MOBILE MONEY

By contrast, 86% of the population possess a mobile phone. With a smartphone, mobile payment is easy, allowing customers to deposit, withdraw, and transfer money. Today mobile money transactions of $1.3 billion are processed daily in emerging markets

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Market overview

The mobile money market is growing at an incredibly
fast rate in rising economies around the world.

CAGR
+ 0 %
MARKET VOLUME BY 2027
$ 0 B

Within this burgeoning market, government officials should ask themselves:

Have you compared the revenue you are currently earning to the revenue rightfully owed to you?

Observations

Mobile money is quickly becoming the primary choice for financial transactions, especially in countries with limited banking infrastructure. Major corporations are even jumping on this trend, now using mobile money to handle payroll. While mobile money improves financial inclusion, its current design makes it challenging to identify specific accounts. Therefore, mobile money alone isn’t sufficient to prevent fiscal revenue leakage and limit the informal economy making effective taxation quite difficult.

SOLUTIONS

Leveraging our proprietary ETL-C approach, N-Soft’s governance technology empowers officials to visualize and collect accurate data from mobile money operators through a secure connection and reliably measures both transaction volume and total revenue processed. With this added level of transparency, public administrators can confidently charge and recoup all outstanding taxes and fees and ultimately bridge the gap in the informal economy.

HOW IT WORKS

N-Soft furnishes governments with immediate, comprehensive reports detailing essential information, including:
  • THE DUES TO COLLECT
  • THE VOLUME OF TRANSACTIONS PER TRANSACTION TYPE
  • MOBILE OPERATORS' REVENUE FROM TRANSACTIONS
  • ANY FRAUDULENT ACTIVITIES OR ATTEMPTS

These reports, which are available daily, weekly, or monthly, and customized to each operator,
equip governments with the information they need to identify and collect any outstanding funds

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CONTACT INFO

info@n-soft.com

N-SOFT Ltd

Unit 2406B, 24/F, Low Block, Grand Millennium Plaza, 181 Queen’s Road Central, Sheung Wan, Hong Kong, China SAR

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SOLUTIONS

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We are here to assist. Contact us by email or via our social media channels.