Solutions Library ⯈ ⯈ ⯈ Mon Cash Haiti

Updated on November 9, 2023

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Created on October 4, 2018

Mon Cash Haiti

Upcoming Update

Mon Cash is a Mobile Money service launched by Digicel Haiti. It allows its users to save, transfer their m

Developed By Unknown
Content Partners
Unknown

Author

Abir Chermiti

Product Description

Mon Cash, previously Tcho Tcho Mobile, is a mobile wallet service offered by Digicel and its financial partner Scotiabank and Lajan Cash.
Users can register, for free, to the service using their SIM cards numbers and create an account that contains their money. The mobile wallet is protected by a personal PIN code, and the user is the only one who have access to make any transaction.
Mon Cash account is linked to user’s phone number (SIM card).

Target Users (Target Impact Group)

Distributors / Implementing Organizations

Digicel Haiti

Manufacturing/Building Method

Mobile development.

Intellectural Property Type

Patent Protected

User Provision Model

Shortcodes

Distributions to Date Status

2.5 million subscribers

Design Specifications

Using specefic shortcodes, users will be able to: 1. Transfer money 2. Recharge credit for the phone or someone else's phone 3. Pay for services and goods

Technical Support

Available through contact webpage.

Replacement Components

N/A

Lifecycle

N/A

Manufacturer Specified Performance Parameters

Serving the 80% of the adult population who is unbanked in Haiti.

Vetted Performance Status

  • The active 90-day mobile money customer base rose from 83,000 to 795,000, representing an increase of 860%
  • Agent activity rate rose from 28% to 93%.
  • Mobile money transaction value increased by 950% and volumes increased by over 2,000%

Safety

All transactions are secured.

Complementary Technical Systems

N/A

Academic Research and References

  1. Dr. Erin B. Taylor, Dr. Espelencia Baptiste, Dr. Heather A. Horst, Mobile Money in Haiti: Potentials and Challenges, 2011

Compliance with regulations

Unknown

Other Information

None

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