New York, October 17, 2022 – Panamax is elated to announce that it has been chosen as the Mobile Money Solutions vendor by the Leading Telecom Operator in Tuvalu, Tuvalu Telecommunications Corporation (TTC)-a state-owned enterprise.
TTC is the sole provider of fixed telephone communication services, mobile services, and internet services in the country.
Aligned with TTC’s vision statement “An enabler of integrated telecommunications and ICT services empowering and connecting Tuvaluans beyond” they have joined hands with Panamax to introduce Mobile Money Service to fellow citizens & kindle digital growth.
With Panamax’s flagship digital financial solution – MobiFin Elite, TTC will be able to include diversified use cases in the country including –
- Mobile Wallet Services
- Airtime Top-Up and Bill Payment
- Merchant Payment
- International Remittance
Delighted by the association, Ms. Tenanoia Simona, the CEO of TTC, said, “We look forward to working with Panamax and to delivering exceptional Mobile Money Services to our subscribers. We trust the expertise that Panamax brings to the table in developing an innovative and secure digital payment ecosystem.”
Humbled by it, Mr. Vikas Desai, VP Global Sales (Technology), Panamax Inc. added, “MobiFin Elite will be a catalyst in enabling TTC to provide a comprehensive and secured digital mobile money service to the countrymen of Tuvalu. We are looking forward to embarking on this project soon & kindle financial digital monetization in the country”.
About Tuvalu Telecom
Tuvalu Telecommunications Corporation (TTC) is a state-owned enterprise of Tuvalu established by the Tuvalu Corporation Act 1993. TTC provides all integrated telecommunications and ICT services to the entire nation including those living in the remote islands. TTC continues to build a conducive and resilient infrastructure to improve mobile and internet services nation-wide and better position Tuvalu at the forefront of digital transformation fostering innovation.
About Panamax
Panamax is a global leader in developing fintech and telecom solutions. Its futuristic and one-of-a-kind digital financial solution ‘MobiFin Elite,’ is a comprehensive and secured payment platform offering advanced digital financial services to banks, financial institutions, telecom operators, and e-wallet providers. The platform simplifies online transactions and drives financial inclusion while adhering to regulatory compliances across geographies. Panamax has been trusted by many top financial brands globally to develop their own customized digital ecosystem.
