Tech mahindra
Tech mahindra

Emerging Payments

Our mobiquity® Money is a highly robust, secure, scalable and feature rich mobile financial solutions platform that embraces mobile phone as a digital container for holding money and payment instruments – enabling services providers across financial, telecom and retail industry, to cater to the diverse financial needs of various consumer segments. The platform delivers a range of financial and payment services such as mobile money, branchless banking, mobile banking, mobile payments and point of sale solutions for proximity payments, supporting various handset bearers including client app, QR codes, NFC, USSD and STK.

mobiquity® Money and branchless banking solution is an award-winning, mobile financial services platform that empowers operators and financial service providers to cater to the diverse financial needs of both banked and unbanked segments. The mobiquity® Money i.e. mobile money solution enables operators to empower banked and unbanked consumers with a mobile stored value account for conducting various financial transactions like P2P transfer, remittances and merchant payments including utility and bill payments – quickly and securely from their mobile.  With the branchless banking solution, banks and financial institutions can seamlessly offer last-mile banking services in a cost-effective manner to the unbanked and under banked segments by enabling consumers to easily access banking services through agents rather than bank branches.

Tech Mahindra provides end to end services in terms of hosting, implementation, support and maintenance of the Mobile Money Platform not just for Banks but also Telcos.

mobiquity® Wallet from Mahindra Comviva is a secure, easy to use and feature-rich digital wallet. To the consumer, it offers a personalised experience, value-added services and multiple payment methods in their purchase journey. To the wallet provider and their partners, it offers a robust and flexible platform combining innovations in payments with attention to human factor, behaviour-centred experience design and cutting edge digital technology. It aims to deliver a connected experience to the consumer and is designed to support a large and complex ecosystem

Features Include:

  • In-store retail purchase: Payment at Point of sale through
    • NFC (PayPass & PayWave compliant)
    • QR code
  • Remote payments
    • In app checkout / Mobile checkout / Web checkout (MasterPass compliant)
    • Virtual stores
    • Bill payments using QR code (NACHA compliant)
    • Smart Transfers (Person-to-person Payment)
  • Value Added Services
    • Loyalty management (optional NFC support; location-aware promotions)
    • Coupon delivery and redemption
    • In-store navigation
    • Social network reviews, feedback
    • Store/Branch/ATM locator
    • Wallet content share
    • Expense analyser
    • Wish-list

Tech Mahindra provides Implementation and Program Management services for not just the Banks but also other FIs  like MTOs and Institutions from other sectors like Hospitality, Retail & CPG and Travel.

mobiquity® payPLUS is an integrated payment solution that enables businesses, including small & medium businesses and service professionals, to utilize their mobile phone as a Point-of-Sale (POS) device and drive transaction volumes by letting consumers use card based payment instruments. Replete with a range of payment related services, mobiquity® payPLUS works as a one-stop-shop for all requirements of businesses

  • mobiquity® payPLUS solution not only equips businesses with an app and a mini card reader to accept secure card payments but also harnesses the power of cloud technology to extend a range of compelling services to support evolving business requirements.
  • With built-in cash register capabilities that can be customized as per the business needs, mobiquity® payPLUS solution fulfils the need for a quick & reliable user interface that supports and simplifies POS, billing and reconciliation related activities.
  • mobiquity® payPLUS solution also enables businesses to leverage location based services, to deliver promotional campaigns with offers and discounts, to consumers, based on their location / proximity from the business store.

Tech Mahindra is uniquely position to provide “End-to-End Cloud Payments Solution” leveraging the combined strength of its two business subsidiaries Comviva (Product) and Enterprise Mobility (Integration Services). The end-to-end Cloud Payments offerings include Cloud Payment HCE/Module, Tokenization and Mobile Application Module. Tech Mahindra’s expertise in Mobile Cloud Payments, out of the box solutions and Integration expertise can help Bank Issuers bring enhanced digital experience to their customers in short time span. Key offerings include

Tech Mahindra Key Solution & Service Offerings:

  • Out of the Box HCE/ Tokenization Solution
  • Cloud Payment & HCE Integration Services
  • Cloud Payment & HCE Testing and Validation Services
  • Bank/Issuer integration into Apple Pay Wallet - In partnership with MasterCard
  • MasterCard & Visa Cloud Payment Certified- White Labelled Wallet Solution

Loyalty Management has now become a critical part of the Retail Payments business with it being a key element of Customer Acquisition and Retention.

Our Loyalty and Offer solutions target Customer retention, cross selling and penetration into customer segments with strong Analytics and Monetization focus driving Profitability, Growth and Cost Efficiency.

Our solutions include Platforms that can work for Issuer funded; Merchant funded or mixed funded Offers with Parameterized Program design capabilities covering white labelling, partnerships and coalitions.

  • Multi-Channel capabilities – Performance by Channel
  • Merchant Analytics – Segmentation, Net worth, Charge back %, Fraud Category
  • Consumer Buying Behaviour – Predictions & Consumer
  • Customer Acquisition & Churn Prediction Analytics
  • Specific Campaign Analytics
  • Actionable Analytics to influence buying behaviour and stickiness


Cost of ownership on Data Management

Cost of ownership on Data Management

Case Studies

For further information please write to

For further information please write to