Telepin Software powers Valyou Mobile Wallet in Malaysia

Unique mobile financial services platform delivers affordable, convenient mobile money solutions to under-banked market.

Telepin Software, a global leader in mobile money transaction platforms, announces that it is now powering the mobile financial services for Valyou, a Malaysian-based licensed money services business that provides multi-country international remittance services.

The Valyou mobile wallet is an easy, secure way to store and manage cash from a mobile device; a convenient e-money solution aimed at serving the under-banked segments of Malaysia, such as youths, lower income earners and migrants. It is simple-to-use, secure, offers more benefits the more one uses it, puts customers fully in charge of when, where and how they handle their cash, and it is reliable. Valyou is backed by Telepin’s many years of experience in rolling out mobile financial services solutions across the globe.

Telepin powers over 40 active mobile financial services platforms with tier one mobile operators around the world; most recently announcing that it has replaced the incumbent to deliver MyZaka, the mobile financial services for Mascom Wireless, the leading wireless provider in Botswana.

“We believe that everyone can benefit from having easy and affordable access to mobile financial services, in particular to help them take control of a very important aspect of their lives — their personal economy,” said Khurram Malik, Chief Executive Officer of Valyou. “In a country with high smartphone penetration rates, and the government’s continued promotion towards building a cashless society, services in the form of a mobile wallet could really be a game changer in making access to formal financial services available to many more people.”

Telepin’s unique software and services help mobile operators deliver robust financial services offerings to their subscriber and merchant customers. The software plugs seamlessly into existing mobile infrastructure, leveraging the investments already made in charging systems, replenishment systems, and value added service delivery platforms. Telepin is currently enabling over 45M digital wallets across all their customer networks, processing over 50 million transactions per day.

 

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Source: Telepin Software Powers Valyou Mobile Wallet in Malaysia – NewsMaker.com.au