The Mobile Wallet (TMW), India’s payment solution officially announced today its partnership with MatchMove, Singapore’s Fintech company and will be integrating MatchMove’s award-winning Wallet OS into the TMW app. This will allow TMW to further boost its functionality and usability for its users to pay on the go and allow businesses to accept payments digitally.
“We are delighted to have TMW choose us as its preferred Wallet OS provider. This partnership will further reinforce our commitment in providing companies the best solutions. Our ease of integration, scalability and security which our APIs have is a key advantage for companies such as TMW to take full advantage of. This partnership will further expand our footprints in the Indian market as we continue to expand as a company in the country”, says Shailesh Naik, CEO, MatchMove.
TMW is a simple and easy mobile application in India to first offer complete payment solutions for day-to-day transactions of goods and services without the need and use of a physical wallet. TMW has partnered with select alliance partners and major service providers in India allowing their users to pay for mobile prepaid recharges, utility and gas bills, online shopping and much more.
TMW started off with a close-looped function that limit its users to shop within their list of merchants. This partnership with MatchMove provides a wider selection of merchants available on the Mastercard network and users will also be entitled to a physical Mastercard for offline payments.
Vinay Kalantri, Founder and Managing Director, The Mobile Wallet commented, “Our decision to work with MatchMove is a strategic one. Not only does it enhance our app’s offerings, but also allow us to take that next step to becoming a leader in the digital payments segment in India and open new inroads to the Southeast Asian market”.
“The mobile payment industry in India is growing rapidly and is largely driven by Government’s Digital India Initiative. It is a privilege to know that our Wallet OS helps India’s very own TMW to empower cashless payments that is in line with nation’s mission in making India a cashless society and economy”, says Gaurav Mittal, Regional Director of South Asia, MatchMove.