Monet's Initiative to Increase Mobile Money Acceptance

Saqib Bashir of Monet (Pvt) Ltd. in Pakistan will promote the use of mobile money for financial transactions in Pakistan by developing an electronic commerce platform to connect a range of mobile phones, networks, and banks. This will provide individuals and merchants with more payment options including cards and mobile money. A low-cost point-of-sale application has been built and will be tested across a range of mobile devices, and the system will be integrated with various banks.