Sub-Saharan Africa, a large part of the continent, shows a low level of financial inclusion, in particular, only 6% of the population in the Democratic Republic of Congo use banking services. However, in this era of globalization, with the advent of e-commerce, mainly paid remotely, some financial institutions provide innovative solutions in order to integrate as many people as possible into the financial circuit. One of the new instruments used to facilitate this financial inclusion is the FLASH MONEY/VISA prepaid card.

Flash is one of the first financial companies in Congo to launch on the market its own Visa card “FLASH MONEY”. Unlike other bank cards, the prepaid card FLASH MONEY becomes a real tool for financial inclusion of people with both high and low incomes, as it does not require a preliminary bank account, but only works with a direct deposit to the card.

In addition to financial accessibility, being an international Visa card, FLASH MONEY is an effective, safe and simple tool that offers a payment solution through various channels (online payments, etc.), it can be used in all ATMs in the world and in DRC, accepting Visa cards. Besides, the holder of the FLASH MONEY card can transfer money directly from one to another card.

Flash International enabled an additional option in FlashApp mobile application that allows to manage the FLASH MONEY card from the mobile application.

Flash International operates at 160 CFC agencies and nearly 4,000 Flash Agents, today the largest financial network in the region and covering the DR Congo and the Republic of Congo, which allows the Flash Money card holders to recharge their cards even in the most remote areas.

About Flash International

Flash International is a company working in FinTech, it offers financial services and value-added products in the African continent through its innovative digital distribution application. Its FlashApp mobile application is available on Google Play and soon on the Apple App Store. www.flash.one

About CFC (Compagnie Financière du Congo)

CFC in collaboration with Flash International, and thanks to the digital distribution platform from Flash, provides money transfer, electronic money, payments on bank account, Visa cards, phone recharges, internet packages, television subscriptions, tax payments, as well as other value-added services. Today it executes more than a million transactions per month through more than 4,000 points of sale.