15 June 2017 12:00 am Views - 1044
Premier and award winning regional technology leader, Epic Technology Group, synonymous with innovative and superior FinTech solutions, brought about huge excitement at the Seamless Payment Exhibition held in the Middle East recently with its flagship product the ‘Epic Mobile Wallet’.
This one-of-a-kind technology brought about countless inquiries from the banking fraternity across the Middle East and African regions.
Invited by Terrapin Middle East for an exclusive ‘Demo Theatre’ presentation at the Seamless Payment exhibition on the Epic Mobile Wallet, ‘Viraj Mudalige, Group Director and CEO of Epic Technology Group stated to a packed and eager audience “I want the region to get a first-hand experience of Epic’s innovative and disruptive Fintech Solution The Epic Mobile Wallet, which by far is a highly inventive and a one-of-its-kind wallet solution. I am extremely proud of the team behind this product which has attracted so many hi-net worth individuals and companies here in the Middle East and we are immensely delighted and excited to state that we are presently in discussions on how best we can deploy the solution to complement their businesses”.
Mudalige speaking further at the Demo Theatre stated, “The single purpose of this innovation is to bridge the digital divide in the payment ecosystem, which is increasing day-by-day. This innovative product is the world’s first ever single application for payer and payee bringing together all CASA accounts, debit and credit cards into one common platform. What is more, it also facilitates merchants to accept payments in different modes such as via NFC, dynamic and static QR codes as we well as time and event-based tokens.”
Mudalige further went on to state “The Epic Mobile Wallet uses multiple authentication techniques in the form of face recognition, finger print and voice recognition giving users multiple authentication mechanisms. All these embedded features make it a truly distinctive product in the market.”
“When we created this unique product our main objective was to deliver a user friendly digital lifestyle solution which would enable our customers to share their bills by splitting between wallet users, send and receive money, initiate card less transactions, enable wallet top ups with their CASA accounts, make loan requests, etc. just to name a few”. “We also looked at the untapped merchant market taking into account terminalized merchants (NFC and mobile number based payments), non terminalized merchants (those using dynamic QR code) and finally grass root level merchants (using static QR code) because we want this product to cater to all segments within the socioeconomic pyramid,” concluded Mudalige.