Mobile Wallet for Telecom Companies in South Africa

What’s in e-wallet banking for your business?

Our team’s extensive financial background helps drive projects’ commercial outcome

With more than 15 years of C-level banking experience prior to fintech, each of us profoundly understands all the streams and chains and roles of all the involved parties. This helps our clients markedly increase MFS market share up to the industry leaders’ level.

What are the mobile wallet benefits for end users?

MFS telecom white label banking use cases

Contact us and get to know more

● Get in touch to schedule platform demo
● Tell us a few words on your business objectives
● Think of what integrations may be necessary
● Download and test a demo app
● We will outline the optimal cost for your custom solutionh
● Proceed with negotiations with merchants while we do deployment and integration, and then… get appraised for having best mobile wallet app after the launch 🙂

Future telecom solutions to boost ARPU

Mobile Wallet is a modern efficient solution for Telecom companies. mWallet is a payment app designed specifically to make any smartphone a non-cash paying device. It can be utilized as a digital storage as well. It is a comfortable way of making on-line transactions and in-app charges. For people without a bank account it is a perfect means of financial management, which enables them to receive, send and pay money.

Technology is constantly evolving and Telecoms are becoming more flexible in order to enhance customers experience. Among all the emerging alternative ways of communication, digital Wallet makes it possible for Telephone service providers to remain relevant and provides the following benefits:

● Gaining new subscribers;
● Building a strong and mutually beneficial relationship with subscribers;
● Receiving additional revenue due to providing new efficient and competitive services;
● Reducing maintenance expenditures with ready-to-use completely functional application;
● Providing subscribers with immediate and sufficient customer help (prepared FAQ on a separate chapter with easy access for anyone and an opportunity for users to ask any other questions via chat or a hotline, etc.)

White label – best solution to be on top

White label is a product or service produced by someone else, which allows you to purchase it and place your own brand name on it. It gives you the opportunity to acquire works of professional developers and utilize these for your advantage.

It has been proven that White label is a more profitable and convenient answer for businesses, which do not specialize in certain areas. For example, electronic Wallets are used by various agencies, and they can provide basically anything that may require on-line or in-app transactions. Network operators provide communication, while it is developers, who produce operating systems professionally. White label products have a list of clear advantages:

● Receiving a product or a service with guarantee of the best quality due to outsourcing a specific work to a professional team;
● Saving time and money which you can spend on other projects that require your attention;
● Providing an opportunity to expand your own business while focusing on your own job and leaving all the work outside your competence to the experts;
● Offering your clients the best products. Focusing on your objectives and purchasing additional features from other enterprises will ensure providing your customers with better experience.

Main idea of mobile app creating

Digital Wallet is created not only to benefit a business with any resources, but also to satisfy customers’ needs and enhance their experience while using this service. Subscribers can profit from various features included in ewallet, such as:

● Online top-up available anywhere and anytime;
● Instantaneous money transactions;
● Access to exclusive bonuses, limited offers and gifts;
● Various methods of paying, such as credit card, virtual money, etc.;
● Web financial management and planning;
● Cashback and bonus points for utilizing the service.

There are plenty of other benefits for both seller and the customer who chose to subscribe. Modern world is in constant development and requires contemporary resolution. Paying in cash started being replaced by using a more convenient credit card, but now you do not even have to carry it. Having software for global transactions on your smartphone makes working with network telecommunication providers significantly easier. And the same applies to any other purchases in your day-to-day life. The majority of smartphones, especially the ones on Android and iOS, support it. Accessibility and efficiency make this service a necessity for any consumer.