Mobile Money Agents enforce financial inclusion in the underserved regions, the agents can also enhance digital inclusion through community Wi-Fi in their community, making additional revenue.

1. Community Wi-Fi
for
Mobile Money Agents
Oluwafemi Olafusi
General Manager / Group Marketing Manager
CBC emea Group
Oluwafemi.Olafusi@cbcemea.com
0818 373 9063
Empowering Mobile Agents to make more…
(Increasing financial Inclusion and Bridging the Digital Divide)

2. o Identify ways to drive deployment of
widespread agent networks
o Better understanding of agents’
operations and their challenges
o Know agents’ motivation for becoming
mobile money agents and perception
• EFInA Mobile Money Agent Survey 2016 –
• Agent Banking Breakfast Series –
• EFInA provided a list of 3,458 agents covering six
mobile money operators 279 interviews were
conducted

3. • To make additional income
from mobile money
• To increase the number of
customers that visit my
business

4. FEBRUARY 14, 2019
Focus on Mobile Money Agents
How Mobile Money Agents
Can Expand Financial Inclusion ?
• Transaction volume drives revenue
• Agents Bottom Line varies depending on
Approach.
• Agents bear Financial Risk
• Providers enjoy a healthy bottom line
• New approaches are required to
extend the reach of mobile money
agents and expand financial
inclusion.
• These new methods must encompass
the system of economic incentives for
providers and individual agents, the
adoption of technological and
business model innovations, and the
development of supportive policies.
World bank Group in a publication – A game changer – the prospects and pitfalls of mobile money in Somalia
recommended that to leverage the full potential of mobile money industry, operators need to offer more diverse, value
added services to build up their user base and spur more use of mobile finance.

5. How can the Agents make more?
How can we increase the number of transactions ?

6. BRIDGING THE DIGITAL DIVIDE AND INCREASING FINANCIAL INCLUSION !!!
DIGITAL DIVIDE ?
Social issue referring to the differing amount of information between those who have access
to the Internet (especially broadband access) and those who do not have access.

7. And the cost of using terrestrial backhaul, such as fibre
or cable is directly proportional to distance, making it
increasingly unjustifiable the further the reach from
urban centres.
Deployment of Wi-Fi access points
makes the last mile affordable
REASON FOR DIGITAL DIVIDE ? SOLUTION
Agents can make additional revenue
and drive traffic to their location for
more transaction per day by
providing broadband internet
services through
Community Wi-Fi.

8. Community Wi-Fi Kit
o VSAT Equipment
o Wireless Access up to
1km
o Solar Power (Optional)
o Ticketing / Billing System
Community Wi-Fi

9. Benefits to the Agents
o More traffic of people and awareness for
the Mobile Agents for financial transactions
and internet access
o Agents make additional revenue, keeps the
business alive
o Agents can do other digital business from
the location
o Internet Services for Agents to perform task
that requires internet
o SANEF Objective is further delivered
o Agent can make a minimum of N15,000
additional revenue monthly providing the
service.

10. Why VSAT
o ClickSAT Broadband Satellite Internet
o Satellite Teleport is in Nigeria – Traffic is not
going out, it is secured and suitable for
financial transactions. Landing right NCC
o Coverage is everywhere in Nigeria because of
9 satellite beans covering Nigeria.
o Small VSAT Equipment, speed up to 25Mbps
o Data Plans lower than mobile operator
internet charges at N400 per 1GB to
Community Users

11. o CBC emea Group
o Conglomerates of six subsidiaries
o Established 35 years ago
o Pioneering ICT Company in Nigeria
o Leading provider of information
technology, consulting, security,
surveillance, Energy, Infrastructure
and business process and related
services to public and private clients
spanning multiple industries.