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Economy - Development | Society
Mobile money transfer system now avalable in S/Leone
afrol News, 18 September - Mobile users in Sierra Leone can now make their transactions using the thumbs commands, thanks to the collaboration of Splash Mobile Money Limited and MoreMagic Solutions, which has announced the availability of Sierra Leone's first mobile money transfer system.
The deal makes it possible for Splash customers in Sierra Leone to now send money using just the mobile phone quickly, easily, cheaply and without any requirement to have a bank account.
Customers will use the service by visiting a Splash agent location, including branches of GT Bank and by completing a free registration, purchasing SplashCash(TM) and sending it by text to any Zain or Africell mobile phone. The recipient then exchanges the SplashCash(TM) for cash at any agent location.
Agents are currently concentrated in Freetown, Bo, and Makeni, with many more locations due to open throughout Sierra Leone before the end of the year, according to the company.
"Splash promises to provide access to basic financial services to many Sierra Leoneans for the first time," said Ben Farren, Director of Splash. "Unbanked customers can now send money across the Country at the touch of a button," he added.
"In Sierra Leone, mobile phone customers often travel far from home to support their families, and managing salaries in a secure way can be a challenge," said Pankaj Gulati, chairman and CEO, MoreMagic Solutions. "MoreMagic Solutions is pleased to support Splash in delivering SplashCash, a truly innovative way for customers to manage their household money using the mobile phone."
By staff writer
© afrol News
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