Ericsson supports Tigo Mobile Wallet introduction in Senegal
(Thomson Reuters ONE) -
* Millicom's Tigo has commercially and operationally put Ericsson Wallet
Platform in service to deliver Tigo Cash mobile financial services in West
Africa
* Tigo offers the ability to make payments, store, transfer and withdraw money
using a mobile device
Ericsson (NASDAQ:ERIC) today announced that Tigo Senegal has launched Tigo Cash
service based on the Ericsson Wallet Platform Solution. The rollout brings
simple, mobile financial services to Tigo Senegal's subscribers throughout West
Africa, including those who do not have access to traditional banking services.
Ericsson Wallet Platform supports the launch of services that makes sending
money as easy as sending a text and receiving money as simple as answering a
phone call.
Tigo, which is owned by Millicom Group, is aiming for Tigo Cash to become the
preferred payment method in Senegal. Continued uptake of the service supports
key objectives around boosting customer loyalty, developing new revenue
opportunities, improving subscriber satisfaction and reducing churn.
Diego Camberos, Managing Director of Millicom (Tigo) in Senegal, says: "Mobile
financial services are highly important to our subscribers and to drive
continued success, it was important for us to speed up an easy to use, secure
and reliable offering to market. Ericsson has been an important partner for us
in launching Tigo Cash to our entire subscriber base, ensuring that we're able
to scale to meet the high demand we anticipate as sign-ups continue to
increase."
Ericsson Wallet Platform is part of Ericsson M-Commerce portfolio available for
mobile operators as well as financial institutions, used to deploy mobile money
services that subscribers use to make payments, store, transfer and withdraw
money. The Ericsson Wallet Platform is built on a highly secured, real-time
platform with open API's, integrated security and functionality to meet local
compliance rules and regulations.
Peter Heuman, VP, Head of M-Commerce, Ericsson, says: "Ericsson is helping Tigo
and its partners make mobile money for the unbanked and underserved a reality in
West Africa. Beyond this important deployment, we continue to work with
operators and financial institutions globally to support the fast rollout of
mobile financial services that transform how local businesses interact with
customers, and provide a safer way to store, send and receive money."
Ericsson provides professional services such as business planning, compliance,
integration and process consulting from its Global Competence Hub and the Global
Service Centers located around the world. Ericsson forms strategic m-commerce
partnerships with its customers to support the complete life cycle of mobile
financial services, establish new business models and build value together to
evolve our society, locally and globally.
Ericsson is driving the second generation of mobile commerce development by
connecting banks, money transfer organizations, mobile payment and mobile wallet
service providers. Ericsson is focused on forming a more flexible and
transparent financial ecosystem that makes it easier for mobile operators,
financial institutions and other service providers to quickly launch mobile
financial services and realize a shorter time to revenue.
NOTES TO EDITORS
For more information about Ericsson m-commerce solutions, visit:
Ericsson M-commerce portfolio
Open Money
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www.ericsson.com/press
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FOR FURTHER INFORMATION, PLEASE CONTACT
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Tigo Senegal Mobile Wallet:
http://hugin.info/1061/R/1870647/657910.pdf
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Source: Ericsson via GlobeNewswire
[HUG#1870647]
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Datum: 12.11.2014 - 10:00 Uhr
Sprache: Deutsch
News-ID 351724
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