New Delhi, India – 09 September 2020: Comviva, a global leader in digital financial solution today announced that it has been certified by Visa as an Issuer Token Service Provider (I-TSP). Comviva was earlier certified as a Token Requestor Token Service Provider (TR-TSP) by Visa in June 2017. The Visa ITSP and TR-TSP certifications are for Comviva’s mobqiuity® platform that leverages Host Card Emulation (HCE) technology and Tokenisation to deliver swift, secure, frictionless and convenient contactless mobile payment to customers. HCE enables the customer to have a digital version of the credit or debit card in their mobile phone, and tap the mobile phone at payWave/payPass certified POS machines to make the payment. Tokenisation masks card details to ensure that payments are executed in a secure manner.

Certified for HCE and Tokenization based contactless mobile payment solution

Digital card payments like eCommerce payments, mobile tap and pay at merchant POS and in-app payments are growing rapidly and so is the need for better security of transactions. Tokenization services like Visa Token Service (VTS) make card transactions secure by replacing sensitive card details with a unique digital identifier called a token. The token allows payment to be processed without exposing actual card details.

Visa is accelerating the adoption of secure digital payments using Tokenization, by allowing approved third party partners called Token Service Providers (TSPs) to provide access to the Visa Token Service (VTS). TSPs are connected to VTS and help Token Requestors (TRs); which includes entities like digital wallets, digital payment apps, payments enablers and merchants to enable Tokenized payments. Comviva is a Visa certified TSP. There are two TSP types: Token Requestor TSP (TR-TSP) and Issuer TSP (ITSP). TR-TSP enables Token Requestors to develop digital payment solutions leveraging VTS. I-TSP provides solutions for financial institutions in participating token requestor’s digital payment services. Comviva’s mobqiuity® platform now offers both TR-TSP and I-TSP solutions certified for usage with VTS. Not just Visa VTS, Comviva’s mobiquity® is a multi-TSP (Token Service Provider) solution, readily integrated and certified for usage with Mastercard’s MDES solution also, and provides support for any other TSP, using a single proprietary SDK. Comviva is also in the process of providing support for other schemes like RuPay and American Express, to increase acceptability of the solution across more issuers and regions.

Expressing his delight at receiving the certification, Srinivas Nidugondi, EVP and COO, Mobile Financial Solutions at Comviva said “We are happy to complete all evaluation requirements of Visa Ready TSP program and achieve I-TSP certification. With both I-TSP and TR-TSP certifications, mobqiuity® can now offer issuing banks, financial institutions and third party digital wallet providers a full-scale, comprehensive contactless mobile payment solution leveraging HCE and Tokenization. We like to thank Visa for their support and providing us opportunity to be part of their TSP program.”

“With more people opting for hygienic and safe contactless mobile payment during the current pandemic, mobqiuity® enables issuing banks, financial institutions and third party digital wallet providers to meet needs of people by quickly launch contactless mobile tap and pay service on their existing mobile banking apps and digital wallets through quick and easy integrations with Comviva’s proprietary Software Development Kit (SDK). At the same time, mobiquity® will provide the flexibility to launch a standalone contactless mobile payment service, without too much hassle,” further added Srinivas.

Comviva’s mobiquity® HCE and Tokenization solution has been deployed by multiple banks and card issuers globally. SBI Card, one of the leading credit card issuers in India, has deployed mobiquity®’s HCE and Tokenization solution in October 2019 to offer contactless mobile payment service SBI Card Pay. The HCE and Tokenization based mobile tap and pay solution provided by Comviva is part of its mobiquity® Banking Suite. Comviva’s mobiquity® Banking Suite is a comprehensive digital banking and payments solution for banks and financial institutions, to not only build, manage and control the omnichannel experiences, but also continuously iterate and engage the consumers, through instant configuration capability, experience automation, personalization and experimentation engine. This empowers the bank to deliver a hyper-personalized experience, thereby enhancing the customer’s value, and, subsequently, profitably transition to the digital age. Comviva has recently been mentioned as a Representative Vendor in Gartner Market Guide for Digital Banking Multichannel Solutions.

Note: mobiquity® is registered trademark in India only


For further enquiries, please contact:

Sundeep Mehta
PR & Corporate Communications
Comviva Technologies Ltd.
Contact: +91- 124-481 9000



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