Ericsson, MTN to start M-wallet services in Africa, Middle East

Ericsson and the MTN Group are establishing a strategic partnership to launch m-wallet services in Africa and the Middle East.

The platform is a new complementary service to the integrated pre-paid charging system and mobile financial services solution for MTN consumers in these regions.

As part of the co-operation, Ericsson said in a statement February 27, 2012 that it will offer a prime integrator engagement model encompassing software, systems integration and managed operation services.

MTN will initially deploy the Ericsson Converged Wallet as a pilot in selected MTN operations during 2012, with a view to roll out the solution across all its operations in Africa and the Middle East, the statement noted.

By Ekow Quandzie