25th August, 2015. London, UK: RedCloud, the future enterprise leader in mobile financial services and TPS, a leading technology provider have signed a partnership to help Banks and Telecom organisations provide revolutionary mobile financial solutions to their customers in the Middle East and Africa (MEA) and Asia.
Faisal Gill, Executive Director MEA & Asia at RedCloud said: "TPS has been trusted for their payment solutions by 130+ financial institutions and telcos in 32 countries worldwide. Our partnership with TPS is important for RedCloud to reach our customers with enriched Omni Channel proposition."
"We have developed a next generation mobile finance platform, RedCloud 1 that not only eliminates the need for multiple vendors to provide mobile solutions, but comes equipped with features and functionality that cannot be matched. With RedCloud and TPS delivering nothing less than world class solutions, we are looking forward to working with TPS."
Shahzad Shahid, CEO at TPS had this to say about the partnership: "RedCloud has a practitioner's view of the Mobile Money needs and its distribution requirements. With a deep understanding of the evolutionary roadmap in Africa to modern day needs of Ecosystem connectivity required by the mobile money providers, RedCloud has aligned its delivery capability. Together, we would be able to deliver richer value to the Mobile Money EcoSystem players in multiple geographies and excite them about the possibilities."
About RedCloud
RedCloud was launched to reinvent financial services in the Cloud.
The RedCloud platform empowers Banks, MNOs, Insurance companies and providers of financial services of all sizes to extend their market reach at lower cost.
The Mobile Financial Services, Insurance, Merchant and Agent Cloud technology has been engineered over many years and includes unique features that allows users to effortlessly interact with banking and other financial services. RedCloud's technology is a next generation cloud, social and mobile choice for banks, insurers, mobile network operators and financial companies who want to connect to their customers in an entirely new way.
Welcome to the RedCloud revolution. www.redcloudtechnology.com
About TPS LLC
TPS is a trusted fintech partner of 130+ global financial services institutions in 32 countries. For over 20 years, our customers have trusted us with their mission critical transaction processing systems. 250+ payment professionals in our Karachi & Dubai offices create technology enabled services that touch the customer transactions in around 80 countries.
Our diverse customer portfolio includes retail, commercial & microfinance banks, telecom operators, Fx service provider and 3rd party payment service providers. Our successful deployments include national payment infrastructure assignments managed by country central banks (UAE, Liberia) and national switch providers (Pakistan). Our technology enables national payment gateway services for ATM & POS transactions (Pak, UAE). Our technology enables the largest bill payment aggregators serving customers through branch, electronic and branchless banking networks.
Our product portfolio includes, Omni Channel Payment Switch, Card Management System, Bill Presentment & Payment Platform, International Remittance Processing Platform, Electronic & Mobile banking platform.
Our ever growing partner network is helping us discover new opportunities in Africa, Middle East and Asia Pacific region
For further information and offering from TPS, visit www.tpsonline.com
© Press Release 2015
