Etisalat Nigeria has launched a mobile money payment solution in conjunction with a number of banks in the country. The banks include: First Bank, GTBank, Stanbic IBTC Bank and Zenith Bank. The service is SIM-based and is accessible via the SIM menu on your mobile phone. It works on all Etisalat SIM cards and customers are only required to register with any of the Schemes in order to start using easywallet. Customers are not charged from their airtime for any transactions from the mobile money SIM menu.
Etisalat customers using the easywallet service are able to pay bills, pay for goods and services, receive and send money to friends and family, send and receive money to bank accounts, withdraw cash, top up their own airtime account or top up someone else’s and manage their bank accounts.
Etisalat say that EasyWallet is the first fully secure Mobile Money SIM Application offered to customers with the easywallet application installed on their SIM cards. This unique application supports multiple languages – English, Hausa, Igbo and Yoruba and works across all makes and models of phones, smartphones and even tablet devices. Easywallet is compliant with all industry standards such as ISO-1 and guarantees adequate protection of customer information while carrying out mobile financial transactions across multiple Mobile Money schemes.