It is a bank account for the unbanked. Existing bank accounts cannot be associated with the mWallet. Link to external site : Website for Econet Wireless Service Burundi |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2010 Jun Register/Log In |
| Importance |
Medium Register/Log In |
| Traction | |
| Evaluation | |
| Account Type |
Bank Account Register/Log In |
| Business Model | |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Agent  Mobile |
 Cash  Wallet |
 |
 AT  BB  DMT  MM  MW |
|
Cash Wallet |
Agent Mobile |
| Model |
bank based Upgrade to Bronze |
| Who Leads? |
jointly led Upgrade to Bronze |
| Reach |
Subnational Upgrade to Bronze |
| Active Users |
33,000 Upgrade to Bronze |
| Registered Users |
50,000 Upgrade to Bronze |
| Potential Mobile Market (m) |
2.467 Upgrade to Bronze |
| Regulations |
Regulatory approval in place by virtue of a partnership arrangement with Burundi Post Office which holds both money remittance and banking licences. Upgrade to Bronze |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
None Register/Log In |
| ServicesDescription | |
| Channels | |
| Payment Instruments | |
| Cash I/O Description |
Post offices (M1 12/6/10) Upgrade to Bronze |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies | |
| Interoperability | |
| RegistrationProcess |
| Main Segment | Unbanked |
| Segment Description | A soft launch with friendly customers was done on 17 May 2010. Official launch to the public followed on 4 June 2010. Total customes as at 7 June 2010 were 639 |