Ericsson powers MTN Rwanda Mobile Money Service
(Thomson Reuters ONE) -
* MTN Rwanda has commercially launched Ericsson Converged Wallet
* Rollout will make easy to use, next-generation financial services widely
available and enables MTN Rwanda to respond rapidly to customer preferences
* Seamless integration with prepaid systems supports cross-bundle offers and
incentives
Ericsson (NASDAQ:ERIC) today announced that MTN Rwanda has deployed its
Converged Wallet m-commerce solution. The launch brings easy-to-use, next-
generation mobile financial services to MTN Rwanda's subscribers, including
mobile phone users that do not have access to traditional banking services.
Ericsson is providing the operator with a flexible, reliable and efficient m-
commerce solution that includes Ericsson Converged Wallet, systems integration
and operational support.
"Optimizing the mobile money experience directly impacts consumer stickiness and
with Ericsson Converged Wallet, we can now respond rapidly to requirements from
consumers and merchants and provide reliable services. Paying your bill or
sending money to family and friends has never been easier" said Pieter Verkade,
MTN Group Chief Commercial Officer.
Ericsson Converged Wallet enables MTN Rwanda to quickly introduce relevant, new
and differentiated mobile wallet end-user services to its mobile money
customers. With Ericsson Converged Wallet, MTN can seamlessly launch new offers
and bundles that integrate telecom prepaid services with mobile money services.
"Ericsson Converged Wallet helps MTN Rwanda offer the convenience of m-wallet
financial services across its entire subscriber base," said Bjorn Engstrom, Head
of M-commerce, Ericsson. "This breakthrough deployment is yet another example of
MTN's ongoing commitment to innovation and customer satisfaction."
Ericsson has a strategic partnership with MTN Rwanda parent company, MTN Group
(JSE: MTN), to ultimately introduce Ericsson Converged Wallet across the
operator's footprint. MTN Group has more than thirteen million mobile money
subscribers throughout 14 countries in Africa.
"With the new Ericsson Converged Wallet platform, we are looking forward to
bringing more innovation into the Rwandan market. We want to continue leading
the market in terms of breadth and quality of services. We expect to see a
positive impact for both our partner agents and our customers," said Ebenezer
Asante, CEO of MTN Rwanda.
According to 2012 World Bank estimates, only 1.5 billion people in the world
have a bank account, but more than 1.7 billion people who don't have a bank
account have access to mobile phones.
Part of the Ericsson M-Commerce portfolio, Ericsson Converged Wallet is an
integrated mobile wallet solution that combines the company's wallet and
charging platforms. It allows operators to reuse existing assets and bundle
telecom offerings with financial services to create a complete end user solution
for m-commerce needs. Ericsson's m-commerce solutions help operators succeed in
the mobile payments market by accelerating the interconnection between the m-
commerce ecosystem and the financial world.
NOTES TO EDITORS
About the MTN Group
Launched in 1994, the MTN Group is a leading emerging market operator,
connecting subscribers in 22 countries in Africa, Asia and the Middle East. The
MTN Group is listed on the JSE Securities Exchange in South Africa under the
share code: "MTN."
As of 30 September 2013, MTN recorded 203.8 million subscribers across its
operations in Afghanistan, Benin, Botswana, Cameroon, Cote d'Ivoire, Cyprus,
Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo
(Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria,
Uganda, Yemen and Zambia. Visit. Visit us at www.mtnbusiness.com , www.mtn.com
and www.mtnmmo.com .
To learn more about Ericsson's m-commerce solutions, visit:
http://www.ericsson.com/ourportfolio/telecom-operators/m-commerce
http://www.ericsson.com/openmoney
Download high-resolution photos and broadcast-quality video at
www.ericsson.com/press
Ericsson is a world-leading provider of communications technology and services.
We are enabling the Networked Society with efficient real-time solutions that
allow us all to study, work and live our lives more freely, in sustainable
societies around the world.
Our offering comprises services, software and infrastructure within Information
and Communications Technology for telecom operators and other industries. Today
40 percent of the world's mobile traffic goes through Ericsson networks and we
support customers' networks servicing more than 2.5 billion subscriptions.
We are more than 110,000 people working with customers in more than 180
countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In
2012 the company's net sales were SEK 227.8 billion (USD 33.8 billion). Ericsson
is listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations(at)ericsson.com
Ericsson powers MTN Rwanda Mible Money Service:
http://hugin.info/1061/R/1744123/586848.pdf
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Source: Ericsson via Thomson Reuters ONE
[HUG#1744123]
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Datum: 19.11.2013 - 10:00 Uhr
Sprache: Deutsch
News-ID 317975
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