Warid Mobicash now in Congo

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Telecoms operator Warid Congo SA has announced the launch of Warid Mobicash across its network. This offer is based on the Mobile Money technology from Mobicash.

Warid says its MobiCash solution uses multi-factor authentication mechanisms (NSDT, fingerprint, NFC and Voice biometric) technology.

The resulting mobile payment platform allows Warid MobiCash customers to make simple and secure cashless transactions using any phone model or network operator.

A statement released by Patrick G. Ngabonziza, Group CEO of Mobicash, said that P2P transfers alone, which typically end with a recipient converting e-money back to cash, are not enough to deliver on the company’s vision of a cash-free ecosystem.

“Instead, Warid MobiCash positions itself as ‘Much more than Money Transfer’ and typically promotes some combination of various services such as money transfer, airtime top-up, bill payments, and merchant payments. By doing so, Warid MobiCash provides consumers with options to use their electronic money rather than instantly converting it back into cash and can be termed as a “national payment instrument”.

Michel Elame, CEO of Warid Congo S.A, said: “The launch of Warid Mobicash is a true revolution on the Congolese market; we believed in it, and we did it! This new service is open to all Congolese and accessible through any local mobile network operator. The launch of Warid Mobicash confirms yet again, the status of Warid Congo as an innovator. We believe that this new born will strengthen our brand as well as our position on the market. So, “Make it happen” will not just remain as a simple slogan, but a true vision of our company striving to satisfy the users by always offering them exciting innovative services”.

Francis Okouele, Head of VAS of Warid Congo S.A, added: “Deploying the Warid Mobicash solution is a clear sign that Warid Congo intends to being the most innovative mobile phone network in Congo. Warid Mobicash opens up a world of financial transactions to the Congolese people. They can now, through their mobile phone, pay bills, buy airtime, and send/ receive money from all over the country, anytime they like, and regardless of their network operator. This is a unique innovative offering for the Congolese consumers.”

Ngabonziza concluded: “The banking system as we know it today is the most dividing and exclusive system in the society. Money should be identified to human right and dignity and transactions should be available to all citizens. For Warid and Mobicash Unserved doesn’t mean unservable and our partnership aims at extending financial services to all Congolese, thus deepening the financial sector.”