Finance

DR Congo : Flash POS announces “the revolution in financial services and electronic sales”

Monday, 24 September 2018 09:34

Financial institutions in the Democratic Republic of Congo are seeking to bring millions of Congolese to the financial circuit, but the challenge seems to be more difficult because of the precarious economic and financial situation.

With a total population estimated at 90 million inhabitants, the rate of banking is currently recorded only at 6% of the active population. Several factors are basically causing the low rate of banking inclusion. First, this is due to the lack of trust in financial institutions and the low incomes of the Congolese population. Second, while financial solution seems to be precarious, bank account fees and charges remain high.

However, even for those who have a bank account or a mobile money account, shopping online seems to be an unsolved problem, as most financial institutions in DRC do not offer these services to their clients. Although today, where the era of digital revolution is underway, many services of everyday life could be offered online.

The company "Flash International" is among the precursors in Congo to offer these services through its mobile application Flash POS. A real revolution in the world of digital distribution thanks to the aggregation of value-added services most used by the Congolese population.

Flash currently distributes on its android platform the following services: Vodacom, Orange, Airtel, Africell, Canal +, EasyTV, StarTimes, Flash Cash money transfer and Flash Ticket.

Flash POS is a true fintech hub: intuitive, multi-product, with dynamic and real-time reporting. It is also an electronic, reliable and secure payment wallet that offers to everyone the possibility of money transfers and online purchases from their smartphone or from one of our 3500 flash agents.

For more information visit www.flash.cd

21630 flaspo

On the same topic
The Central Bank of Guinea plans a payment system modeled on Kenya’s M-Pesa. The initiative aims to reduce reliance on cash and expand digital...
The African Union launches the 2025–2034 Decade of Education and Skills Development. UNESCO supports regional programs to embed sustainability in...
Standard Bank to open Cairo office on Nov. 12, 2025 Office to boost trade links between Egypt, Gulf, and Africa Bank also seeks full license...
Wafa Assurance acquires 63.4% of Egypt’s Delta Insurance for $67M Deal boosts Wafa’s North Africa presence; plans full integration Egypt...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.