Telecom

Flash and MTN Congo create a bridge to facilitate money transfers between two Congo

Friday, 01 October 2021 12:55
Flash and MTN Congo create a bridge to facilitate money transfers between two Congo

( FLASH ) - Access to a traditional bank account remains difficult for a large segment of the population in Africa, which does not facilitate international transfers of funds from one bank account to another. Today, mobile money is an alternative to bank accounts and an asset to facilitate money transfers in Africa.

 

MTN Congo is the leader in mobile money in Congo-Brazzaville, which offers these services to millions of people in cities and especially in the most remote areas where there are no banks nearby. Accessing your money from your mobile, sending money to loved ones, paying your everyday expenses, and receiving your salary on your mobile phone are the innovations that MTN-money has been able to bring to the Congolese populations.

And to allow its subscribers to receive money from DR Congo, MTN-Congo has entered into a partnership agreement with FLASH. This partnership creates a bridge between Congo-Brazzaville and Congo-Kinshasa and will allow individuals to transfer funds from DR Congo via Flash Cash directly to an MTN MoMo account in Congo-Brazzaville at the cost of only 1 USD whatever the value of the amount to be transferred.

Flash has a network of over 160 branches and nearly 4000 Flash agents in DR Congo where its Flash Cash service is available. In addition, its FlashApp mobile application also gives users access to this service directly from their smartphones and will allow them to transfer money from home to an MTN MoMo account without going to a Flash agency.

About FLASH International

Flash International is a regulated financial company working in FinTech. It provides the aggregation of value-added and financial services such as: money transfer, mobile money, Visa cards, bank transfers, mobile top-up, internet packages, television subscriptions, payments of taxes and merchant payment services for more than 3 million customers in the Central African region through its network of 160 own agencies and thousands of Flash agents. The FLASH distribution platform and financial hub has more than 30 different products in its innovative application “FlashApp” available on Google Play and on Apple Store. This mobile application is already operational in 3 African countries, Flash International currently has around 4,000 Flash agents who actively participate in the financial inclusion of unbanked communities. For more information visit http://www.flash.one/

About MTN Congo

MTN Congo SA is a subsidiary of the MTN group with its head office in South Africa. Launched in 1994, the MTN group has become, over the years, an international brand and has acquired great notoriety. Now listed on the Johannesburg Stock Exchange, this group, which began to expand in 1997, is now present in 22 countries from Africa to the Middle East. Launched in Congo in 2011, the MTN Mobile Money service quickly became the leader in the money transfer market in the country with more than 1,783,613 active customers. MTN Mobile Money has built its success on the accessibility and universality of service enabling millions of people excluded from the formal financial system to conduct financial transactions instantly, securely and reliably using mobile phones.

52882 tel





 
Finance


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

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

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.