New airtime distribution service launches in Namibia
New airtime distribution service launches in Namibia
Informal market payments technology firm, Nomanini has partnered with Namibia's Paratus Telecom to allow local vendors in that country to sell prepaid airtime vouchers using its devices.
South African based Nomanini also specialises in cash-based point-of-sale platforms in emerging markets and building tools to facilitate cash payments.
According to a statement Katiti will run on Nomanini's cloud-based mobile point of sale platform and can be used by informal traders and budding entrepreneurs.
Local vendors will be given a brightly coloured and virtually indestructible terminal, or "business in a box" from which they can sell prepaid airtime vouchers, the statement explains.
Reselling does not require any connectivity or even electricity. The vendor simply selects the type and amount of airtime to be sold and a voucher is printed within seconds.
The device's battery lasts for five days and is fully charged after just eight hours, reads the statement.
Commenting on the partnership John D'Alton, managing director of Paratus Telecom said, "We wanted to bring something new to the market - something that would not only benefit us, and the millions of people who use prepaid phones, but that would also give entrepreneurial individuals an opportunity to supplement their incomes."
Nomanini's partnership with the Namibian ICT provider marks the firm's tenth business partnership on the continent. Other partnerships have been established in Kenya, Mozambique, Nigeria and Zambia.
Vahid Monadjem, chief executive CEO of Nomanini added, "This launch is so exciting for Nomanini. Namibia is the tenth African country that we have forged a partnership in, and we look forward to embarking on the journey with John and his team."