The Mobile Wallet (TMW) is India’s first complete payment solution that strives to make it easy and possible for its users to complete their daily transactions without having to reach for their physical wallets. In a move to boost its functionality and usability for its users to pay on the go and allow businesses to accept payments digitally it has collaborated with MatchMove, a Singapore-based fintech firm. The collaboration will witness TMW integrate MatchMove’s award-winning Wallet OS into the TMW app.
Consistently recognized internationally for its outstanding innovation, MatchMove provides innovative, end-to-end enterprise payment solutions to help startups and large enterprises increase revenue and boost user engagement through its patented technologies. Its cloud-based MatchMove Wallet OS enables firms to easily offer their customers a fully branded, secure mobile wallet solution that includes P2P transfer, Remittance, Top Up channels, Virtual Payment Cards amongst many other features. Shailesh Naik, CEO, MatchMove, commented,
We are delighted to have TMW choose us as its preferred Wallet OS provider. This partnership will further reinforce our commitment in providing companies the best solutions.
He further added, the ease of integration, scalability, and security which their APIs have is a key advantage for companies such as TMW to take full advantage of. This partnership will further expand their footprints in the Indian market as they continue to expand.
TMW has also partnered with select alliance partners and major service providers in India allowing their users to pay for mobile prepaid recharges, utility and gas bills, online shopping and much more. It started off with a close-looped function that limits its users to shop within their list of merchants. This partnership provides a wider selection of merchants available on the Mastercard network and users will also be entitled to a physical Mastercard for offline payments. Vinay Kalantri, Founder and Managing Director, The Mobile Wallet said,
Our decision to work with MatchMove is a strategic one. Not only does it enhance our app’s offerings, but also allow us to take that next step to becoming a leader in the digital payments segment in India and open new inroads to the Southeast Asian market.
Headquartered in Singapore, MatchMove Pay has offices in Vietnam, Indonesia, Thailand, India, The Philippines and the USA and has recently been awarded as Most Promising Solution Provider – Banking and Software by APAC CIO Outlook and, Most Innovative Financial Technology Provider in Singapore by Global Business Awards.