MTN Congo S.A. is happy to announce to all of its stakeholders that, under decree n°2708/MFBPP-CAB of 27 May 2022, its subsidiary Mobile Money Congo, or MMC S.A for short, has been established. It claims it is the first company to offer electronic in Central Africa.
Mobile Money Congo S.A. is now permitted to offer payment services such as transfers & withdrawals, purchases of credits & telephone plans, payment of invoices, salaries, taxes & duties, collections & funds, as well as receiving international transfers.
This approval represents a significant milestone in the development of the Mobile Money service and identifies this service as a major contributor to the acceleration of financial inclusion for more than a decade. MMC S.A., the Congolese leader in mobile payment, will offer more creative, secure, and easy-to-use solutions throughout the country and the CEMAC region.
Read also Huawei Partners MTN to Build 5G-Powered ‘Smart Mine’
Mobile Money Congo S.A. is more than 3 million accounts opened, a network of more than 25,000 approved Agents, 20,000 points of sale using Mobile Money as a payment method, and more than 30,000 direct and indirect jobs created in the Democratic Republic of the Congo.
Even with this new status, MMC S.A will continue to strive to provide the best customer experience possible by making all Mobile Money services accessible via the standard channels.
Mobile money Central Africa Mobile money Central Africa
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh