For ethicPhone, the deal means that international transfers can be made instantly via their mobile app, even for users in the most rural areas. By integrating Be-Bound’s SDK, ethicPhone will be the first international mobile payment operator to enable Ivorians to receive international transfers anywhere across the country, including areas typically out of range, accessible even to users without bank accounts.
According to Mouhamed Diakite, Founder and CEO of ethicPhone, “PayPal and Western Union are both examples that prove the enormous need for an easy exchange of money internationally, and we know that ethicPhone can provide an even better service! Our decision to partner with Be-Bound will expand our market reach beyond anything these companies can offer.”
The ethicPhone app powered by Be-Bound’s augmented connectivity will first be launched in the Ivory Coast, with subsequent deployments across Africa.