MTN Rwanda Delivers Seamless Transport Fare Payment Solution with Mobile Money
- Over 3.5 million registered MTN Mobile Money customers
- Passengers can pay for their bus tickets to upcountry destinations within Rwanda using MTN Mobile Money
In an effort to serve and bring greater convenience to its customers, MTN Rwanda has announced a partnership agreement with Rwandan bus service companies that will allow commuters going upcountry to pay their bus fares conveniently, easily and safely using MTN Mobile Money.
Speaking at the launch event at Lemigo Hotel on Thursday, MTN Rwanda CEO Gunter Engling said, “The MTN Mobile Money platform has significantly contributed to the national economic strategy on enhancing cashless transactions that offer convenience and security. This is another milestone towards a world beyond cash as people have even more opportunities to use Mobile Money.”
Minister of State in Charge of Transport, Hon. Dr Alexis Nzahabwanimana who was represented by an official from RURA, commended this partnership and said, “This cashless system of paying for bus fares presents great potential opportunities especially around increased transparency in the transport sector. By integrating this fast and seamless cashless transaction into people's lives, we expect to see improved security for both passengers and the bus companies.”
To pay for bus tickets, a Mobile Money registered customer will dial *726# and follow the prompts (information includes destination, time of travel and amount to pay), approve payment by dialing *182#, go to Pending approvals and Enter MM PIN to confirm payment and press OK. No transactions fees are deducted, the only amount deducted is the transport fare.
“We are very pleased with this development that we believe opens a new frontier in accessibility and usage of electronic payment solutions. The potential to take digital payments to a whole new level of adoption is far-reaching. As the leading telecommunications operator in Rwanda, it is not surprising that MTN is the first telecom to introduce this innovative service to its customers,” concluded Engling.
Such cashless solutions are finding growing acceptance in Rwanda with more people using Mobile Money to pay for school fees, make online payments, push and pull money from bank accounts, send and receive money locally and to countries in the region as well as pay bills.
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About MTN Rwanda:
MTN Rwanda (MTN RWANDACELL Ltd) has been in operation since 1998 with over 4 million subscribers and still growing. In its vision of leading the delivery of a bold, new, digital world to customers, the company offers new and innovative packages and services and keeps up with the latest trends in communications to satisfy its customers.