Mi-Pay wins IAMTN award for innovative money transfers

Mobile money provider Mi-Pay has been selected as the Most Innovative Company in Money Transfers by the International Association of Money Transfers (IAMTN), the trade body that represents the global money transfer industry.

The prestigious award was presented by the RT Hon Lord Lamont of Lerwick, Honorary President of the IAMTN, during the Global Money Transfers Summit (GMTS) in London on 11 November in front of business leaders from money transfer companies, banks, regulators, suppliers, inter-governmental agencies, technology companies and international legal firms.

The Award was made in recognition of Mi-Pay’s agent-based money transfer solution which has allowed operator independent services to be deployed in challenging countries, such as Sudan. Also acknowledged was Mi-Pay’s persistent work with regulators to help bring robust, secure and reliable mobile financial service platforms to the industry. The Award coincides with Mi-Pay’s fifth anniversary.

Speaking on behalf of the IAMTN, RT Hon Lord Lamont stated: “We are delighted to present this award to Mi-Pay for its consistent delivery of innovative and flexible mobile money transfer platforms which overcome many of the challenges associated with bringing mobile financial services to rural and remote communities.”

As a truly global lobbyist of the remittances industry, IAMTN raises awareness of importance of the money transfers as one of the most dynamic sectors of the world economy as well as a widely spread social phenomenon. The Award forms a key part of IAMTN’s role by highlighting excellence and recognising best practice.