"Roshan, Afghanistan's leading total communications provider, and Western Union, a leader in global payment services, have today jointly launched the Western Union Mobile Money Transfer service in Afghanistan that enables Roshan's M-Paisa customers to receive money from abroad. Roshan launched M-Paisa in 2008, and became the first company to bring mobile financial services to the people of Afghanistan.
Now, M-Paisa customers in Afghanistan can receive Western Union Mobile Money Transfer transactions from around the world directly into their mobile wallet accounts from families, in particular from countries with the largest population of Afghans living abroad, like UAE, Germany and Canada.
"Roshan launched M-Paisa using technology from Vodafone, one of the world's leading international mobile communications groups. Today, since the launch of the mobile money service in November 2008, M-Paisa has over 1 million customers enabled to receive their salaries, pay bills, receive and repay microfinance loans, send and receive money and purchase airtime directly from their Roshan phone."
Read the full press release here:
Pioneering Mobile Money in Afghanistan
How do you build a struggling, war-torn economy if money can't change hands? Hear Shainoor Khoja, former director of corporate social responsibility at Roshan, Afghanistan's leading telecommunications firm, talk about how mobile technology moves money and other precious social commodities, like health, education and equal opportunity.
Nearly 70 percent of Afghans survive on less than $2 a day, so it's no surprise very few have bank accounts. But a substantial number—about 17 million—own cell phones. Harnessing Roshan’s technology edge and deep reach into the country’s most remote areas, Khoja and her team have worked to transform basic mobile phone knowledge into financial literacy.
Event: Thursday, June 7, at Mercy Corps in Portland, Oregon. Doors open at 6:30.