CentrumDirect Partners with MatchMove to Offer Mobile Wallet to Its Customers
11 July 2016, India—CentrumDirect, one of India’s premier financial institutions providing financial services like foreign exchange services for investment, insurance, mutual funds and more, strikes a partnership with Singapore-based award-winning fintech company MatchMove, to offer a full-featured mobile wallet to its customers.
CentrumDirect’s mobile wallet, developed specifically for the retail market, comes with a virtual and physical MasterCard that can be used for online and in-store transactions on the widely accepted MasterCard network. Additional innovative features include instant country-wide P2P funds transfer, inward remittances from overseas, special offers and loyalty services.
With over a million retail clients, and a retail presence of 113 outlets in 46 cities and airports along with major tie-ups with corporate foreign exchange services in India, CentrumDirect is poised to convert more than half its existing clients to the Mobile Wallet within a year. Partnering with MatchMove allows CentrumDirect the speed to market and accelerate its user acquisition initiatives.
Gitesh Athavale, SVP and General Manager of MatchMove Pay, commented, “Our commitment is to consistently innovate and provide the best-of-class enterprise solutions to our partners like CentrumDirect, delivering the best user experience and protection to their customers.”
Gaurav Mittal, MatchMove’s Regional Director of South Asia, added, “We are pleased to partner with CentrumDirect to provide distinct mobile wallet for travellers, further extending MatchMove’s capability to cater to new market segments.”
About MatchMove® Pay
MatchMove Pay is a financial technology company that provides innovative, end-to-end enterprise payment solutions to help businesses increase revenue and boost user engagement. Our proprietary cloud-based MatchMove Wallet OS enables any company to easily offer their customers a secure mobile wallet solution that includes P2P transfer, Remittance, Top Up channels, Virtual Payment Cards, Loyalty Points & Rewards, Promotions & Offers.
MatchMove Pay has been recognised internationally for its outstanding innovation. In 2014, MatchMove emerged as the “Top Innovator” in the global fintech competition, SWIFT Innotribe Startup Challenge. In 2013, MatchMove was ranked as Singapore’s fastest-growing technology company in Southeast Asia in the Deloitte Technology Fast 500 Asia Pacific. In 2012, MatchMove was also awarded the Red Herring Top 100 Asia and Red Herring 100 Global.
MatchMove Pay is headquartered in Singapore with offices in Vietnam, Indonesia, Thailand, India and The Philippines.
For more information, please contact:
Head of Marketing
MatchMove Pay Pte Ltd