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AppDate: MTN ramps up international transfers
In his latest app roundup, SEAN BACHER focuses on MTN Homeland, big growth in FNB’s eWallet spend, Nedbank’s Money App Lite, Afri Ride and iKhokha Vend.
MTN Homeland
MTN is ramping up its efforts to enhance access to digital and financial services for its customers. The company’s latest fintech innovation is a mobile remittance application – MTN Homeland – aimed at facilitating money and airtime transfers from Europe to Africa and parts of the Middle East.
MTN Homeland allows remittances from Europe to Cameroon, Congo Brazzaville, Ghana, Guinea Conakry, Rwanda and Uganda, while airtime can be sent to Afghanistan, Benin, Botswana, Cameroon, Congo Brazzaville, Ivory Coast, Ghana, Guinea Bissau, Guinea Conakry, Liberia, Nigeria, Rwanda, South Africa, Swaziland, Uganda, Yemen and Zambia.
MTN Homeland also supports MTN’s contribution to the achievement of the tenth UN Sustainable Development Goal, which is to reduce inequality within and among countries. One of these SDG’s targets is to reduce the price of remittances to under 3% of the value of the remittance into Africa. MTN Homeland has been priced with that target in mind.
Platform: Any device with an up-to-date Internet browser
Expect to pay: A free service
Stockists: Visit MTN Homeland here
Read more about FNB’s increased usage in eWallets, Nedbank’s new Money Lite app, Afri Ride app for ride sharing, and iKhokha Vend.
