MobiFin Enables Fully-Integrated Mobile Financial Transactions across Multiple Devices

panamaxKew Gardens, NY – March 16, 2015 – Panamax Inc., a leading telecom technology company, is showcasing its Mobile Financial Solution, MobiFin, at the upcoming Mobile Money and Digital Payments Americas 2015 show, taking place at the Marquis Reforma Hotel in Mexico City March 2325, 2015. Panamax’s MobiFin solution will be featured in booth number one (#1) on the exhibit floor. The application, which enables mobile financial transactions to be delivered over a modular platform, empowers network operators and financial institutions to deliver innovative mobile financial solutions across a wide range of user access devices and channels.

“Using this solution, the end-user can easily reap benefits of services like mTop-ups and Bill Payment, mWallet, mBanking, mPurchase, mTicketing, mBetting, and much more,” remarks Bankim Brahmbhatt, CEO of Panamax. “The platform allows various users, including admin, channel and end consumers, to access services via multiple channels such as web, mobile app, POS USSD, SMS, and IVR.”

Mobile Money and Digital Payments Americas 2015 has returned for its sixth year as the continent’s premiere industry forum. The show will feature expert session leaders from across the Latin America and Caribbean (LAC) payments industry asking provocative questions as well as market pioneers providing their unique perspectives in a series of engaging panels and cutting-edge presentations.

On November 19, 2014, Panamax won an Excellence in Branchless Banking Award for its mobile Panamax MobiFin Award Image_3.13.15financial solution, MobiFin. The ceremony took place in Istanbul and the award was accepted by Siddharth Dhamija, VP Technology – Head Global Sales and Operations, Panamax Inc. Panamax’s MobiFin is one of the first to provide an ideal Mobile Money solution platform for ‘unbanked’ people worldwide.

Panamax President and CEO, Bankim Brahmbhatt, adds, “Mobile Financial Services is a key focus area for Panamax, and Panamax-MobiFin showcases the group’s commitment to make mobile financial solutions accessible to the common consumer. I am pleased that the product has truly materialized our commitment into reality. This award is a testament to a great platform and notable teamwork.”

To learn more about Panamax and its innovative MobiFin solution, please visit: http://www.panamaxmobifin.com/.

To request a meeting with the Panamax team at Mobile Money and Digital Payments Americas 2015, emergedevent@panamaxil.com.

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About Panamax
Panamax Inc. is the technology unit of the Bankai Group, established in 2001. We are a leading technology company offering market-proven telecom switching, wholesale carrier business and mobile financial solutions. Panamax is headquartered in New York and our R&D center is located in Ahmedabad, India. Since 2001, we have been delivering first-class, turnkey telecom and technology solutions to customers across various verticals and geographies. We are a stable, profitable and fast-growing end-to-end technology solutions provider for telcos, Banking, Financial services and Insurance companies (BFSIs), carriers, merchants, aggregators and service providers. To learn more, visit: www.panamaxil.com.

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