Comviva has partnered with NationLink, a telecom service
provider in Somalia, to launch its e-maal mWallet service.
Comviva is providing its mobiquity mobile financial
platform to enable NationLink to offer integrated financial payment service.
This includes international inbound transfer, domestic money transfer, prepaid
airtime e-top up, utility bill payments and mobile ticketing services.
The new mobile money service will be available across
Somalia and will cater to under-banked and unbanked segments of the population.
The service supports multiple transactional methods, including cash-to-bank,
cash-to-cash, cash-to-wallet and wallet-to-wallet to maximize service access.
The service complies with regulations and benefits from a robust, open
ecosystem of multiple banks, money transfer operators, billers and service providers.
By deploying Comviva’s mobile money solution, we are
able to provide easy to use mobile wallet and remittance services. This step
marks a significant milestone, as this is the first mobile money service in the
region, which we are confident will transform the lives of people in Somalia,”
said Abdirizak Ido, president, NationLink Telecom.
Our mobiquity mobile financial solution will provide
payment and banking services to mobile users in Somalia, enabling them to make
quick, easy and secure financial transactions anywhere, anytime,” said Sabri
Amireh, vice president, Middle-East and North Africa, Comviva.
Comviva’s mobiquity platform is live or being deployed by
40 service providers globally and delivers mobile financial services to over
230 million mobile subscribers in more than 20 markets across Africa, Asia,
Latin America and the Middle East.
By Telecomlead.com Team
editor@telecomlead.com
