18 October 2019

Inwi money allows consumers to perform multiple financial transactions including person-to-person money transfer, airtime purchase, plus bill and merchant payments

Moroccan operator Inwi, a subsidiary of the group SNI and the Kuwaiti group Zain, has launched its “Inwi money” mobile money service, which utilises “Mobiquity Money”, the digital money platform from Comviva.

It allows consumers to perform multiple financial transactions including person-to-person money transfer, airtime purchase, plus bill and merchant payments.

The company said consumers can access the service using any smartphone by downloading the ‘Inwi money’ app or alternatively resort to the USSD menu.

Once downloaded, consumers then need to register – the service facilitates multiple levels of registrations ranging from self-registration to agents supported registration.

The Inwi money service is currently available in both French and Arabic. 

Key features include: the ability to instantly send money to other members of the Inwi money community, request money, recharge the mobile subscription balance and pay mobile subscription bill. 

“We are delighted to offer Inwi money service which is powered by Comviva’s mobiquity Money platform,” said says Nicolas Levi, chief executive officer of Inwi money. “As it did in various countries, mobile money service aimed at simplifying and enhancing the lives of millions of Moroccans by providing them easy, fast and more convenient digital financial services.” 

Ghassane El Machrafi, chairman added: “By digitising money transfers and payments we participate to accelerate financial inclusion and to contribute towards the economic development of the country.”