RELEASE: Comviva revealed as market leader for digital wallet platforms by Juniper Research

(Information sent by the signatory company).

RELEASE: Comviva revealed as market leader for digital wallet platforms by Juniper Research

(Information sent by the signatory company)

NEW DELHI, Dec. 1, 2023 /PRNewswire/ -- Comviva, the global leader in customer experience and data monetization solutions, today announced that its mobiquity® Pay solution has been positioned as the market leader in the latest Juniper Research Competitor Leaderboard for Digital Wallets. Comviva has been ranked highest in terms of Capacity and is among the top three established leaders worldwide. This recognition emphasizes Comviva's unwavering commitment to diverse consumer-facing digital payment solutions.

Comviva has also been awarded Gold in the 'Best Digital Wallet Platform' category at the Juniper Research Future Digital Awards 2023 for Fintech and Payments.

The Digital Wallets report offers an independent analysis of the current landscape in the electronic wallets market, providing insights into the opportunities and challenges it presents. The report evaluated 15 digital wallet platform providers based on a variety of criteria, spanning product excellence, market positioning, capability and competencies.

Speaking on the occasion, Srinivas Nidugondi, Executive Vice President and Chief Operating Officer, FinTech Solutions, Comviva, said: "We are immensely proud to be recognized as an established leader for our mobiquity® Pay platform. This recognition underlines our unwavering dedication to innovation, excellence and our relentless pursuit to deliver cutting-edge solutions within the digital payments industry. Our journey to redefine digital payments and empower businesses and consumers globally continues with great enthusiasm."

Nick Maynard, vice president of Fintech Market Research at Juniper Research, commented, "Comviva has positioned itself as an established leader, having both the capacity to offer a comprehensive digital wallet platform and the quality of the solution to achieve customers' objectives. Its compatibility with different payment types, its extensive portfolio of implementations to date and its innovation in this area have been particularly praised."

Comviva's Mobiquity® Pay is a scalable, feature-packed digital wallet platform. It serves consumers, merchants, businesses and banks, and encourages the use of its capabilities by telecommunications companies and fintechs. The platform offers a wide range of functionalities, ranging from digital integration to bill payments and business transactions. It is a broad solution that streamlines various payment instruments within a unified platform, ensuring accessibility to a broad demographic of users, from the unbanked to Millennials and Generation Z.

Contact Sundeep Mehta, 91 9910030732, sundeep.mehta@comviva.com

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