Digicel Plans Roll-out Of Mobile Money Service Across Pacific Markets

Fiji is the first of Digicel's six Pacific markets to make the mobile money service available and Digicel plans to roll-out across all Digicel Pacific markets facilitating international Mobile Money transfers among Pacific Islanders for the first-time.

The innovative service, offered in partnership with Post Fiji and Westpac in the coming weeks, will see Digicel phones become electronic wallets offering customers a convenient and secure way to transfer money to any mobile phone in Fiji, pay Digicel post-paid bills, top-up and deposit or withdraw cash from their electronic wallets.

The project, in development for over ten months, is regulated by the Reserve Bank of Fiji and supported by the United Nations Development Programme's Pacific Financial Inclusion Fund (PFIP) and the GSM Association (GSMA) with a view to promoting financial inclusion within Fiji and the Pacific Islands. Digicel Mobile Money aims to assist in addressing the needs of the 70% of Fijians who do not have access to basic financial services.

IAMTN: This will be competition for Vodafone and it is interesting the number of stakeholders there are in this project – particularly it is with Fiji (a country with a less than stable past).