Trriple, a UAE-based fintech firm, has teamed up with Panamax Partners, a US-based financial solutions provider, to secure digital payments running on its recently-launched mobile wallet.

Panamax, the technology arm of Bankai Group, offers solution in business support system, network switching subsystem, mobile financial and payment solutions domains.

Its MobiFin solution is a mobile financial and digital payment platform that enables MNOs, MVNOs, banks and financial institutions to offer targeted and localised services.

Trriple CEO Paolo Gagliardi said: “Trriple’s partnership with Panamax Partners ensures that we have the world-class technology infrastructure to support secure, fast, and convenient digital payments and transactions, and further drive adoption of our recently-launched mWallet.”

This partnership, according to Panamax, will support advanced digital payment use cases with technologies such as near-field communication (NFC), host card emulation (HCE), and QR Codes.

According to Nimmök Consulting, the UAE market has 83% penetration of smartphones. It also has a sizable population of the under-served and un-served in terms of banking and financial services.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.