Dubai, United Arab Emirates, 27 June 2019: Mondia, a leading private mobile technology company, announced their expansion of Direct Carrier Billing (DCB) services in Madagascar, Liberia, Botswana, Guinea and Tanzania. Mondia’s growing penetration in the African market brings the company’s global reach to well over 1 billion subscribers.
Mondia Pay, a division of Mondia, provides digital merchant services to mobile operator subscribers. The implementation allows for digital payment collections through DCB services or mobile money such as M-Pesa. According to a report by Edgar, Dunn and Company, only 10% of the African population has a debit or credit card, making digital solutions such as mobile payments the best choice. Mobile phone penetration is expected to reach 90% by 2020 in this region, of which 40% will be smartphones. Mondia’s DCB services seamlessly fit the region’s current and anticipated payment ecosystem, which primarily relies on digital solutions.
“We are excellently positioned to provide real solutions and the best digital experiences to a continent that is currently untapped. We see a lot of opportunity in Africa not only for merchants and operators to benefit from our frictionless mobile payment integrations, but we also see subscribers enjoying enriching premium services.
We are excited to go live in these countries, and to keep expanding our reach,” says Simon Rahmann, Mondia’s Chief Growth Officer.
Mondia is expected to further increase its footprint in the region by integrating its services in more African markets. Meanwhile, development is simultaneously underway to initiate the company’s DCB services in the APAC region for the first time in countries such as Malaysia and Indonesia.
About Mondia (mondia.io)
Mondia connects people to digital experiences and brands to endless opportunities. By understanding where the markets are going, understanding where tech fits in and using that knowledge to identify solutions that boost businesses and shift user experiences. What makes Mondia different from other international digital tech companies and a leader in delivering extensive content and digital services, is our ability to tailor existing offerings or custom-create new ones to solve brand/business challenges. We believe in possibilities. We connect to the future.
Media Contact
Nicolas le Roux
CMO Mondia
Tel: +971 50 557 5041
[email protected]
Janine Pinto
Marketing Executive Mondia
Tel: +971 52 510 4576
[email protected]
