New Delhi, India – 22 January 2019: Comviva, the global leader in mobility solutions, today announced that its payPLUS Unified Payment Acceptance solution has won the ‘Best Digital Payment Processor’ Award at the 9th India Digital Awards. The award, hosted by Internet and Mobile Association of India (IAMAI), was presented on the sidelines of 13th India Digital Summit in New Delhi on 18th January 2019.
payPLUS Unified Payment Acceptance solution is a white-label platform that aims to simplify the life of merchants and merchant acquirers at a time of increasing complexity in the digital payments world. For merchants, payPLUS provides a single application for accepting multiple digital payments instruments such as cards, digital wallets, QR Code based payments, Unified Payments Interface (UPI) and Biometric payments like Aadhaar Pay across channels such as in-store, app & web. With a single application for multiple payment instruments, merchant needs to remember just one username and password. More importantly, payPLUS simplifies reporting and reconciliation. Merchant gets a single dashboard view of his sales through all digital channels allowing him to take quick and informed business decisions.
For merchant acquirers and banks, payPLUS provides a unified merchant & transaction management portal on the back end simplifying operations. payPLUS provides self on-boarding functionality, which significantly lowers the on-boarding cost and allows the merchant to start accepting payments by just downloading the app. payPLUS has been commercially deployed by one of the leading 4G mobile operator in India for their merchant app.
Speaking on the win, Srinivas Nidugondi, Chief Operating Officer, Mobile Financial Solutions, Comviva said “We are delighted to receive the India Digital Award. We introduced the payPLUS Unified Payment Acceptance platform to make it easier for the merchants to manage multiple digital payment services and with the belief that technology should make things simpler not more complicated. The solution is getting good traction in the market as it unifies multiple digital payment instruments into single app and brings benefits to both the merchants as well as their acquirers. This win validates that payPLUS is a well thought through and appropriate solution for today’s digital payment market.”
IAMAI India Digital Awards recognizes and rewards organizations, teams and practitioners who have surpassed landmarks and delivered successful business outcomes using digital as a medium.
Comviva Technologies Ltd.
Comviva is the global leader of mobility solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $21 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services and managed VAS services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries and enrich the lives of over two billion people to deliver a better future.
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