Market Overview

The need for electricity and water is a basic human necessity, and thus these two utilities are
essential items in household expenses. Globally the utility market will reach $5,354 billion
in 2023. The potential for growth in this sector, notably in developing countries, is enormous
because these services are a household priority.

Problems

In countries where recourse to bank services is restricted,
virtually all payments will be in cash. Serious
discrepancies occur between the amounts of utilities sold
by operating companies and governments’ figures, with a
consequent fall in revenues through taxation. A lack of supervision means that the payment level is not
adequately scrutinized and does not provide appropriate
government revenues.

Our Solutions

Our technological solutions portfolio provides the necessary visibility
into revenues generated by the digital sectors to enable
Governments to collect the exact amount of taxes owed to them.
The TMS-MM solution ensures that governments can control all the
implications of mobile money expansion and collect outstanding
taxes and fees. TMS-MM provides transparency in a fast-growing
market to ensure market control and visibility, including foreign
exchange issues. Our solution also promotes the security of mobile
money transactions.

We provide each government with real-time reports showing

Tax that should be collected

Volume of sales

Volume of transaction

Reporting

Our reports ensure that governments have all the information they need and are
available by period (daily, weekly, or monthly) and by each utility provider.

Our solutions have a proven
track record in generating ROI in the short term.

Need more details? Contact us

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