Satyam Computers, the fourth biggest software exporter of India, declared on Monday, July 7 that it has formed a pact with Tyfone for providing it mobile financial services. A statement issued by Satyam Computers stated that firms would avail enhanced solutions and technology due to the synchronization of deep domain experience and system integration expertise of Satyam with the complete mobile financial services infrastructure of Tyfone. 

Speaking on this collaboration, CEO and co-founder of Satyam, B Rama Raju said ‘We chose to partner with Tyfone because their platform is issuer-centric, enabling issuer-branded services to have complete lifecycle control over the mobile financial services offering.’ Presently Tyfone provides mobile financial services like secure mobile banking, contactless payments, retail, remittance and mobile identity management services.