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
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
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.