Mauritius Telecom to launch island’s first mobile payment solution

45567382974 ddfca4b5ea zMauritius Telecom has partnered with PCCW Global, part of Hong Kong telecom provider HKT, to introduced the island’s first mobile payment solution

The new solution, called my.t money, is based on Hong Kong's mobile payment offer Tap & Go.

The payment solution helps to close the digital divide by facilitating both payment and non-payment transactions through a mobile application platform.

In addition, the service has the ability to address the ‘unbanked’ portion of the population with accessible financial services and applications that run on both modern and older phones and networks.

Mauritius Telecom CEO Sherry Singh said, “In terms of vision and ambition, Mauritius Telecom is not just launching another service. We intend to positively disrupt the payments industry.

“my.t money seeks to make payment fast, simple and fun. 200,000 customers have already signed up and at launch, we already have 1,000 merchants and more than 200 loyalty partners,” he added.

A cloud-based solution, my.t money has local hosting for sensitive data.

PCCW CEO Marc Halbfinger said, “When combined with a high-speed, robust and secure global network, our FinTech experience in Hong Kong places us in an ideal position to work with ICT service providers in rolling out cutting-edge mobile payment solutions anywhere in the world.”

In addition to the Tap & Go mobile payment service, PCCW Global will also provide Mauritius Telecom with international network connectivity, system installation and integration, point-of-sale (POS) equipment and native cloud applications management.

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