MTN Nigeria and other telcos team up as banks re-launch mCASH

Thursday 2 August 2018 | 10:05 CET | News
MTN Nigeria, all the major mobile operators and sixteen banks have teamed up with Nigeria Inter-Bank Settlement Systems (NIBSS) to re-launch mCASH, reports the Guardian. The mobile payment system for low-value retail payments is designed to extend e-payment options to low-income buyers and sellers who deal in cash.The MCash cashless initiative was first launched in 2016. MTN Nigeria CEO Ferdi Moolman, represented by the general manager of mobile financial services Usoro Usoro, said this shows what can be achieved when organisations work together for a common goal, to serve. 

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Categories: Mobile & Wireless
Companies: MTN Nigeria
Countries: Nigeria
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