If the deal goes well, Zambia’s StreetCred promises to extend the service to several other services including utility payments and as well encourage other Zambian mobile operators and airtime distributors to switch to Nomanini.
“The fact that it is truly mobile and built to physically withstand the rough operating requirements of the African market has made it easy for us to deploy it in locations that were previously not accessible to electronic voucher distributors (EVDs). The long battery life and car charger allow vendors to manage challenges associated with unreliable power supply and enable them to access remote markets,” said Prince Nyati, founder of StreetCred (Zambia) adding, “We are confident that this device will transform the airtime industry from a scratchcard-based market to an electronic one, and we are pleased to partner with Nomanini in its rollout in Zambia”.
Nomanini’s mobile POS allows users to sell airtime and electricity, insurance digitally and is easy to set up. It can also be used to do any other cash collection transaction. In August, the firm secured $450 million from IDC for its international expansion and the same month said it had hit 1 million transactions.
Nomanini was founded in 2010in South Africa and has opeartions in Kenya, Nigeria, Zambia and Mozambique.