Breakthrough for Mobile Money solution in Africa, agreement signed for The Mollet™

Seamless has signed the an agreement for its Mobile Money solution, The
Mollet™. The system will enable the citizens in a West African country to
receive money directly into mobile phones via international remittance. They
will then be able to send money between mobiles and pay in shops from a mollet
(Mobile Wallet). 

“With our product The Mollet™, our customer will be able to roll-out services
for monetary transactions to people who don't have access to traditional
banking services” says CEO Rohit Bhatia. “We believe that such mass
availability of banking services will enable economic livelihoods and social
relationships between geographically split families.”
 
The Mollet™ is built on a robust, secure and carrier-class platform and is best
of breed among platforms for financial transactions. This is crucial
considering the amount of money that will flow through the system and 100%
reliability that each and every transactions needs to have. 

”This breakthrough in West Africa is highly significant for Seamless as it
establishes our new product line on our most important market. We are pursuing
other opportunities worldwide and we expect this reference to give impetus to
close more deals” concludes Rohit Bhatia.

Complete press information in attached PDF.