Press Releases
DIGITATA LIMITED INVESTS IN TRANSACTION-CONTROL INNOVATOR, TRANWALL
PORT LOUIS, MAURITIUS, 20 OCTOBER 2011: Digitata Limited, known for their revolutionary Dynamic Tariffing™ solution, announced today that the company has invested in Tranwall. Tranwall is a progressive company operating in the global payments industry, offering banks, consumers and merchants innovative transaction control solutions.
The patented Tranwall system offers card holders and issuers the ability to control the status of debit and credit cards in real time, and can also offer second factor authentication to internet banking services using a mobile phone.
Mr Ted Bartlett, CEO of Digitata Limited, believes the injection of capital into Tranwall will enable the company to accelerate growth, and facilitate acceptance of its flagship product with major banking institutions -- a step required for the benefits of mobile transaction control to finally be accessible to the majority of cardholders worldwide.
Digitata’s investment in Tranwall is also aimed at opening the door for further collaboration between the two companies in Digitata’s other development areas - the revenue management and mobile money space.