Haiti Mobile Money Reaches 5 Million Transactions


Jean Louis Thomas [Gates Foundation File]

submitted by Theresa Bernardo

defend.ht - by The Digicel Group - July 11, 2012

PORT-AU-PRINCE, Haiti (defend.ht) - Digicel/Voila reached five million mobile money transactions summing up to $52 million and was rewarded by the Haiti Mobile Money Initiative of USAID and the Bill and Melinda Gates Foundation at the Karibe Hotel on Tuesday.

Wednesday, July 11, 2012: It was yesterday, in the Akajou room fo the Karibe Hotel that the two mobile operators, Digicel and Voila were rewarded by Haiti Mobile Money Initiative (HMMI) for achieving 5 million transactions. This project is an initiative of USAID (U.S. Agency for International Development) and the Bill and Melinda Gates Foundation with the goal of bringing basic financial services to the Haitian people. This milestone of five million transactions is a testament to how quickly the mobile wallet was developed in just two years in Haiti.

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Living in a Cashless Society

submitted by Theresa Bernardo

techtalkafrica.com - by Niyi Aderibigbe - June 7, 2012

After decades of cash use, there has been a call from different quarters for an alternative means of transaction. With globalization advancement in technology, many models of cashless transactions have emerged. Use of debit and credit cards to pay for goods, electronic transfer of money through banks, internet banking, mobile money, etc. has become the order of the day. Contrary to the belief of some people that a cashless society might be a mirage, it has become a dream for many countries of the world which is gradually coming true.

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Posted by Kathy Gilbeaux on Mon, 07/16/2012 - 22:01
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