Tuesday, July 19, 2011

Monitise Nigerian Mobile Money Pilot Gets 6,700 Users

Mobile money services provider Monitise has signed up 6,700 users for a test of mobile money services in Nigeria. Some 160 agents working in four cities

Monitise has built a network of 160 agents in four cities across Nigeria since March 2011. The initial launch uses authorized agents in in corner shops, news-stands and market place kiosks, allowing Nigerians deposit cash and checks, send money to each other and withdraw funds without the need for a bank account by using a mobile phone.

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