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Kigali – MTN Rwanda today launched a Mobile Money school fees payment service to enable parents or guardians to pay for school fees via MTN’s Mobile Money platform.
This flexible and convenient digital payment system which was launched at MTN’s Headquarters in Nyarutarama, enables MTN subscribers to pay school fees irrespective of the time of day or their geographical area.
Speaking at the launch, General Manager of MTN Business, Norman Munyampundu said “Parents can send the fees directly to schools via Mobile Money, thereby eliminating the need to queue in banks or worry about their children spending the school fees on other things. The introduction of the service is in response to the growing demand for convenient payment solutions in the country and to improve the efforts being made to make the economy a cashless one.”
So far 21 schools have enrolled onto the school fees platform for fast and convenient payment of fees. More schools are also expected to enrol in the course of the year.
Present at the launch were heads of various schools as well as Mr Theogene Kayumba, the Director of ICT in the Ministry of Education who commended MTN for continuing to drive innovation and deliver great services to the public.
“I’d like to thank MTN for helping to integrate the use of ICT in the education sector. Not only is this fees payment another important milestone, but other initiatives like setting up of computer labs in schools under the MTN Foundation greatly lifts the quality of education in schools. MTN’s investment in education for all has had a very significant impact in Rwanda.”
Schools registered on the payment service must have unique pin numbers and identification numbers for each student. Notifications will be sent in the form of messages to the mobile devices of the subscribers anytime a transfer is made.
“We have also provided the schools with a reliable interface to be able to monitor all transactions that have happened,’ continued Munyampundu.
MTN’s Senior Management also presented the company’s first quarter highlights during the press briefing.
MTN CEO, Ebenezer Asante, said that of the 3.8 million subscribers that MTN has, close to 85% of them are registered on Mobile Money.
“The future of Mobile Money is bright in Rwanda and very soon the idea of a cashless society will be achieved,” he continued.
In terms of investments, over 220 million Rwf has been invested just as Mobile Money agent commissions. The company is also expected to invest about the same amount as it did in 2014 in infrastructure investment, which was about US$ 20 Million.
MTN Rwanda aims to keep its network leadership status in providing both voice and data services nationwide, focus on data and Mobile Money growth, keep rolling out innovative Products and Services and to continually invest in the community.
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About MTN Rwanda:
MTN Rwanda (MTN RWANDACELL Ltd) has been in operation since 1998 with over 3.8 million subscribers and still growing. In its vision of leading the delivery of a bold, new, digital world to our customers, the company offers new and innovative packages and services and keeps up with the latest trends in communications to satisfy its customers.
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