Friday
April 20
2018

Tunisia operators make mobile money interoperable

By Chris Donkin

Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.

Tunisia money operators launch interoperability

Mobile operators Ooredoo Tunisia, Tunisia Telecom and Orange Tunisia all offer money services in the country and – in one of a number of measures included in the government’s Digital Tunisia 2020 initiative – customers of the three are now able to seamlessly transfer cash.

A statement from Tunisia Telecom confirmed its interoperability brand TelecoMoney launched earlier this week and was able to transfer funds to other mobile wallet providers. A second phase is scheduled to incorporate transfer to other financial institutions.

Photo courtesy of Institute for Money, Technology and Financial Inclusion.

Source: Mobile World Live (link opens in a new window)

Categories
Inclusive Fintech
Tags
financial services, fintech, mobile money, regulations, telecommunications