Mobile Money Transfer

Mobile Money Transfer is a service that enables instant money transfer from one place to another place using a mobile phone.
Under this service, the customer just needs to have a mobile phone while the actual transmission of the money is initiated by the TMT. This service is a boon for those sections of our society who regularly remit money to their homes at faraway places, and who have no access to any other financial institution such as a bank account. For the benefit of our customers, a rationalized tariff structure has been adopted for such services.
By having a telecom company as part of the network, we have a distinct competitive advantage of serving a very large customer base. An exemplary example is the EVC plus; whereby we transfer money directly to our customers’ mobile phones in Somalia at any given time. The sender will receive a confirmation message of delivering the money instantly. Such a mechanism has been admired by providers and receivers in the areas where security is a concern.
Besides, TMT is willing to jointly develop proper documentation that match the internal procedures of these organizations. We are unique in this matter, whereby we are ready to establish a special desk for such a purpose, with a special phone line and contact person. With the help of these agencies, our staff at this desk will be given special training related to agency rules and regulations governing money transfer.
Since many humanitarian projects take place in remote areas, our telecom/transfer infrastructure adequately shortens the distance and avails funds to such areas.