Haitian wireless operator Voila, a subsidiary of Seattle-based Trilogy International Partners, and UNIBANK, a Haiti-based bank, have launched T-Cash, a mobile money solution.
According to Trilogy International, by leveraging UNIBANK’s nationwide network of merchants and tapping into Voila’s base of over one million subscribers, this partnership creates a valuable financial ecosystem with the potential to impact millions of Haitians throughout the country.
In partnership with applications service provider MoreMagic, Voila and UNIBANK have delivered their mobile payment solutions in a secure, hosted, and fully managed environment.
With T-Cash, Voila subscribers throughout Haiti can complete domestic peer-to-peer money transfers, bill pay, payroll services, and expanded mobile commerce capabilities.
An initial and unique feature of the T-Cash service will be a ‘mini wallet.’ The mini wallet will allow Voila subscribers to immediately activate the T-Cash service and store up to 2500HTG.
Voila and UNIBANK are gearing up to establish over a thousand affiliated merchants and cash in/cash out locations throughout the country by January, 2011.
UNIBANK chairman Carl Braun said that the T-Cash service will be critical for the extension of banking services beyond traditional branches and the inclusion of the non-banked population particularly in rural areas. With the electronic wallet, financial services will be instantly available throughout the country.