The country’s largest mobile network operator – MTC, has entered the mobile payment market in partnership with MobiPay in a first step taken by a Namibian mobile network operator.
The partnership has resulted in MTC Money, which is a payment solution that allows MTC subscribers to conduct money transfers, make withdrawals, as well as deposit money.
The service also allows for buying airtime, payment for utility bills and point of sale payments at any MTC Mobile home, as well as the transfer of money between people, as long as they have a mobile number. The chairman of MobiPay Namibia, Amos Shiyuka, says the partnership between MobiPay and MTC is a significant milestone in the financial and mobile industry in Namibia, which will drive financial inclusion and contribute to the mobile money revolution in the country. “By contrast, network operators in other African countries have built thriving businesses on mobile financial services, especially money transfers and airtime top up,” said Shiyuka.
“When MTC looks at a mobile phone, we see more than just a device to make calls or send text messages. We see a new tool in the hands of a globally mobile workforce and an interacted connection to family and friends,” said MTC’s chief human capital and corporate affairs officer, Tim Ekandjo.
Source: New Era
