Cormviva has expanded its offering with the launch of mobiquity Pay X, its digital wallet and payment platform.

The new launch seeks to enhance all aspects of digital financial solution, including scalability, faster deployment and time to market, simpler user lifecycle management and experience, and enhanced security.

Speaking on the launch, Srinivas Nidugondi, EVP and Chief Growth and Transformation Officer at Comviva, stated: “COVID has significantly accelerated the growth of digital financial services and the entire financial ecosystem is growing at its fastest pace ever. 

“Customer demand and public health priorities are pushing contactless payment adoption and our next generation mobiquity Pay X platform shall help financial service providers scale their digital wallet and payment services faster and seamlessly. With this new platform, Comviva has completely automated the software delivery process. The time to market has improved significantly with continuous product development, integration, testing, release and deployment.”

This new platform is completely built on microservices-based architecture with fully independent and reusable components. The enhanced modularity facilitates faster time to market and greater scalability

As well as this, it significantly strengthens security with robust authentication and authorisation modules. It also provides complete flexibility to easily configure various PIN, password and access rules as per the requirements.