NEW DELHI, Dec. 23, 2025 — Comviva, the global leader in digital transformation solutions specializing in customer experience management, data monetization, and digital financial services, has been honored with the IBS Intelligence Global FinTech Innovation Award 2025 for ‘Best In-Class Cross Border Payments.’ This recognition follows its deployment with Global Money Exchange Co. (GMEC) of Oman, a leading global money transfer operator.

The award underscores how Comviva’s mobiquity® Pay is shaping a modern cross-border payment ecosystem that extends far beyond conventional remittance services. Deployed as a white-label wallet platform and launched as the Global Pay Oman App, it fulfills GMEC’s dual goals: positioning itself as an innovative payment service provider while digitally expanding its core money transfer business. The solution enables GMEC to offer international money transfers alongside seamless forex ordering and other services, paired with a wide range of daily financial tools—including bill/utility payments, merchant transactions, education-related payments, and other digital conveniences—all delivered through a unified experience.

mobiquity® Pay helps GMEC diversify its service portfolio, boost operational efficiency, and strengthen customer retention in the highly competitive cross-border payments market. By integrating multiple payment use cases into a single digital wallet, it has created a more efficient, customer-centric, and scalable cross-border payments model.

Speaking on the occasion, Subromoniyan K.S., Managing Director at Global Money Exchange Co. said, “This award reflects Oman’s accelerating digital transformation and our commitment to redefining how cross-border payments serve people and businesses across the Sultanate. Through our partnership with Comviva and the launch of the Global Pay Oman Super App, we’ve moved beyond traditional remittance services to build a truly inclusive, future-ready financial ecosystem. This innovation not only enhances convenience and transparency for our customers but also supports Oman’s broader vision of a digitally empowered economy.”

Commenting on the recognition, Rajesh Chandiramani, Chief Executive Officer at Comviva, said, “Cross-border payments are shifting from a niche service to a daily necessity—especially for migrant and trade-linked economies. This IBS Intelligence recognition validates our focus on building payment platforms that combine global reach with local relevance, operational resilience, and strong user experience. Our deployment with GMEC shows how mobiquity® Pay empowers financial institutions to go beyond remittances and deliver integrated digital services at scale.”

Recognizing Comviva’s role in advancing global remittance innovation, Nikhil Gokhale, Director – Research & Digital Properties, IBS Intelligence, said, “The mobiquity® Pay rollout for GMEC demonstrates how scalable, API-driven digital wallets can transform cross-border payments into seamless, value-rich experiences. By integrating remittances, bill payments, forex services, and AI-powered engagement into a unified Super App, Comviva has reimagined customer journeys and operational agility. This Best-in-Class win is a testament to Comviva’s excellence in enabling financial institutions to compete and grow in a digitally convergent world.”

The IBS Intelligence Global FinTech Innovation Awards honor technology-led initiatives with strong program vision, execution excellence, customer impact, and long-term value creation. Winners are selected via a rigorous global evaluation process covering banks, financial institutions, and technology providers.

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