Unbanked Mobile Money Transaction Platform

Unbanked mobile Money Transaction Platform

In emerging markets mobile telecommunications are transforming the way in which business and financial transactions are managed. New business models are quickly being established based on micro financing and micro business. Mobiva Money allows your subscribers to send money via mobile to any other mobile instantly, securely and without the need for a bank account.

Mobilis has been building realtime rating and billing platforms for 15 years. We understand mobile transactions better than any general VAS vendor on the market. The Mobiva Money financial transaction platform is a primary extension to the Mobilis product suite.

The Mobiva Money transaction engine is event-based, which allows it to collect and process data from a variety of sources, simultaneously and most importantly in realtime. Events from a single user can be processed simultaneously so operators can offer the same services to a prepaid customer that they offer to a postpaid customer. There is no leakage and no negative charging.

Key Benefits

  • Provide banking services otherwise out of reach to the unbanked population
  • Distinct competitive advantage over operators not offering mobile financial transaction services
  • Strong customer acquisition
  • Establishes new levels of stickiness between the operator and subscriber
  • Large scope to incorporate loyalty programmes and promotions
  • Reduction in churn of almost two-thirds on all pre-pay accounts
  • Significant new revenue stream, typically generating one additional SMS for every two subscribers daily
  • Interest generation on the underlying float of money deposited by subscribers

Assured Success

  • Addresses a fundamental human need to transact goods and services
  • Builds upon what is already in the market place; i.e. phones, SIM cards and agent channels to market
  • Does not require the introduction of new consumer technology
  • The service is configurable to match all Operator's existing business rules
  • Organic media attention enhances your presence in the market place
  • Core use of USSD and SMS provides a dynamic system supporting rapid innovation
  • Additional IVR, STK, GPRS/WAP and IP interfaces available
  • A mostly closed eco-system that is not reliant on other parties
  • UNBANKED SERVICES FOR:
  • Money Withdrawal
  • Money Deposit
  • Money Transfer
  • Airtime Topup
  • Account Details
  • Promotions
  • Bill Payment
  • On-net to Off-net Support
  • Flexible Agent Commissions & Fee Structures
  • Multiple Interface Support