Mahindra and Kyrgyz sign Mobile Banking Deal
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Mahindra Comviva has announced that it has signed a mobile banking deal with Kyrgyz Investment Credit Bank (KICB) . With this, KICB becomes the first bank in the country to take an initiative in the mobile banking and payments space. The Bank is looking to partner with multiple remittance service providers to enable both inward and outward remittances in the region. As per the deal, Mahindra Comviva’s mobiquity mobile banking solution will empower KICB customers to conduct a range of financial and non-financial transactions such as domestic and international remittance, cash in-cash out at agent locations, airtime recharge (top-up), balance enquiry, bill and merchant payments, amongst others, thus allowing the Mobile Banking application to be leveraged as a complete self-service channel for various banking and payments related requirements. Srinivas Nidugondi, Head of Mobile Financial Solutions, Mahindra C...