The newly developed program will enable Mercy Corps to offer cash-for-work, grant and voucher recipients the ability to store value on their mobile phones, withdraw all or part of their money, transfer funds to family members as well as pay for goods directly from affiliated merchants using their wireless phones.
The program has been in development by Unibank and Voila since September 2009. For the past eight months, Voila, Unibank and Mercy Corps have conducted a series of pilot programs to test the new service.
Subsequent to Banque de la Republique dHaitis approval (Haitis Central Bank), Voila and Unibank intend to deploy a range of mobile money services to the countrys unbanked population and expand access to financial services for Haitians in regions unreached by traditional financial service providers.
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