By Hassan I. Conteh
At the launch of a new mobile money app, a senior worker at BnB company, talks of the impact of fintech across Africa.
Fintech are a financial payment platforms all over Africa and the world.
Lately, last week Friday 23rd May this year, two financial money giants: Afrimoney and BnB signed a partnership to enhance financial inclusion payment among customers in Africa especially between Sierra Leone, Guinea, Liberia, Gambia, Senegal, Central Africa, US, Europe, and in Europe.
“We need to move money around whether you are in overseas or in Africa,” says Samuella Bangura, one of the mangers at BnB, a financial bureau known all over the world.
Referring to the launch of their BnB Overseas Moni (Overseas Money), Samuella explained how it is important today to have mobile money transaction payments systems all over in Africa and the world.
“[It] is a very important collaboration in making financial solutions to be convenient in our communities.
“We need to move money around whether you are in overseas or in Africa,” she says.
Financial technologies modern payments systems have taken a centre stage in people’s lives. Now people do business with others quite easily without having to on board flights and vehicles but almost all transactions are done through mobile money platforms.
Experts say fintech have been able to reduce too much workload, speed, time and waste of resources.
“Today’s trade is about trust, and trust is visibility, says Martinson Obeng-Agyei’s Afrimoney CEO, a telecom mobile money platform based in several countries in Africa.
Mr Obeng-Agyei said fintech mobile money app promises what he described as “a worry free” for those who send their money via fintech apps to friends and relatives in other countries.
“Recently, I traveled to the Gambia and I have a Gambia phone number and so I don’t need to call anybody to send me money.”
“Fintech can facilitate trade easily with no risk,” he said.
Afrimoney, which is a subsidiary of Africell, and BnB have provided their customers with the chance to send money via mobile apps to order goods elsewhere in the world.
“Today, we have put another power into your hands,” says Mr Obeng-Agyei, while encouraging Africell’s customers to access the new app by dialing up *161 * 1# and choose option 6 with the facility: Overseas Money. The mobile money apps do not require someone to have mobile top-up to be able to transact money between the sender and receiver of cash. Both partners said they work hard toward promoting a cashless society in Africa, and most especially for the benefits of their customers.
“People are in need of these kind of solutions. They are able to send money wherever they are,” says BnB’s Country Head, Mamadou Billy Kolade.