Rwanda President, Paul Kagame (left); felicitating with the Founder/Group CEO, Channel Vas Group, Bassim Haidar.
Channel VAS Group, a fintech and knowledge analytics firm, has been granted unique Patents and Intellectual Property rights for its airtime credit score and knowledge credit score merchandise and services.
Live by way of cell operators in 34 nations, the Airtime Credit and Data Credit Services permit out-of-credit cell community subscribers to acquire further credit score for name time and knowledge utilization upfront, offering Mobile Network Operators with a risk-free digital airtime distribution channel.
“Securing our rights on the proprietary technologies that we have first brought to the market is a necessary part of business for a company like Channel VAS, that spearheads the digital and fintech evolution,” said Bassim Haidar, the corporate’s founder and Group CEO, in a assertion.
“By updating and expanding the patents on our Airtime and Data Credit Services in the 34 countries we operate in, we are making sure we protect our technology innovations and our partners against any infringements or unauthorized efforts from third parties to copy them”, Haidar added.
Providing extra particulars about these patents, Haidar stated: “These patents are not new. They have been owned by Channel VAS and subsidiary company Nairtime for years, as part of our worldwide operations, and their validity has been ratified by competent courts.”
“However, given the ever-evolving nature of our enterprise and the technological developments we're main, we deemed it essential to safe these new options of our platform by increasing our Patent Portfolio to legally shield our Intellectual Property towards any efforts by third events to repeat it.
“Furthermore, we owe it to our business partners to ensure safety and stability in our business relationship, and most of all we owe it to the over 600 million people globally that are using our services and entrust us with the protection of their data privacy”, Mr. Haidar added.
Haidar additional defined that, “It is only natural that there are some who try to copy what leaders in their fields are offering. Updating our patents is a solid deterrent to stop such attempts, by establishing our rights on the technology and brand names of our offerings.“ I am pleased to state that our patents on Airtime and Data Credit Services ensure our ownership of these services and protect us against potential infringement efforts by any third party. We now practically own the Airtime and Data Credit distribution method in key territories for the African region.”
Channel VAS is providing Airtime Credit and Data Credit Services, in addition to different revolutionary Mobile Finance and fintech services in 34 nations worldwide, protecting most of West Africa, South and East Africa in addition to a number of Middle Eastern and Asian nations. The firm’s enlargement is supported by a sturdy portfolio of proprietary intellectual properties on the merchandise and instruments supplied to MNOs and companies throughout the globe.