Comviva, the global leader in providing mobile solutions beyond VAS, announced that it has partnered with NationLink, one of the leading telecommunications service providers in Somalia, to launch its ‘e-maal’ mWallet service. Comviva is providing its award winning mobiquity™ mobile financial platform to enable NationLink to offer integrated financial payment service which empower subscribers to conduct a variety of transactions over the mobile.
This includes international inbound transfer, domestic money transfer, prepaid airtime e-top up, utility bill payments and mobile ticketing services.
The new mobile money service will be available across Somalia and will cater to under-banked and unbanked segments of the population. The service supports multiple transactional methods, including cash-to-bank, cash-to-cash, cash-to-wallet and wallet-to-wallet to maximize service access. The service fully complies with regulations and benefits from a robust, open ecosystem of multiple banks, money transfer operators, billers and service providers.
Commenting on the launch, Abdirizak Ido, President, NationLink Telecom said, “In a short span of time NationLink Telecom has become one of the leading telecom operators in Somalia. Today, people are looking for greater convenience from their mobile phone. By deploying Comviva’s mobile money solution, we are able to provide easy to use mobile wallet and remittance services. This step marks a significant milestone, as this is the first mobile money service in the region, which we are confident will transform the lives of people in Somalia.”