MTN Swaziland offers mobile financial services with Ericsson
Published on: 8th Jul 2015
Note -- this news article is more than a year old.
Ericsson says that MTN Swaziland has deployed Ericsson Converged Wallet, enabling the operator to quickly introduce new mobile financial services.
The rollout impacts more than 275,000 existing MTN Swaziland mobile wallet users and 3,000 agents.
The new platform serves as a mobile money hub solution, connecting MTN's operations in several countries. As a hub solution, the reusability of products and services across regions improves time-to-market and operational efficiencies.
The latest rollout is part of Ericsson and MTN's partnership to launch mobile wallet services across the operator's footprint. It also fulfills mobile financial services regulatory requirements enacted by Bank of Swaziland. By making financial transactions, subscribers are now able to accumulate loyalty points toward MTN services, initiate loan requests and receive money from a range of access channels.
Ericsson replaced MTN Swaziland's existing mobile wallet platform. This migration was supported by dedicated m-commerce delivery teams at Ericsson's Global Competence Hub, an organization that unites Ericsson experts around the globe.
Peter Heuman, VP, Head of M-Commerce, Ericsson says: "MTN Group's deployment of Ericsson Converged Wallet in Swaziland follows a long history of our close collaboration in related areas. We are proud of the important work we are doing together with MTN across the region to bring mobile financial services to millions of people."