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Micromax partners TranServ for native mobile payments

  • Micromax has
    announced a strategic partnership with TranServ, a mobile payments company, for
    rolling out payment solutions targeted at “mobile-first consumers” in
    India.
  •  
  • The new partnership
    will allow Micromax to provide users of its handsets a native payments solution
    for financial and social transactions including sending or requesting money,

    • Micromax has
      announced a strategic partnership with TranServ, a mobile payments company, for
      rolling out payment solutions targeted at “mobile-first consumers” in
      India.
    •  
    • The new partnership
      will allow Micromax to provide users of its handsets a native payments solution
      for financial and social transactions including sending or requesting money,
      splitting bills, sending gifts to friends, and making payments through phone
      integrations.
    •  
    • The company said that
      the tie-up will see rollout of several digital financial solutions such as
      micro-loans and other personal financial services. TranServ has also partnered
      with banks to expand the financial services being offered.
    •  
    • There is a definite
      plan to provide Micromax consumers with a Visa card powered by a partner bank
      that will allow users to experience ubiquitous payments across online as well
      as offline merchant establishments, it said in a statement.
    •  
    • “Our vision is
      to enable users to enjoy a seamless and delightful experience across categories
      like Hospitality, Travel, Healthcare, Entertainment, Ecommerce or Payments
      where we populate the gaps to map their digital journey to their fulfilled
      world. The growth in mobile payments has a lot to do with the ease of payment
      and tight integration with popular services. And our partnership with TranServ
      will bring Indian consumers, the most convenient & easy way to mirror their
      life on the fast evolving internet and mobile ecosystem. We have a roadmap to
      provide integrated services and leverage the mobile as a platform to converge
      these services,” said Vikas Jain, Co-founder, Micromax Informatics.

     

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