Warid Mobicash now in Congo

VALUE ADDED SERVICES

|
Image: By Mobicash
Warid Mobicash now in Congo

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.”



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE VALUE ADDED SERVICES NEWS

TNM pays K19.9m with mobile insurance

Malawian mobile network service provider TNM has announced that it has paid a total of K19.9 million worth of claims to beneficiaries of TNM Moyo Cover, the operator’s on-mobile life insurance policy. Read More

DRC mobile banking faces challenges in remote areas

Isidore Monga is a civil servant whose salary, like millions others in the Democratic Republic of Congo (DRC), is now being paid via mobile banking. Read More

Orange, Bank of Africa to offer new mobile financial services in Africa

In the coming months, Bank of Africa and Orange Money customers will be able to transfer money directly from their Orange Money account to their BOA account and vice versa simply with their mobile. Read More

Over 20m airtime advances through Pasavute

Net1 Mobile Solutions in partnership with Supa Pesa, has serviced more than 20 million airtime advance requests for the advance airtime service Pasavute from Telekom Networks Malawi (TNM).  Read More

Smart wearables market to generate $53bn hardware revenues by 2019

iWatch New findings from Juniper Research revealed that the global retail revenue from smart wearable devices will treble by 2016, before reaching $53.2 billion by 2019, compared to the $4.5 billion expected this year.  Read More

MFarmer SMS redefines market access for Ugandan farmers

Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.  Read More

University of Yaounde I adopts MTN Mobile Money

Karl Toriola MTN Cameroon has signed a partnership agreement with the University of Yaounde I for the use of the MTN Mobile Money solution by students for their financial transactions with the university.  Read More

Agents say Glo Xchange will empower Nigerians

Agents of Nigeria’s super mobile money agent network, Glo Xchange have commended Globacom for the platform which is aimed at deepening financial inclusion and promoting Nigeria’s electronic payment system. Read More

Tigo Tanzania launches mobile money savings service

Millicom-owned Tigo Tanzania has launched Tigo Wekeza - “Tigo Invests” - the world’s first mobile money service that allows customers to earn automatic returns on their balance. Read More

MasterCard, Apple to Integrate Apple Pay Cardholders for mobile payment

Apple has unveiled Apple Pay that will enable MasterCard cardholders to use their iPhone 6, iPhone 6 Plus and Apple Watch for everyday purchases.  Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

MFarmer SMS redefines market access for Ugandan farmersMFarmer SMS redefines market access for Ugandan farmers

Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures. 

IN DEPTH

NIG President speaks his mindNIG President speaks his mind

Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.

COMPANY NEWS

SAP innovation transforms how Governments conduct business

SAP Africa kicked off its public sector innovation roadshow in Johannesburg, to highlight how the SAP innovation solutions portfolio including, cloud and big data, supports all levels ...