/ April 14, 2014

Panamax Rolls Out A New Version of Mobile Financial Services Platform


MobiFin 3.0 is a futuristic, sophisticated solution that enables carrying out of complex financial transactions via mobile phone with ease.

April 14, 2014 – US based Bankai Group’s Technology wing, Panamax Infotech Ltd. stepped into the vast domain of Mobile Financial Services few years back with their comprehensive product suite, MobiFin.

MobiFin empowers mobile network operators, MVNOs, Mobile Money Service Providers (MMSPs), Merchants, Banks and Financial Institutions to deliver innovative, targeted and localized mobile financial services across a wide plethora of user access points, mobile devices, PoS terminals and telco channels. This helps open up new revenue streams, increases customer stickiness and reduces churn. The latest version of this high-end product, MobiFinTM 3.0, flaunts advanced capabilities around Wallet Management, Fees & Commission management, agent network management, rules management and fast and easy integration with ecosystem stakeholders.

“We are happy to launch the new version of the MobiFinTM solution suite with enhanced features. We are confident that our passion for making mobile financial services more inclusive in frontier markets coupled with our strong technology fitment makes us the partner of choice.” commented Mr. Siddharth Dhamija , VP and Global Head, Technology Sales at Bankai Group during the launch of the MobiFinTM 3.0.

Using this solution, the end-user can easily reap benefits of services like mTop-ups and Bill Payment, mWallet, mBanking, mPurchase, mTicketing, mBetting and much more. The platform also allows consumers to access services via multiple channels like USSD, SMS, IVR, and Handset App. Hence, giving the consumer agility and suppleness to take care of their financial needs on the go.

“MobiFinTM 3.0 is a next step forward in our endeavor to facilitate bridging the telecom –banking divide across emerging markets. We are confident that our solution suite with its rich feature set would help unlock revenues for all ecosystem stakeholders” said Mr. Siddharth Dhamija.