NEW DELHI: Homegrown mobility solutions provider Mahindra Comviva has been positioned in the Gartner Market Guide for Digital Wallet Solutions for its mobiquity platform. The company has been recognized as a key Digital Wallet Solutions provider in the Gartner Market Guide and featured amongst the top 30 wallet service providers in the world.
The report is a culmination of an in-depth industry research undertaken by Gartner in key markets to identify the best digital wallet and payment solutions based on their performance and feedback from key IT leaders and industry experts. Gartner Market Guide for Digital Wallet Solutions is a leading source of information for the payments industry.
Commenting on this achievement, Srinivas Nidugondi, Senior VP and Head of Mobile Financial Solutions, Mahindra Comviva, said, “We believe our position as a key player in Gartner Market Guide for Digital Wallet Solutions underscores the technology capabilities that Mahindra Comviva’s mobiquity platform brings to businesses across verticals by simplifying business and operational complexities and by providing flexible mobile financial solutions with simple interfaces. With our steady focus on R&D and innovation, we are poised to deliver mobile payment solutions that cater to the diverse market needs and provide flexibility, security, and responsiveness to different stakeholders in the system.”
“Governments across the world are accelerating their effort to achieve the vision of a less-cash economy. The recent demonetization initiative taken by the Indian government will pave the way for digital payments industry boosting the adoption of digital wallets. Mahindra Comviva’s mobiquity platform helps to promote a less-cash economy by making simple, seamless and faster digital payments & transactions a reality,” he further added.