SBM Bank (Mauritius) taps CR2’s Digital BankWorld Platform

By Gloria Mathias

CR2 has announced the successful launch of SBM Tag, SBM Bank (Mauritius) Ltd’s new mobile banking application powered by CR2’s BankWorld.

This chapter underscores SBM Bank’s commitment to delivering secure, seamless, and user-centric digital banking experiences for its retail customers via their mobile application.

This innovation meets customers’ evolving demands and drives the adoption of digital payments across Mauritius. Additionally, SBM Bank will deploy advanced features, such as MauCAS QR code payments, along with a full suite of banking services.

Built on CR2’s flexible BankWorld platform, SBM Bank can quickly introduce new products and services through SBM Tag tailored to the specific needs of the local market. The enhanced digital banking solution provides a variety of transaction options and intuitive interfaces to enable secure transactions, efficient account management, and easy access to comprehensive banking services. This upgrade enhances engagement with existing customers and attracts new ones, positioning SBM Bank as a leader in digital banking innovation.

Premchand Mungar, Chief Executive of SBM Bank (Mauritius) Ltd, shared, “The launch of SBM Tag marks an important milestone in our mission to simplify the lives of our customers with modern and innovative banking solutions. This application is designed to meet the expectations of an increasingly connected and demanding client base. With SBM Tag, we are taking a decisive step in our commitment to providing a seamless, accessible, and customer-centric banking experience.”

Fintan Byrne, CEO of CR2, said, “We are delighted to announce our successful launch with SBM Bank. As the demand for convenient and secure payment solutions continues to grow, the ability to introduce innovative features such as Pay to Mobile and Request Money brings significant value to both the bank and its customers. At CR2, we remain committed to empowering banks like SBM with secure, digital solutions that meet the evolving needs of today’s customers.”