Telepin Software, a
provider of mobile money transaction platforms, announced that Etisalat
Afghanistan has launched mHawala, its new mobile money services platform.
Telepin’s Cayman Transaction platform will be used by
Etisalat Afghanistan for a full mobile financial services offering that
includes central bank cooperation, banking ecosystem participation, utility
merchant involvement, and salary disbursement.
“Mobile density in Afghanistan is currently at 50
percent and is growing rapidly. However, 95 percent of Afghan’s do not have
access to banking infrastructure,” said Ali Asgharzadeh, chief commercial
officer, Enterprise, Etisalat.
“This unique market cross-section creates a need for
the investment we are making in Telepin’s Cayman platform. We can now introduce
a much-needed innovative service to the market with mHawala. We have chosen
Telepin because the company is a key leader and innovator in the mobile money
marketplace,” Asgharzadeh added.
Etisalat Afghanistan is the first mobile network operator
in Afghanistan to offer this entire range of mobile financial services.
Telepin’s Cayman Transaction Platform plays a key
operational role in the distribution and management of airtime, and will be
extended with subscriber wallets for MFS services.
“We understand transactions better than any general
value-added services infrastructure vendor and apply this knowledge to
forward-thinking operators such at Etisalat Afghanistan,” said Telepin CEO
By Telecomlead.com Team