Cable & Wireless Panama Launches Mobile Money Service
Published on: 12th May 2014
Note -- this news article is more than a year old.
Cable & Wireless Panama (CWP) has launched MovilCash, Panama's first mobile money service.
MovilCash allows any customer of CWP's +Movil mobile service to use their mobile handset as an electronic wallet which can transfer money, top-up credit and purchase goods and services.
One of the first services to adopt MovilCash is Panama's highway toll company, ENA. MovilCash customers will be able to pay for toll roads using their mobile phones.
MovilCash is based on a technology platform supported by MetroBank, a Panamanian bank.
To use the system +Movil customers will need to register in any CWP store or through an authorised MovilCash agent.