VeriFone Mobile Money Wins 2014 Kalahari Award for Best NFC Deployment

LAGOS, Nigeria and AUCKLAND, New Zealand, March 5, 2014 /PRNewswire/ -- VeriFone Mobile Money is pleased to announce today that it has won the prestigious Kalahari award for Best NFC deployment. The award was presented at the recent Mobile Money Expo in Lagos, Nigeria.

Chris Jones, CEO of VeriFone Mobile Money and Founder of Mobilis Networks, says he is "delighted to receive the Kalahari award which recognizes the delivery of VeriFone Mobile Money's retail enablement and mobile financial services platform to its customers and the work the company is doing globally with banks and mobile service providers."

"VeriFone Mobile Money has delivered to its customers a solution that enables an operator's mobile money solution to deliver its customers frictionless, fast and secure transactions at the agents' point of sale. The solution enables non-NFC and NFC smartphone devices to be able to communicate and process mobile payment transactions through mobile POS [mPOS] and the VeriFone range of payment terminals," said Jones. "Our relationship with VeriFone Inc. has enabled us to develop world leading solutions, that are tightly integrated with the point of sale terminals supplied by VeriFone, the leading global provider of secure electronic payment solutions used daily by millions of consumers to make purchases."

In presenting the Innovation Award to VeriFone Mobile Money, Emmanuel Okoegwale, editor of Mobile Money Africa, commented, "The Kalahari awards honor best of the breed across all sectors and segments of mobile financial services covering mobile network operators, financial institutions, independent providers, systems and application providers, regulators, international development agencies, micro finance organizations and individuals in the mobile financial ecosystem in Africa and beyond."

ENDS

About VeriFone Mobile Money (www.verifonemobilemoney.com)

VeriFone Mobile Money is a joint venture between VeriFone Inc. and Mobilis Networks Limited to provide complete mobile money solutions designed to meet the needs of mobile operators for telco-based money transfer and payment services in emerging markets.

About Mobilis Networks Limited (www.mobilis.com)

Mobilis Networks is a Software-as-a-Service company providing an end to end solution for mobile banking, payments and money across the developing and emerging markets enabling customers to pay, buy, bank and remit money with a mobile device at the point of sale.

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[email protected]

SOURCE VeriFone Mobile Money Limited