© MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan
Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel
Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN
Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar
Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar
Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology
2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith Wallington © MTN Group Technology 2006 Karel Pienaar Bryan Nelson Keith
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Mobile Payment Solutions
March 27th 2012
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Mobile Payment Solutions
>80% of Rwandan
population is unbanked
Most economic transactions
are cash based
GoR encouraging;
Financial inclusion for all
Increased use of ICT in rural
areas
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MTN Mobile MoneyBackground
MTN Rwanda is biggest telecom operator since 1998:
70% market share, 2.9 million subscribers (Feb 2012)
Network coverage extends over 98% of population
MM launched in Feb 2010
MM Agent network offering service at grass root levels
Improved ICT awareness (Mobile based)in rural areas
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Service is SIM based
Register using National ID/PP
Menu appears in Eng & Kiny
The role of the agent: Register new customers
(including SIM swap if necessary) Make deposits for registered
customers Pay out money to customers
Services offered include deposits, withdraws , buy air time, prepaid electricity on your phone and Bulk payment.
MTN Mobile MoneyHow does it work?
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MTN Mobile MoneyBusiness performance
MM users 417,000 users (End of Feb 2012) 600 agents across the country and
growing
Transactions : Min 1500 Frw- Max 500,000 Frw/day $ 81 M transacted since launch +17,000 daily transactions
Upcoming Services :• Bill Payment Solution• International Remittance • Micro Finance Solution
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MTN Mobile MoneyPartnerships
Banks and MFIs offering MM:
Agaseke, Amasezerano,
Duterimbere, Rwanda
Microfinance, Unguka+BK(soon)
Platform for Services:
Mobile Banking (130,000 users-
BPR)
Prepaid electricity (41,000
users/day-EWSA)
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MTN Mobile MoneyImpact/Benefits
More Rwandans (esp rural) access financial services
Enhanced use of Mobile phone as ICT tool
Services are closer to customers
Job creation and increased revenues (Agents/Dealers)
Value added services to banks and companies
Convenience at finger tips (MM, Mobile Banking & Prepaid
electricity)
Cost effective and time saving services
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Mobile Payment Solutions
Thank you
