verdict Staff

TimesofMoney, an Indian digital payment service provider, has rolled out a new suite of comprehensive mobile money solutions, Movit, designed to target the growing mobile payments market.

The new platform provides security and safety in transactions with convenience and freedom to transact anywhere, anytime, the company claims.

Movit aims to serve businesses, including banks, telecom companies, government utilities and retail stores by creating a range of services that support financial inclusion such as mobile commerce, agency banking and peer-to-peer remittance.

In addition, the new-age Movit platform also provides a completely customizable platform that allows businesses to facilitate mobile payments in various forms.

The device agnostic platform can be customized to both smart phones as well as feature phones.

TimesofMoney CEO Avijit Nanda said: "We have engaged with international clients for Movit and in fact are in the process of deploying it in Africa currently.

"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."

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