Hi there i really enjoyed the mobipay talk yesterday, lot of information were shared. the talk took place at NBIC. The co-founder of mobipay Amos Shiyuka was the one telling the history of how he came up with mobipay. He was real encouraging and motivating the younger entrepreneurs on how to be success in business and not to give up on their great innovating ideas but to pursue them with good hope.
Mobile Money is a new and fast growing alternative payment method that is expanding and catching on globally and can be used by everyone who owns a mobile phone.
“If I can put it in simple terms – it is cash on your mobile phones, which allows you to do shopping, pay, or purchase goods and services and send money to anyone at anytime of the day – all from your mobile phone" says Shiyuka.
“Although it is a new service on the Namibian market, it is easy to understand especially if the customers are shown most of the features and capabilities at once on their mobile phone device,” Amos Shiyuka who is the Executive Director of MobiPay says.
Through the MobiPay brand, the company offers money transfers, purchase of prepaid airtime and electricity, point of sale payments at supermarkets or retailers, bill payments, as well as deposits and withdrawals from MobiPay accounts.
Besides valid identification needed to open an account with MobiPay, one needs a cell phone whose cell number will become the MobiPay account number.
Account holders do cash deposits at any of the MobiPay branches and agents. Alternatively, they can do an Electronic Fund Transfer from their bank accounts into their MobiPay account using their mobile phone numbers as reference.
With the introduction of MobiPay, Namibians have seemingly overcome their technophobia and the product is said to have received an overwhelming support from Namibians, young and old.
Also, the fact that the technology is affordable and accessible to people from all walks of life has been a plus, point says Shiyuka.
Mobile Money is a new and fast growing alternative payment method that is expanding and catching on globally and can be used by everyone who owns a mobile phone.
“If I can put it in simple terms – it is cash on your mobile phones, which allows you to do shopping, pay, or purchase goods and services and send money to anyone at anytime of the day – all from your mobile phone" says Shiyuka.
“Although it is a new service on the Namibian market, it is easy to understand especially if the customers are shown most of the features and capabilities at once on their mobile phone device,” Amos Shiyuka who is the Executive Director of MobiPay says.
Through the MobiPay brand, the company offers money transfers, purchase of prepaid airtime and electricity, point of sale payments at supermarkets or retailers, bill payments, as well as deposits and withdrawals from MobiPay accounts.
Besides valid identification needed to open an account with MobiPay, one needs a cell phone whose cell number will become the MobiPay account number.
Account holders do cash deposits at any of the MobiPay branches and agents. Alternatively, they can do an Electronic Fund Transfer from their bank accounts into their MobiPay account using their mobile phone numbers as reference.
With the introduction of MobiPay, Namibians have seemingly overcome their technophobia and the product is said to have received an overwhelming support from Namibians, young and old.
Also, the fact that the technology is affordable and accessible to people from all walks of life has been a plus, point says Shiyuka.
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