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Mobile finance solutions provider Comviva has partnered with Guinea Ecuatorial de Telecomunicaciones SA (GETESA) and Quitus Payments & Services to launch a digital payments platform in Equatorial Guinea.
This collaboration is set to enhance the country financial services by introducing digital payment services and the shift towards a cash-lite economy.
It leverages Comviva’s mobiquity Pay platform, enabling GETESA Money to offer a range of FinTech capabilities.
Customers can now get peer-to-peer transfers, bill payments, merchant payments, and more, facilitating a variety of daily transactions.
The platform is designed to support utility payments, grocery shopping, insurance premium settlements, satellite TV top-ups, and mobile airtime recharges, among other services.
In addition to facilitating digital transactions, mobiquity Pay will provide self-service options, backed by GETESA’s agent network. This will ensure accessibility for users throughout Equatorial Guinea.
Comviva is also set to deploy its next-generation converged communication and messaging cloud platform for GETESA. This solution integrates SMS, USSD, and Firewall services with various value-added services into a single platform.
Quitus Payments & Services will play a critical role in the deployment of the overall solution.
GETESA CEO Carlos Esono MIKO NSING said: “At GETESA, we are committed to making life easier for our customers by offering innovative solutions that meet their daily financial needs. This partnership with Comviva and Quitus Payments & Services S.A brings a powerful digital payments platform that will empower our customers with greater financial convenience and inclusion, enhancing their lives and contributing to Equatorial Guinea’s digital transformation.”
Comviva CEO Rajesh Chandiramani said: “By empowering GETESA Money S.A. with our mobiquity Pay platform, we are providing a trusted and convenient digital payments solution that aligns with GETESA’s vision to simplify financial transactions for its customers. Ultimately, this partnership not only drives financial inclusion but also sets a benchmark for a cash-lite economy in Equatorial Guinea, reinforcing our commitment to transforming financial landscapes worldwide.”