The new Mobile Remittance Service “payMAX” from paybox, a mobile payment enterprise solutions company based in Germany, and Lari Exchange, one of the oldest and largest money exchanges based in Abu Dhabi, was successfully launched on February 6, 2008. This alliance permits the expansion of the mobile Commerce Portfolio offered by paybox and positions Lari as a leading exchange house in the UAE.
payMAX is the first Mobile Remittance Service between the Middle East and the Philippines’ GCash (Globe Telecom) mobile wallet. The alliance combines paybox’s Mobiliser Platform with Lari’s Remittances experience and network.
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