AHMADABAD, India, December 16, 2014 /PRNewswire/ —

Panamax Inc. is conferred with an award for Excellence in Branchless Banking for their mobile financial solution, Panamax-MobiFin, at Mobile Money & Digital Payments – Global event held in Istanbul. The award was accepted by Mr. Siddharth Dhamija, Head Sales and Operations of Panamax Inc.

(Photo: http://photos.prnewswire.com/prnh/20141125/10111464 )

On the occasion of winning the award Mr. Bankim Brahmbhatt, President, CEO – Panamax Inc. said, "Mobile Financial Services is a key focus area for Panamax and as a step towards the group’s commitment to make financial solutions accessible to the common man; we came up with Panamax-MobiFin. I am pleased that the product has truly materialized our commitment into reality. This award is a testimony of a great product and team work. This award has boosted our spirits and reinforced our passion towards the objectives of Global Financial Inclusion."

Panamax-MobiFin has emerged as a winner in the category of Branchless Banking beaceuse of its salient features; Simple usage interface, Abiding by security guidelines as per industry standards, Modular framework, Real-time services accessible through a variety of mobile platforms and web portal.
The company is overjoyed that their passion of creating a viable MFS solution for Financial Inclusion of the traditional tribes, the ‘underserved’, ‘the unbanked’, in the form of MobiFin is recognized globally.

About Panamax

Panamax is the technology unit of the Bankai Group (http://www.bankaigroup.com) established in 2001. We are a leading technology company offering market-proven telecom switching solutions, wholesale carrier business solutions and mobile financial solutions. We are headquartered in New York, USA and our R&D center is located in Ahmadabad, India. Since 2001, we have been delivering world-class telecom and technology turn-key solutions to customers across the globe. We are a stable, profitable and fast growing end-to-end technology solutions provider for telcos, BFSIs, carriers, merchants, aggregators and service providers.

About Bankai Group

Bankai Group inherits simplicity as an ultimate sophistication’ in roots and has emerged as a healthy competitor in the global telecom market. Today, Bankai is recognized as a prominent technology solutions developer and service provider by more than 200 telecom carriers and Communication Service Providers (CSPs), globally. Bankai Group has its registered head office at Ahmadabad, India.

For Further details, please contact:

Media Contact: Arpita Rao, arpita@unspunmarketing.com, +91-9035192707, Unspun Consulting Pvt Ltd

To learn more about Panamax-MobiFin, read here