MCHN CEO Hani Beshara said the firm is on the path to become the preferred Mobile Clearinghouse Network for facilitating domestic and international mobile money transfers and payment transactions.

"We offer our clients more than just mobile banking services as we incorporate data aggregation, regulatory implementation and an exclusive anti-intrusion and fraud detection system (AIFDS) for additional security in our platform", Beshara said.

Integration of the MCHN global hub integration capabilities and MCHN Mobile Solutions’ suite of transaction services facilitates clients to offer their customers a secure and robust mobile offering for all of their financial needs, said the firm.

The platform provides mobile banking, payment functions, and money transfers services 24X7 with a customized option to help users to extend their brand name recognition.

The service also comprises a communications portal which facilitates clients with direct customer outreach for sending alerts and notifications and to serve as an additional channel for customer service, claims MCHN.