MTN Swaziland has deployed Ericsson Converged Wallet, as the operator wants to introduce mobile financial services in the country.
The rollout impacts more than 275,000 existing MTN Swaziland mobile wallet users and 3,000 agents. The new platform serves as a mobile money hub solution, connecting MTN's operations in several countries. It also fulfils mobile financial services regulatory requirements enacted by Bank of Swaziland.
Ambrose Dlamini, CEO at MTN Swaziland, said: "Through our work with Ericsson, MTN Swaziland offers MTN Mobile Money to bridge the gap between the region's banked and unbanked populations, providing wide and crucial access to financial services. With our rollout of Ericsson Converged Wallet, we have enhanced the stability and security of our mobile financial services offering, while gaining the ability to deliver better mobile financial services offers and bundles as part of our pre-paid services."
Peter Heuman, VP and head of m-commerce at Ericsson, added: "MTN Group's deployment of Ericsson Converged Wallet in Swaziland follows a long history of our close collaboration in related areas. We are proud of the important work we are doing together with MTN across the region to bring mobile financial services to millions of people."