1. Remittance into Africa:
eTranzact Powering MTO Hub
For Africa

2. • Before now, the entire process has been fraught with too
many risks, inconvenient in most cases and high cost of
transaction
• Now: we have enabled MTOs with more robust sending
options and channels – ATM, bank account, mobile, etc.
Providing 24/7 access to both senders and recipients.
• And the advantage to all the stakeholders are security,
convenience and lower cost.
What are the recent innovations, new methods and
trends in payment system infrastructures and
products for remittances? What can be done to
accelerate them? And what are their advantages for
the clients?

3. What is the role for linking remittances to
bank accounts?
• Governments in Africa and the emerging markets are
seeking ways of reaching the over 80% of unbanked
population.
• This provides a rare opportunity for financial inclusion. As
remittances can be sent directly to a bank account,
mobile wallet or prepaid card.
• Encourages a savings culture,
• At eTranzact Remittance Hub connects MTOs to over 50
commercial banks, 350 microfinance Institutions and 200
million mobile phone users across Africa.
• We have made the entire process secure, convenient and
cost-effective to both the sender and recipient.
• MTOs can get connected in just 72 hours when they visit
our stand to sign up @ Booth 23