Mahindra Comviva and Airtel Tanzania awarded GTB Innovation Award for “Tap Tap” NFC Merchant Payments
Dar es Salaam, Tanzania – June 06, 2016: Mahindra Comviva, a leader in providing mobility solutions, and Airtel Tanzania announced that they have jointly won the Global Telecom Business (GTB) Innovation Award for Airtel Money “Tap Tap” NFC payments in the "customer service" category. The awards were presented recently at the GTB Telecoms Innovation & Technology Summit 2016 at the Sheraton Park Lane in London.
Mahindra Comviva, along with Airtel, received the award for their joint innovation in the field of Mobile NFC merchant payments. Airtel Money “Tap Tap” NFC Payments, powered by Mahindra Comviva’s mobiquity® Money and Nearex Technologies Xip solution, facilitates fast and seamless payments at merchant POS and also addresses key customer and merchant related adoption challenges. Airtel Money “Tap Tap” NFC Payments is the first-of-its-kind closed-loop NFC payments service that brings a paradigm shift in mobile money-based merchant payments, which so far, were only performed using USSD and SMS. By transitioning everyday merchant payments to digital medium, Airtel Money is helping Tanzania move to a cashless economy.
Source: Company Press Release