MTC Launches Namibian Mobile Money Service

Mobile Telecommunications Limited (MTC) Namibia, a network and Telecommunications Company, has partnered with Mobicash Payment Solutions (Pty) Ltd, trading as MobiPay to offer mobile payment solutions in Namibia.

MTC Money is a payment solutions that allows you to use your cellphone to transfer/withdraw/deposit money, buy airtime, electricity, pay bills and make Point of Sale (POS) payments at any MTC Mobile Home, MobiPay, Agents and Merchants countrywide. The service is available on all types of mobile phones.

MTC Money can also be used to transfer money to any MTC number or subscriber using your mobile phone, as well as non MTC Users, e.g subscribers from other network operators. Functions of funds transfer that can be done on the MTC Money are deposits, withdrawals and transfers from or to another account.

MTC Money is powered by MobiPay. Customers can register at any Mobile Home, Nampost, Pick ‘n Pay stores countrywide, Woermann Brock central and coast. Registration forms are available on for download. To pay for your shopping at selected merchants and agents simply look out for the signage of “MTC Money available here”.

“When MTC looks at a mobile phone, we see more than a just device to make calls or send text messages. We see a new tool in the hands of a globally mobile workforce and an interacted connection to family and friends, enthused Tim Ekandjo, Chief Human Capital and Corporate Affairs Officer.

With more than 2 million mobile subscribers, it is clear that mobile platforms have become an essential element of our consumers’ lives and we thought that how we can enhance this technology better, says Ekandjo.

Ekandjo added “A key part of the MTC business strategy is to offer customers multi-products, multi-platform convenience and choice. MTC Money capabilities provide consumers with an option to send and receive funds, do payments where and when they want, where MTC has network coverage.”

MTC Money is a very secure and affordable solution, which has the added benefit that MTC Money services are available where MTC has network coverage; money is available immediately after deposits. In addition it has neither registration fees nor monthly fees.

“One can say that we are bringing mobile payment solutions to the unbanked; we are investing in communities and giving them convenience and affordability. This is especially relevant for Namibia as the market for financial services has yet to fully mature – whereas the mobile phone revolution has taken one step into the realms of global village connectivity. ”, he continued.

This service strengthens our position as market leaders in innovation and bringing new mobile technologies. In addition, it will immediately impact mobile phone users who have the need to access funds whilst being continuously on the move, Ekandjo concludes.

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