Zimbabwe’s mobile network operator NetOne has
teamed up with digital security provider Gemalto to offer its
unbanked customers a mobile money transfer service – ‘OneWallet’.
The OneWallet service allows NetOne
subscribers to make P2P payments, pay bills and top-up prepaid
phone cards. In a bid to ‘empower the unbanked’ the platform will
also allow users to have their salaries paid directly onto their
mobile phones.
Go deeper with GlobalData
NetOne also plans work with the Government of
Zimbabwe and Pension Fund schemes to allow the OneWallet service to
be used for pension payments.
“NetOne will bring banking services to even
the most remote areas in Zimbabwe,” said Philippe Vallée, EVP for
Gemalto.
“We look forward to supporting NetOne in their
efforts to revolutionise Zimbabweans’ everyday lives in this and
other future innovative projects.”
Gemalto’s LinqUs solution provides the server,
user application and system integration services to power the
OneWallet solution.
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By GlobalDataThe number of active users of mobile money
services is predicted to double over the next two years reaching
over 200m by 2013 with 40% of these users expected to be located in
the Africa and Middle East region by 2015, according to research
firm Juniper Research’s Mobile Money Transfers and Remittances:
Markets, Forecasts and Vendor Strategies 2011-2015 report.
