Banco Agrario,Telefonica, Comviva: Mobile wallet

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Banco Agrario,Telefonica, Comviva: Launching Mobile wallet project in Colombia

  • Simple and cost-effective mobile financial service
  • Pilot mobile wallet project will run for 6 months with around 1000 customers in Colombia
  • Customers can open accounts, transfer funds, pay utility bills and recharge prepaid mobile connections
  • Additional services such as deposit and withdrawal for increasing the reach in rural areas
  • The electronic money service – Agromovil – will be available through a mobile app as well as unstructured supplementary service data (USSD).