MTN Swaziland has deployed Ericsson's Converged Wallet to provide a premium mobile money experience for more than 275,000 mobile wallet users and 3,000 agents in Swaziland. Ericsson replaces MTN Swaziland's existing mobile wallet platform, integrating the new solution into the operator's charging system and deploying it as a hub solution that connects to operations across country borders.
The new mobile wallet solution also fulfills mobile financial services regulatory requirements enacted by Bank of Swaziland. In addition, it also enables subscribers to accumulate loyalty points toward MTN services, initiate loan requests and receive money from a range of access channels.
According to Ericsson, the rollout is part of the ongoing partnership between MTN Group and Ericsson to introduce Ericsson Converged Wallet across MTN Group's African and Middle Eastern footprint.