Standard Chartered Bank Kenya seeks to achieve a first, with the rollout of a mobile commerce ecosystem network for its customers. The project will be powered by Cellulant which has been offering the bank mobile banking on USSD platform for the last 3 years.
Cellulant’s mobile commerce is named Release 3.0 and is a mobile commerce platform aimed at enabling banking, merchant services, digital services, bulk payments and agency banking via applications on android, ios (apple) and other channels access such as USSD, SMS and Java applications. Cellulant have been powering mobile banking for Standard Chartered Bank for about 3 years across 5 countries in Africa (Ghana, Zambia, Botswana, Nigeria and Kenya) and is looking to rolling this across all Standard Chartered Bank markets in Africa enabling the Banks customers across the continent to enjoy mobile banking, merchant payments, web payments, digital content and agency banking on their phones.
According to Cellulant’s Chief Business Officer, Mr. Paul Ndichu, the firm invests 15% of its annual revenues from all its markets in Research and Development to drive product enhancement and new mobile commerce platforms that enables value chains. Cellulant drives mobile commerce in 10 countries: – Kenya, Nigeria, Ghana, Tanzania, Mauritius, Rwanda, Uganda, Zambia, Botswana, Malawi and now Zimbabwe and Mozambique and is one of the first companies to be issued with the Mobile payments license in Nigeria. In Africa, Cellulant enables mobiles commerce over 30 mobile networks for different industries including banking, insurance, music, utilities, retail and manufacturing.