Through integration with Mobile network service providers the ONEsolution supports mobile money transfers between registered beneficiaries through ONE SMS.
Taking Mobile Money further than its been before the ONE SMS allows Organisations to track the usage of Mobile money by dividing transactions in to various groups, including, cash withdrawals, bill payments and transfers to other mobile money accounts while not breaching data privacy by anonymising the recipient’s information.
The ONEsolution also supports a closed loop SMS system which supports the virtual credits similar to that of an e-voucher. This system can be rapidly deployed by distributing simple phones that are connected to the closed system to vendors or money agents will the capacity and liquidity to distribute the anticipated volume of cash.
With virtual credits there are often none or very few legal requirements and as such offers a fast and secure solution in the first phases of an emergency.