Mobile money is conducted using the mobile telephone network and includes the use of mobile phones (The mobile phone become your cash wallet), agents and subscribers. It started in Kenya, as an alternative and fast way of sending money to recipients from the urban to rural areas most especially those without access to bank accounts. Mobile phones now significantly outnumber ATMs and bank branch network, giving mobile operators a level of reach far greater than money transfer providers and banks.
Nigeria, no doubt, remains the biggest market for mobile phones in Africa, with over 90 million telephone users and still counting. GSM, which gives unlimited mobile access, accounts for over 85 million lines while CDMA, which gives limited mobility access, accounts for the remainder.
Today, with just a click of the mobile phone button, calls can be made to anybody with a telephone line (Mobile or Fixed) connected to any network around the world. While the mobile phone has served the functions of making and receiving voice call, sending and receiving Short Message Service (SMS), it has as well taken on another function of being a tool for the delivery of money.
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-- Kindest Regards
sludba Team
4 Ikosi Road
Ikosi-Ketu Lagos-Nigeria234 805 783 8282
234 806 361 2572
234 809 514 5111
234 807 070 8795
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Mobile money is conducted using the mobile telephone network and includes the use of mobile phones (The mobile phone become your cash wallet), agents and subscribers. mobile money code
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