08 November 2019

MTN and Ericsson have extended their Mobile Money partnership with the launch of an open API platform in Ghana.

The move will give entrepreneurs an opportunity to develop (EWP) revenue-generating applications.

Under the terms of the new agreement, MTN will grant access to third parties to its Mobile API powered by Ericsson’s Wallet Platform.

This will enable developers and programmers to get free access to MTN’s proprietary software platform.

Developers can now access it and create products that ease payment options and leverage the MTN clients registered on Mobile Money.

The MTN Mobile Money API can also be accessed online, saving time previously spent on submitting paperwork and a lengthy standard integration.

Furthermore, the online system allows developers to test their products before going live, by using a sandbox available on the website at no additional cost.

Fadi Pharoan, the president of Ericsson Middle East and Africa, said “the ease to send, spend and receive money” using a mobile phone is becoming an essential part of people’s lives.  “Our new partnership with MTN in Ghana aims to develop a more open, easy and accessible mobile money network,” he added.

“Ericsson is driving this change of making Mobile money more open by collaborating with MTN to advance secure, flexible platforms that help build an interconnected and transparent financial ecosystem.”