Mobile money technology takes advantage of a simple fact of modern-day life in Somalia: the majority of the population (at least 70 percent) owns and uses a cell phone. These phones can then be used to send and receive money securely. This is particularly useful in a country like Somalia where the banking system is either unreliable or unavailable to a large percentage of Somalis, and where it may not be safe to travel with cash. Instead, users can simply click (touch) and send payment or receive money for everyday goods and services inside Somalia.
Etawakal Money Transfer is one of the largest money transfer company in the world. With more than 1,22,000 locations in 40 countries around the world and an easy to use online , Etawakal international money transfer services is convenient for both the sender and receiver.
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