The Next Wave of Mobile Financial Services-01 greg reeve

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The Next Wave of Mobile Financial Services-01 greg reeve

Transcript of The Next Wave of Mobile Financial Services-01 greg reeve

Page 1: The Next Wave of Mobile Financial Services-01 greg reeve
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Innovation and M PESAInnovation and M-PESAInnovation in the M-PESA Mobile Money System

d f / twww.vodafone.com/vmt

Greg ReeveHead of Mobile Payment Solutions

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Per monthPer month

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Vodafone Money Transfer – Our markets

Kenya

L h d M h 2007

Tanzania

• Launched• Launched March 2007

• Over 13.5M registered customers

• Over 22K agents

• Launched April 2008

• Over 6M registered customers, 5K agents

• Over 22K agents

• Over 300 paybill companies• Growth last year 600%

Afghanistan• Launched

February 2008

South Africa• Launched

A g st 2010

Fiji• Launched

June 2010February 2008

• Full proposition –leading the way with salary disbursement

August 2010

• Banking partnership with Nedbank

• Largest Money T f tl t

June 2010

• Over 250K customers

Transfer outlet footprint in SA

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Key success factors

E

Vodafone Money Transfer

TL E

A B

L

R E

A S

M P

O R

D

C U

F

S I

A F

F O

S E

T R U S TA

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M-KESHO – financial inclusion

21% and 3%21% and 3%

650 000650,000

Over $40M$

ZeroZero7 Vodafone Money Transfer 20 February 2011

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Ultra Low Cost Handsets

C f t t

Vodafone 150&252With B&W or colour display

Common feature set

> Voice & SMS> Memory: 4MB (Phonebook: 100 entries)> FM Radio> FM Radio> Torch light> Battery: 500mAh (Stand-by: Up to 400h. Talk

time: Up to 5h) – 252 has 700mAh> GSM 900/1800> Polyphonic ringtones > Vibration> Hands free> Hands free> Alarm clock > Calculator> Currency converter> 2 embedded games> Mini USB connector

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Partnerships

+ =

++ =

=+

+ =

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Customer Service

> Customer Care Handset – reducing queues and serving customers

> Agent Handset – all that is required to register and serve customers – ‘what we do must work in the Rift Valley’

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Insurance – Kilomo Salama

Confirmed your Insurance request has

been successfully

EQUITYBANK

yprocessed. Policy No.

123/456/7/891011 2010/12. Benefits

Statement. Expiry Date is 18-May 2011.

Source: http://allafrica.com/stories/201009220546.html

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Emergency Credit

Ksh 100 toKsh 100 toK h 5000Ksh 5000

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Thank you

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