Namibian cellphone service provider giant, Mobile Telecommunications Limited (MTC), and local mobile financial services provider MobiPay, have announced a major deal to provide customers with a new product called MTC Money.
Speaking at the launch of the product yesterday, MobiPay board chairman Amos Shiyuka said that, “mobile money presents an opportunity to empower large segments of the population by providing access to finance through open access ecosystems, enabled by mobile telecommunications companies such as MTC.” “As a registered and licensed payment service provider, licensed by Bank of Namibia, Mobipay has strategically formed a partnership to provide mobile money to all MTC customers,” he said.
MTC’s chief for human capital and corporate affairs, Tim Ekandjo said that, “when MTC looks at a mobile phone, we see more than just a device to make calls and send text messages.
We see a new tool in the hands of the globally mobile workforce, and an interacted connection to family and friends. With more than two million mobile subscribers, it is clear that mobile platforms have become an essential element of our customers’ lives.” He explained that offering customers multiple pro-
ducts, multiple platforms, and the convenience of choice is a key part of MTC’s business strategy. “One can say that we are bringing mobile payment solutions to the unbanked; we are investing in communities and giving them convenience and affordability.
This is especially relevant for Namibia, as the market for financial services has yet to fully mature, whereas the mobile phone revolution has taken one step into the realms of global village connectivity,” he said.
According to Shiyuka, “MTC Money will give access to the entire MTC database and will create the possibility and opportunity to deliver financial inclusion to all Namibians, and especially to poorer communities by leveraging secure and low-cost mobile transactions.”
MTC Money allows customers to use cellphones to transfer, withdraw and deposit money, buy airtime or electricity, pay bills and make point of sale payments at any MTC Mobile Home or MobiPay agent or merchant. According to its website, MobiPay currently has more the 180 agents across the country, including Woermann Brock, Pick‘n Pay, and NamPost outlets.
The service is available everywhere that MTC has signal coverage, features no registration or monthly fees, and also includes subscribers of other local cellphone service providers.
Speaking at the launch of the product yesterday, MobiPay board chairman Amos Shiyuka said that, “mobile money presents an opportunity to empower large segments of the population by providing access to finance through open access ecosystems, enabled by mobile telecommunications companies such as MTC.” “As a registered and licensed payment service provider, licensed by Bank of Namibia, Mobipay has strategically formed a partnership to provide mobile money to all MTC customers,” he said.
MTC’s chief for human capital and corporate affairs, Tim Ekandjo said that, “when MTC looks at a mobile phone, we see more than just a device to make calls and send text messages.
We see a new tool in the hands of the globally mobile workforce, and an interacted connection to family and friends. With more than two million mobile subscribers, it is clear that mobile platforms have become an essential element of our customers’ lives.” He explained that offering customers multiple pro-
ducts, multiple platforms, and the convenience of choice is a key part of MTC’s business strategy. “One can say that we are bringing mobile payment solutions to the unbanked; we are investing in communities and giving them convenience and affordability.
This is especially relevant for Namibia, as the market for financial services has yet to fully mature, whereas the mobile phone revolution has taken one step into the realms of global village connectivity,” he said.
According to Shiyuka, “MTC Money will give access to the entire MTC database and will create the possibility and opportunity to deliver financial inclusion to all Namibians, and especially to poorer communities by leveraging secure and low-cost mobile transactions.”
MTC Money allows customers to use cellphones to transfer, withdraw and deposit money, buy airtime or electricity, pay bills and make point of sale payments at any MTC Mobile Home or MobiPay agent or merchant. According to its website, MobiPay currently has more the 180 agents across the country, including Woermann Brock, Pick‘n Pay, and NamPost outlets.
The service is available everywhere that MTC has signal coverage, features no registration or monthly fees, and also includes subscribers of other local cellphone service providers.
No comments:
Post a Comment