Africa is the first region in the world to experience the convenience and safety of Emida’s Cash and Transact™ solution. Teaming with mobile carriers and third party strategic partners deploying Cash and Transact™, Emida’s proven network infrastructure is now available in several African nations, including Nigeria, with expansion planned for the near future. With the solid Emida backbone in place, local merchants and big box retailers alike can offer consumers a prepaid option that’s better than cash.

Cash and Transact™ solves many of the problems faced by Africa’s unbanked population, especially the young, employed urban demographic remitting money home. Cash and Transact™ allows a user to load cash onto their mobile device in any amount for a low fee, and then use their mobile device like cash. Users can pay for taxi fares, buy groceries and transfer money safely and securely to family member in even the most remote locations. Users can also top-up their phone or a friend or family member’s phone, withdraw cash at an authorized agent, change languages and check their balance. Unique security pins can be changed at any time as an additional measure of protection.

This new form of mobile money revolutionizes the prepaid industry, and is good for consumers, merchants, carriers and service providers alike. No hard card inventory is required, and merchants offering Cash and Transact™ see increased ARPU, increased traffic and carry no hard card inventory. Emida’s system allows real-time reporting, and transactions can be completed over many common systems such as POSA, wireless POSA, PC terminals (web), cash registers, SMS and IVR.

Contact us today about African partnership opportunities, and start providing your customers with solutions for success in the prepaid industry.