Namibian MTC Unveils Mobile Money Service

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Namibia’s Mobile Telecommunications Limited (MTC) has partnered with Mobicash Payment Solutions (Pty) Ltd to offer mobile payment solutions in Namibia.

MTC Money is a money tranfer service that is powered by MobiPay. Customers can register at any Mobile Home, Nampost, Pick ‘n Pay stores countrywide, Woermann Brock central and coast. Registration forms are available on www.mtc.com.na for download. To pay for your shopping at selected merchants and agents simply look out for the signage of “MTC Money available here”.

“When MTC looks at a mobile phone, we see more than a just device to make calls or send text messages. We see a new tool in the hands of a globally mobile workforce and an interacted connection to family and friends, enthused Tim Ekandjo, Chief Human Capital and Corporate Affairs Officer. “A key part of the MTC business strategy is to offer customers multi-products, multi-platform convenience and choice. MTC Money capabilities provide consumers with an option to send and receive funds, do payments where and when they want, where MTC has network coverage.”

MTC Money is a very secure and affordable solution, which has the added benefit that MTC Money services are available where MTC has network coverage; money is available immediately after deposits.

“One can say that we are bringing mobile payment solutions to the unbanked; we are investing in communities and giving them convenience and affordability. This is especially relevant for Namibia as the market for financial services has yet to fully mature – whereas the mobile phone revolution has taken one step into the realms of global village connectivity. ”, he continued.

This service strengthens our position as market leaders in innovation and bringing new mobile technologies.

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