TAIPEI, SEPTEMBER 11 – Taisys India has won the two prestigious awards - “Best Mobile Payments Solution of the Year” and ” Best Payments Innovation of the Year” in the Payment & Cards Summit 6th Edition 2018. The award ceremony was held at Westin Mumbai on 22nd August 2018. Taisys received these two awards for its core product SIMoME mobile payment, which is based on a patented technology.
The award celebrates the spirit of innovation in the BFSI segment and celebrates the ones which show potential to jury of CIOs and CTOs from Indian payments and cards industry.
The research process for the Awards was done by the Esteemed Core Jury Members who are leaders from the banking industry. Each nomination of the award was researched and thoroughly evaluated by the Core Jury Members. The Jury members examined the write-up shared by each nominee and personally interviewed each one. SIMoME is a patented wafer-thin smart card that can be pasted onto any type of SIM card (Standard, Micro or Nano) of any telecom service provider. This sticker installs a SIM Tool Kit (STK) based payment application which can be accessed by the consumer on all smart and feature phones, and can perform transactions without the need for internet connectivity.
Taisys SIMoME mobile payments enables consumer to perform various types of transactions, such as Fund Transfers, Check balances and generate mini-statements, Payments to merchants for small and large value purchases Bill Payments, Top-ups, and Recharges. Taisys’ SIMoME covers full spectrum and actually bridges the digital divide in the Indian society. Taisys’ SIMoME is capable of building a cashless society where everyone, no matter which type pf phone he has can do financial transactions or mobile payments.
Taisys presented its product SIMoME and explained the patented technology in the Payment & Cards Summit before the award ceremony.
Abhishek Saxena, Managing Director of Taisys India added, “we are delighted to receive such an honor and with SIMoME technology we are launching universal mobile wallet payments platform in India which is covering the full spectrum of customers irrespective of feature phones, smartphones, connected or non-connected devices, eventually we are connecting all the layers including the last mile. This universal wallet implementation is in line of government initiative of increasing digital payments in India, especially when it comes to rural India, SHG groups, small merchants. “
For information on Payment & Cards Summit Awards, click here.
Taisys Technologies is a world leader in providing mobile interconnectivity and vertical integration solutions to various industries. Taisys’ solutions enable telecom, financial institutions and government organizations to extend innovative mobile services in a secure and convenient manner.
Established in 2005 and headquartered in Taipei, Taisys has built solutions based on its patented core technology SIMoME® (Thin SIM), which decouples value-added services from the main SIM, and empowers industry players the ability to deploy innovative services on the mobile equipment.
Over 1,300 banking and 20 M(V)NO partners have deployed mobile-based value-added services enabled by Taisys’ technology and platform to 10 million end-users worldwide.
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