Fintech solutions provider Logiq has partnered with Comviva to provide digital wallet and payment services across Indonesia.
The move will provide the customers with access to Logiq’s PayLogiq digital wallet. The services will be powered by Comviva’s mobiquity Pay platform.
With more than 130 million consumers globally, mobiquity Pay is one of the largest digital wallet solutions in the world.
Logiq chief strategy officer Matthew Brent said: “Our partnership with Comviva enables us to provide best-in-class digital wallet services to thousands of individuals and SMBs in Indonesia.
“Digital is quickly becoming the preferred method for transactions, and the global pandemic has only accelerated that transition. By providing digital access to an array of financial services instantly from the convenience of a mobile device, we see our combined platform enhancing the lives of many people, helping to grow their businesses and boosting the country’s economic activity.”
Comviva Digital Financial Solutions COO and EVP Srinivas Nidugondi said: “Our mobiquity Pay is a feature-rich, scalable and flexible digital wallet platform that has been deployed across five continents. We will bring our global expertise in digital wallets to this deployment with Logiq.
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By GlobalData“The platform will enable Loqiq to accelerate the growth of digital wallets in Indonesia by introducing innovative digital financial services to transform the way Indonesians save, borrow, transfer and make payments.”
Last year, Senegal’s Free joined forces with Comviva to enhance its mobile money service ‘Free Money’.