Mobile Financial Services

With IN Switch’s MFS Suite – Mobile Financial Services – Mobile Operators and Financial Institutions can quickly launch mobile money services, offering a whole new range of services and benefits to their customers.

MFS Suite, IN Switch’s mobile money solutions generate a new opportunity to offer massive access services for financial inclusion.

Platforms

MTS allows subscribers to use their mobile phones for performing monetary transactions, just like using cash money. In this way, the mobile device acts as a wallet, credit card, debit card, and even an ATM or bank account, allowing subscribers to buy goods, pay bills, topup their airtime account, send money to friends and family members, among others.

Using USSD as main channel, any GSM handset with no special functions or internet access can use MTS. Additionally all MTS’s mobile money services can be performed through a web site or a smartphone application, resulting in an easy and intuitive user experience.

Key Features

- MOBILE MONEY transactions EASY TO USE for all actors.
- USSD-BASED for massive access.
- Manage the entire mobile money eco-system through a friendly WEB INTERFACE.
- FLEXIBLE to BUSINESS MODEL configuration. Get full visibility of the business and market’s behavior.
- Define you own DISTRIBUTION CHAIN and MONEY FLOW.location.
- Real-time REPORTS.
- Easy to integrate with FINANCIAL ENTITIES – Credit card and Banks – and EXTERNAL APPLICATIONS.
- WESTERN UNION Certified.

BENEFITS

Mobile Operators

Open access to Financial system to non-banked people.

Attract new customers.

Reduce churn.

Innovative Solution.

Sustainable operation.

New revenue stream.

Financial Institutions

Financial Inclusion.

New access channel to customers.

Banking infrastructures at low cost in unbanked regions.

New revenue stream.

 

 

Points of Sale - Agents

New revenue stream: commissions.

Increase Security.

Attract new customers.

Subscribers

Easy to use.

Monetary transactions from any mobile device.

Centralized funds.

Success Stories

Nationwide Mobile Money System in Ecuador.