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).