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Kigali – MTN has introduced another new and convenient payment solution called MTN Rahura that will enable MTN customers to borrow electricity (Cash Power) tokens and pay later using MTN Mobile Money.
This new service reaffirms MTN’s mission of making its customers’ lives a whole lot brighter by providing both convenience as well as support during emergency situations.
“This soft loan facility will see MTN Mobile Money customers get advance credit to buy electricity tokens and repay the debt later. The service has been introduced to facilitate subscribers that may have run out of electricity units at an inopportune time and are not in a position to buy due to lack of funds or a cash power vending point being inconveniently far,” said Gunter Engling, CEO of MTN Rwanda.
To be able to use this service, MTN Mobile Money users will be required to dial *151# from their mobile phones, * option 2 and follow the prompts. The amount borrowed and the service charge will be recovered during the next Mobile Money account refill.
The subscriber must have been on the MTN network for a minimum period of 3 months with an active MTN Mobile Money account. To qualify, he/she must also have a certain level of usage history as specified by MTN.
“We aim to provide the highest levels of service to our customers by bringing unprecedented convenience through mobile payment solutions,” added Engling.
This is MTN’s latest foray into financial services as part of the company’s diversification strategy which has seen the mobile money platform grow to over 3.5 million mobile money subscribers since the service was introduced in 2010.
For more information, please contact:
MTN PR Desk
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.
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