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Comviva Certified in Western Union’s Mobile Vendor Program

New Delhi, 04 January, 2011

Comviva’s mobiquitytm mobile financial services platform now able to support Western Union Money Transfer® service capabilities.

Comviva, the global leader in providing mobile solutions beyond VAS, today announced that it has been certified to participate in Western Union’s (NYSE: WU) Mobile Vendor Program. The Comviva mobiquity™ platform can now support Western Union® services

, enabling its clients to offer the option to send and/or receive money through Western Union's global money-transfer system.

Manoranjan Mohapatra, CEO, Comviva said, “We are committed to bringing innovative value-added services that enrich the lives of people across emerging markets globally. This Western Union Vendor certification exemplifies our commitment to continuous effort in the mobile financial services space and recognizes Comviva’s leadership in extending mobile financial services globally.”

Comviva’s multi-award-winning mobiquity™ platform has been deployed globally in markets in Latin America, Asia and Africa in different bank-led and operator-led business models. The mobiquity™ suite of mobile financial solutions embraces the mobile phone as a convenient transaction and payment medium, enabling storage and transfer of money to and from a stored-wallet account, resident on the phone or the server. mobiquity™ also acts as a catalyst in enabling financially underserved and unbanked segments to gain access to financial services, helping promote livelihoods among low-income segments.

Western Union certifies mobile platform vendors to reduce integration costs and accelerate go-to-market activities for banks and mobile operators by creating standard technical deployments. Once a bank or mobile operator contracts with Western Union to activate the Western Union® Mobile Money Transfer service, its consumers will be integrated with Western Union's core transaction processing system. This system supports Western Union's global network of more than 435,000 Agent locations in over 200 countries and territories.

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