Leading provider of payment solutions, Ingenico, has partnered with eMoney to launch a money transfer technology which will implement Vertical market’s solutions. This will give the unbanked population of Africa access to financial services.
Both companies aimed to give individuals in Africa the ability to use their cutting edge technology to make money transfers. The solution will be presented at Cartes Afrique in Marrakech, on April 25-26.
Ingenico provided its wireless terminal to Post Offices throughout seven African countries to instant success. The technology will be deployed across more African countries throughout 2013.
Director of eMoney, Hervé Tairou, said: “We are thrilled to have partnered with Ingenico to make this money transfer service available to workers in Africa, who have until now lacked an affordable, secure and fast means to send part of their earnings to families back home.”
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