Awarded in the category “Best Consumer Mobile Service” for mTicketing services to Bangladesh Railways

New Delhi, India, February 28, 2013 – Mahindra Comviva, the global leader in providing mobile financial and VAS solutions, today announced that it has won the GSMA Global Mobile Awards for its mobiquity® mTicketing platform. Deployed in collaboration with the leading operators in Bangladesh and the Bangladesh Railways, the service allows customers to purchase train tickets using their mobile devices. The Global Mobile Awards were presented on Tuesday 26th February 2013 at the award ceremony held at the Mobile World Congress in Barcelona.

Bangladesh Railways is the largest provider of mass transit services in Bangladesh, serving 65 million passengers annually. Mahindra Comviva’s mobiquity® mTicketing service enables Bangladesh Railways to digitize ticketing transactions, extending greater convenience to consumers whilst improving sales efficiency. Deployed in partnership with leading operators in Bangladesh, the service allows customers to purchase tickets using a prepaid mobile wallet or over-the-counter at an authorized outlet. Currently tickets can be purchased at 3,500 issuance points, – a third located outside urban centers.

Manoranjan Mohapatra, Chief Executive Officer, Mahindra Comviva, said “We are delighted at winning the MWC awards, widely known as the ‘Oscars’ of the telecom industry. The award is a recognition of Mahindra Comviva’s product leadership in the mobile financial services space and our continual efforts to innovate and bring the best of digital life to consumers.”

“Through these awards, we are proud to shine the light on the mobile industry’s many innovators and leaders, from all corners of the world. This year’s new categories reflected the industry’s reach into many new sectors and we received more than 600 high-quality entries from across the mobile ecosystem. We would like to congratulate all Global Mobile Awards winners and thank the many hundreds of companies and organisations that support these awards by entering each year,” said John Hoffman, CEO, GSMA Ltd.

Judges’comments

“Understanding the “unbanked” consumer enabled the delivery of a real game changing mobile solution. This is a great example of a service that maintains the ability to support legacy infrastructure whilst providing a bridge to the ‘cashless’ future”

Mahindra Comviva’s mobiquity® MFS platform offers a range of remote and proximity transaction services such as ticketing, bill payments, domestic and international remittances, micro-insurance and merchant payments over multiple channels – App, NFC, USSD and IVR . Currently mobiquity® has been deployed by over 60 financial service providers in 40 countries and serves over 500 million mobile users globally.

Mahindra Comviva is present at GSMA Mobile World Congress 2013, Barcelona at Hall 5, Stand 5F50.

About Mahindra Comviva

Mahindra Comviva is the global leader in providing mobile financial and VAS solutions. It’s a subsidiary of Tech Mahindra and a part of the USD 15.9 billion Mahindra Group. With an extensive portfolio of solutions spanning mobile finance, content, infotainment, messaging, mobile data and managed VAS services, Mahindra Comviva enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Its solutions are deployed by over 130 mobile service providers and financial institutions in over 90 countries and enrich the lives of over a billion people, globally. For more information, please visit http://www.mahindracomviva.com/olddata

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Media Contacts

Sundeep Mehta
Global PR & Corporate Communications
Mahindra Comviva
T: + 91 124 481 9000
pr@mahindracomviva.com