IDEAHUB solution powers Cambodia-Based Pi Pay’s Innovative Cashless Payment
IDEAHUB and Cambodiabased Pi Pay this week announced a new version of the Pi Pay mobile application, available on both Android and iOS to residents of Cambodia.
The solution - which is powered by IDEAHUB’s Symphony platform - connects customers and merchants via a seamless social and digital ecosystem. It combines ease of use and convenience with reliability, security, and the integrity of IDEAHUB’s world- class payment technology and infrastructure, the two companies said in a joint media release.
With a few taps on a smartphone, users can access a range of social and lifestyle features and securely make purchases from a growing network of retail partners in the country. In addition to helping save time and effort, the solution offers technological innovations to discover new shopping experiences, take part in special promotions and loyalty programs, and stay in touch and transfer funds to family and friends.
“Finally! I believe again that great innovation can come out of Southeast Asia. Through a very unique hybrid partnership combining the Pi Pay and IDEAHUB tech teams, we have been able to deliver a platform we are proud to call Pi Pay, with the potential to scale, keep expanding its unique points, and provide brand new avenues for both merchants and users,” said Tomas Pokorny, CEO at Pi Pay.
IDEAHUB’s Symphony platform is highly scalable and enables transactions between enterprises, merchants, and customers. The platform has a multi-tier distributed architecture that can scale to varying levels of performance throughputs.
“Innovation, incubation, and productisation of technological products are core competencies at IDEAHUB. A key focus area for us is to provide platforms and tools for the FinTech industry. The problems we solve are proof of our tools and technologies. The Pi Pay team, led by Tomas Pokorny and Joe Gare, used our technology platform in a novel and innovative way to implement the most versatile and secure FinTech platform in the region,” said Chaminda Ranasinghe, CEO and Founder at IDEAHUB.
Pi Pay Cambodia is an innovative and complete cashless payment platform. Sri Lankabased IDEAHUB was founded in 2009 by a small team of likeminded innovators, and, since then, the company has grown into a fully-fledged technology boutique, servicing some of the biggest names in the country and the region.