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aymanelmamoun

Multi-bank and multi-bank mobile money service HelloCash launches in Ethiopia - 0 views

  • BelCash Technology Solution PLC has partnered with two banks to launch HelloCash mobile money services in Ethiopia. Launched in partnership with Lion International Bank and Somali Micro Finance, the service will provide financial services to all Ethiopians
    • sawsanenn
       
      This strategy will make financial services available to more Ethiopians, particularly national party, in order to push financial inclusion in the country. This will maximize capital expenditure for banks but also boost media recognition.
  • BelCash Technology Solution PLC has partnered with two banks to launch HelloCash mobile money services in Ethiopia. Launched in partnership with Lion International Bank and Somali Micro Finance, the service will provide financial services to all Ethiopians. It will enable existing and potential customers of Lion International Bank and Somali Micro Finance to carry out transactions in four key areas of financial transactions: Deposit, Withdraw, Transfer and make payments.
    • ghtazi
       
      Belcash has partnered with two banks. The service, launched in collaboration with Lion International Bank and Somali Micro Finance, will provide all Ethiopians with financial services. It will allow Lion International Bank and Somali Micro Finance's current and potential customers to carry out transactions in four main areas of financial transactions: deposit, withdrawal, transfer, and payment.
  • Key standouts of HelloCash include its interoperability and shared infrastructure features. The system is designed for multiple banks and MFIs to be interconnected and offer mobile money services to their respective customers. This allows partnering financial institutions to share each other’s agent and branch networks to serve each other’s customers.
    • aymanelmamoun
       
      Shared infrastructure features is a crucial key for the Ethiopian company.
omarlahmidi

Ethiopia launches mobile money schemes to extend banking reach | Reuters - 0 views

  • BelCash’s helloCash service could have 2-3 million users this year and 10 million by 2017 or 2018, the firm’s chief executive Vince Diop said, adding that BelCash would receive a fee for each transaction made.
    • sawsanenn
       
      this excerpt is important because it shows how effective belcash is. and how an African country is willing to ensure financial inclusion and increase deposits by using financial technology.
  • BelCash’s helloCash service could have 2-3 million users this year and 10 million by 2017 or 2018, the firm’s chief executive Vince Diop said, adding that BelCash would receive a fee for each transaction made.
    • ghtazi
       
      in this excerpt, we can see that the service can have 10 million users by 2017 or 2018. we can aslo see the belcash would receive a fee for each transaction made.
  • Netherlands-based BelCash is offering a technology called helloCash, while MOSS ICT, mainly owned by an Ireland-based firm, is rolling out M-Birr in the nation of 96 million people.In both cases, Ethiopian banks and institutions will offer the service to customers and hold the cash deposited, in line with government policy that bars foreign firms or banks from investing in the financial sector or the telecoms industry.
    • nourserghini
       
      This article discusses the case of Belcash and M-Birr as two fintechs offering similar services which can lead us to say that M-Birr is a competitor of Belcash in Ethiopia.
  • ...2 more annotations...
  • Bankers say Ethiopia has no more than 1,500 ATM cash machines, while there was just over 2,200 bank branches as of June, or one for every 40,000 people, the central bank says. Only one in 10 people have a bank account.In addition to branches, which are expensive to set up, banks plan to authorise thousands of agents, such as shops or merchants, in line with new regulations. Such agents will be able to take deposits and hand out cash via the mobile system.
    • aymanelmamoun
       
      Cashless mobile payment application replace ATMs so that unbanked people can join. Only one out of 10 people is banked.
  • Ethiopian banks and microfinance firms are launching mobile money services, helping reach swathes of the population that now have little access to branches or services, the mobile technology providers and banks said.
    • omarlahmidi
       
      Belcash could make a lot of profit in Ethiopia. It offers a technology called helloCash, that will help customers and offer them a better service.
mehdi-ezzaoui

​Belcash Technology Solutions PLC - 0 views

  • Over the last four years, our service has allowed the Ethiopian population to access the following services using their mobile phones: Health advice (HelloDoctor), Market access (HelloMarket / HelloGebeya), Labour market access, (HelloJobs / HelloSera), Legal advice (HelloLawyer / HelloTebeka), Mobile Trade service (HelloBroker/ HelloDelela).
    • kenzabenessalah
       
      BelCash has given an opportunity to the Ethiopian population to conduct their usual services online. This leads to efficient, safe, and less time consuming daily affairs.
  • Belcash Technology Solutions PLC (BCTS) is a registered Value Added Service (VAS) provider legally operating in Ethiopia. BCTS has obtained its licenses from Ministry of ICT and with a signed agreement with Ethio Telecom to provide services to the Ethiopian market.
    • kenzabenessalah
       
      This is important because it emphasizes the safety and legitimacy of the platform. With multiple services, BelCash must have a data protection regulation.
  • The HelloCash Network is the largest financial service network in Ethiopia with 9,900 Service outlets across the country. Currently, within HelloCash network there are over 1,500,000 HelloCash customers. The network is expected to grow to 20,000 service outlets (Agent Network) by end of 2020.  
ghtazi

BelCash story - HelloEthio - 0 views

  • BCTS has successfully implemented its HelloCash mobile banking platform and 8 000 agents network with 6 local banks and 2 microfinance institutions, making it the largest financial network in the country.This achievement has gained recognition from the UN initiative for financial inclusion, which was substantiated by the visit of UN ambassador for financial inclusion, her Royal Majesty Queen Maxima of the Netherlands in May 2019.
    • kenzabenessalah
       
      Being recognized f=by the UN for financial inclusion adds a lot of value to the company making it more secure to the eyes of its customers. This is important because it places the company in a higher standard in the technology industry.
  • With 17 strong through partnerships, across multiple sectors and an ownership structure in full compliance with the Ethiopian regulations, BelCash Payments-As-A-Platform model spurred numerous “HelloServices”. These services include airtime eTop-up, Pay-As-You-Go solar, Healthcare, eCommerce, Jobs, Entertainment, and many more, providing the Ethiopian population access to essential services through the HelloCash platform and agents network.
    • sawsanenn
       
      Thanks to these services offered, belcash has reached more than 1.4 million customers, and made it as the largest financial network in Ethiopia
  • BelCash Technology Solutions Ltd. (BCTS) was established in Ethiopia in 2011, as a registered Value-Added Service (VAS) . It'main activity is to provides its digital technology platforms to businesses as a service (PaaS).
    • ghtazi
       
      belcash was established in Ethiopia in 2011, The key task is to provide organizations with their digital technology systems as a service.
aymanelmamoun

https://paymentsafrika.com/payment-news/mobile/multi-banks-interoperable-and-agent-netw... - 0 views

  • One of the uniqueness of HelloCash mobile money services is its interoperability and shared infrastructure features. The system is designed for multi banks and MFI’s to be interconnected and offer the mobile money service to their respective customers, therefore, partnering financial institutions are able to share each other’s agent and branch network to serve each other’s customers.
    • aymanelmamoun
       
      The competitive advantage of HelloCash is interoperability and shared infrastructure features.
aymanelmamoun

Ethiopia: Mobile money schemes, helloCash and M-Birr launched - 0 views

  • The launch of the services, which allow customers to make payments or receive money via a mobile that is linked to a bank account, mirrors technology used in other African nations that has drawn millions of people into the financial system.
    • aymanelmamoun
       
      Ethiopian banks and institutions offer services to customers and hold the cash deposited aligned with government policies.
mohammed_ab

Ethiopia: "Mobile money doubled my number of customers in just three years"Et... - 0 views

  • Bisharo’s story is one of the many urban merchants who have discovered the power of digital payments for their businesses. Over the past few years, technology providers such as BelCash with their HelloCash mobile money, product working closely with the Somali Microfinance Institution, have made significant progress in helping merchants like Bisharo realize the benefits of digitizing payments.
  •  
    This article shows how mobile money has enabled a small shop owner in Addis Ababa, Ethiopia, has been able to generate more revenue just by letting its customers pay with mobile money. It also demonstrates the convenience that mobile payments have on its users especially for sellers. I really liked the story of Bisharo, the owner of that small shop, whose life has changed because of a fintech solution.
ghtazi

Belcash Launches E-commerce Platform - 0 views

  • A Dutch company technology company developed an application that enables buyers to order, pay and receive a shipment. Belcash Technology Solutions Plc launched the e-commerce platform, HelloMarket shipments, with an estimated investment of one million dollars. The application, which was designed with the major aim of allowing local suppliers and manufacturers to promote and sell their products, will provide leather products, crafts, traditional clothing, souvenirs, homemade seasonings and other similar items manufactured by small and medium-sized enterprises. The e-commerce platform, integrated with Hellocash, a mobile and agent banking app for the purpose of making electronic payments, has a delivery system in place through Belcash agents around the country.
    • aminej
       
      Belcash Strategy aims to lead the Ethiopian E-commerce market by offering different services in their platform for users. They also facilitate access to so many different products that you can buy just through your phone. They also embraced Fintech by creating an application that is really innovative. They also plan to strengthen innovation by encouraging more people to be reactive in this sector of industry
  • Belcash successfully piloted the app for three months and officially launched it in July 2019. It has supplied 200 tablets to its agents. Thus far, 50 small and medium enterprises have signed up and placed their products on the HelloMarket platform.
    • sawsanenn
       
      In spite of the many challenges in the sector, such as the lack of a legal framework for e-commerce, Belcash designed a payment system and agents across the country.
  • Belcash successfully piloted the app for three months and officially launched it in July 2019. It has supplied 200 tablets to its agents. Thus far, 50 small and medium enterprises have signed up and placed their products on the HelloMarket platform.
    • ghtazi
       
      when the app was launched officially in July 2019, the app supplied about 200 tablets to its agents. which means that about 50 small and medium firms have signed up their products on the platfrom.
ghtazi

BelCash Technology Solutions PLC (BelCash Ethiopia) Jobs and vacancies in Ethiopia, Feb... - 0 views

  • The main focus for Hello brands is what customers want and expect from the respective services.
    • kenzabenessalah
       
      The company focuses on customer satisfaction which is not the case for all companies. It is usually stated but never conducted the right way. Belcash's Hello brand has managed to created services like, Hellomarket, HelloLawyer, HelloDoctor, etc., to satisfy the needs of the people.
  • The Hello brands are aspiring and inclusive, aiming to connect all Ethiopian citizens for a brighter future; a future that unlocks the potential of the country and its diverse people
    • sawsanenn
       
      this new brand of belcash offers new high level services with a better convenience, easy access, and affordability
  • Belcash is the proprietor and provider of the ‘Hello’​ brand. We attempt to find the perfect fit for our customers and partners. This heavy focus on customer service, innovation and professionalism means that our stakeholders are proud to identify themselves with us. Though each Hello brand represents a different service, they all share one key feature – the mobile phone is the access point for their service. The main focus for Hello brands is what customers want and expect from the respective services. The Hello brands are aspiring and inclusive, aiming to connect all Ethiopian citizens for a brighter future; a future that unlocks the potential of the country and its diverse people. The Hello brands say ‘Hello’​ to their customers and offer them essential services with a high level of convenience, quality and affordability. Over the last four years, our service has allowed the Ethiopian population to access the following services using their mobile phones: Health advice (HelloDoctor) Market access (HelloMarket / HelloGebeya) Labour market access (HelloJobs / HelloSera) Legal advice (HelloLawyer / HelloTebeka) Mobile Trade service (HelloBroker/ HelloDelela) And, since February 2015, in partnership with select Ethiopian banks and micro finance institutions; Financial Inclusion (HelloCash)
    • ghtazi
       
      this is very important because we can see how belcash wants to make financial access easy for everyone by introducing a new platform that is convenient and easy to use for the users.
aymanelmamoun

HelloSolar, BelCash to introduce solar home system  | The Reporter Ethiopia E... - 1 views

  • BelCash is a company known to have introduced an advanced use of technology to provide customized solutions in convenient payments to vital government services in 2010. It has since refurbished what was once a bureaucratic paper system which inconvenienced millions of people who depend on it.
  • With Ethiopia moving to a strategy which helps embrace the wisdom of solar energy within the country and play catch-up to successes achieved in neighboring nations such as Kenya and Rwanda; HelloSolar in partnership with BelCash – the mobile banking platform system – is set to introduce a pay-as-you-go system for the nation’s off-grid population with affordable solar home system.
    • aminej
       
      Love this concept that will encourage more people to use solar home system which is really protective towards the environment and less costly in the long run.
  • This is a jump-the-queue strategy for the company in offering such a system and becoming a pioneer in a country whose majority of population still lack basic energy. In addition, the company has launched an International Remittance payment system, to allow members of the Diaspora to pay from anywhere in the world with a credit card and convenience local clients.
    • nourserghini
       
      Belcash is introducing many new concepts to the Ethiopian market such as Solar home system and international remittance payment. This proves that Belcash continues to innovate and look for new technologies to bring to the table.
  • ...1 more annotation...
  • With Ethiopia moving to a strategy which helps embrace the wisdom of solar energy within the country and play catch-up to successes achieved in neighboring nations such as Kenya and Rwanda; HelloSolar in partnership with BelCash – the mobile banking platform system – is set to introduce a pay-as-you-go system for the nation’s off-grid population with affordable solar home system. This is a jump-the-queue strategy for the company in offering such a system and becoming a pioneer in a country whose majority of population still lack basic energy. In addition, the company has launched an International Remittance payment system, to allow members of the Diaspora to pay from anywhere in the world with a credit card and convenience local clients.
    • aymanelmamoun
       
      Introducing HelloSolar, BelCash solar home system as a strategy embracing the wisdom of solar energy within the country, allowing neighboring nations to invest.
  •  
    Belcash is considered to be a company that is known for introducing AI in order to provide its customers with convenient solution. In partnership with Hellosolar, BelCash introduced pay-as-you-go system.
kenzabenessalah

Belcash | Tracxn - 0 views

  • pdated: January 16, 2021Most viewed in 2019​Belcash is a mobile-based financial solution platform provider to financial institutions. The HelloCash solution enables existing and potential customers of the financial institutions to carry out transactions in four key areas of financial transactions: deposits, withdrawals, transfers and payments. It allows customers of partnering banks to visit any agent or branch to utilise financial services, regardless of which bank the customer belongs to.
    • kenzabenessalah
       
      This excerpt is important because it identifies the company's flexibility. It allows customers to visit any other branch even though they may not necessarily belong to it. Not all payment services allow this type of transaction.
hindelquarrouti

Zewdu analysis full thesis after.pdf - 1 views

  •  
    Thanks to a partnership with Lion International, Belcash introduced a new cheaper alternative to traditional branch-based banking for the agent banking services that are installed because of the use of Hello cash.
nourserghini

​Belcash Technology Solutions PLC - 2 views

  • Over the last four years, our service has allowed the Ethiopian population to access the following services using their mobile phones: Health advice (HelloDoctor)Market access (HelloMarket / HelloGebeya)Labour market access (HelloJobs / HelloSera)Legal advice (HelloLawyer / HelloTebeka)Mobile Trade service (HelloBroker/ HelloDelela)And, since February 2015, in partnership with select Ethiopian banks and micro finance institutions;Financial Inclusion (HelloCash)
    • aminej
       
      In this link, we will see that the Belcash is an ecommerce platform. The application was designed with the major aim of allowing local suppliers and manufacturers to promote and sell their products and services. Some of their main services are health advice, market access, labor market access, legal advice and mobile Trade service. It was founded by Mountaga Diop in 2009 at Adis Abeba, Ethiopia. Finally their main customers here are any Ethiopian who own a smarthone and are interested by the services provided.
  • To help unlock the potential of Ethiopia through the digitalization of essential services, such as finance, healthcare and education. To help drive sustainable and inclusive growth though digitalization. We believe digitalization will lower transaction costs and bring essential services to the reach of the poor. It bypasses the conventional time consuming and capital intensive build-up of fixed assets (banks branches, school buildings and clinics).
    • sawsanenn
       
      Belcash provides its technology platforms to businesses across different industries ( healthcare/ finance/ education/ trading/labor market etc...). This company helps the Ethiopian population to drive sustainable growth, and lower transaction costs through digitalization.
  • ...1 more annotation...
  • Belcash is the proprietor and provider of the 'Hello' brand. We attempt to find the perfect fit for our customers and partners. This heavy focus on customer service, innovation and professionalism means that our stakeholders are proud to identify themselves with us. Though each Hello brand represents a different service, they all share one key feature - the mobile phone is the access point for their service.
    • nourserghini
       
      According to the company's website, Belcash is the owner of the hello brand which allows access, through mobile phones, to health advice, market data, labour market trade and legal advice.
  •  
    To help boost the development of Ethiopia through the digitalization of crucial services, such as finance, healthcare and education and to help drive sustainable and inclusive growth though digitalization. We think that digitalization will decrease transaction costs and provide important services to the reach of the poor such as (banks branches, school buildings and clinics).
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