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Monday, 11 July 2016

CentrumDirect uses MatchMove Wallet OS to create mobile wallet

Source: Matchmove website. Concept image showing Matchmove wallet on mobile devices with card brand logos.
Source: Matchmove website.

CentrumDirect, which  provides financial services like foreign exchange services for investment, insurance, and mutual funds has partnered with fintech company MatchMove Pay to offer a full-­featured mobile wallet to its customers.

Partnering with MatchMove allows CentrumDirect to generate speed-to-market and accelerate its acquisition initiatives. With over a million retail clients, presence in 46 cities, 113 outlets, tie-­ups with corporate foreign exchange services in India, CentrumDirect is poised to acquire more than half its existing clients within a year. 

CentrumDirect’s mobile wallet, specifically for the retail market, comes with a MasterCard that can be used for online and in-­store transactions. It leverages the proprietary cloud-­based MatchMove Wallet OS to offer secure peer to peer (P2P) transfer, inward remittances, offers and loyalty facilities. 

MatchMove Pay is headquartered in Singapore and has  offices in Vietnam, Indonesia, Thailand, India and the Philippines. Its customers include TP Bank, Vietnam, and the Bank of Philippine Islands.

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