Dahabshiil SomTel e-dahab Somalia

Dahabshiil, the largest international money transfer business in the Horn of Africa, has launched the first ever debit card service in Somalia to help individuals and businesses make and receive payments. The service, is called Dahabshiil eCash.


Link to external site : Website for Dahabshiil SomTel e-dahab Somalia
Dahabshiil SomTel  e-dahab Somalia
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
Very important as its parent company Dahabshiil is the largest remittance company in East Africa.Plans to incorporate the eCash service into its worldwide remittance business
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Account Type
Business Model
Class
Send Services Receive

Agent


Mobile


Web


Card


Cash


Wallet

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DMT

IMT

MM

MW
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Card


Cash


Wallet


Agent


Mobile


Web

Model
non-bank based
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Who Leads?
third party led
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Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
ServicesDescription
Channels
Payment Instruments
Cash I/O Description
Cash I/O No Of Locations
Handsets
Technologies
Interoperability
RegistrationProcess
The debit card requires both PIN and signature authorisation and all transactions are protected by the industry standard SSL 128 bit encryption.
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Main Segment Unbanked
Segment Description Dahabshiil eCash is available to all customers with a Dahabshiil account and debit card transactions are made via internet connection, which means that the money is transferred from the card holder's account to the merchant's account immediately.

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