Mobile Money payment method refers to a financial transaction method where users can make payments using their mobile devices. This method involves a mobile wallet, which is a virtual account linked to the user's phone number.
Mobile Money is the leading payment method in Côte d'Ivoire, used by more than 60% of the population. To receive money, users enter a phone number linked to a mobile wallet. The funds are instantly credited to their mobile balance. The money can be used for other payments or withdrawn through an agent of the service. The method is fast, secure, and available even in remote areas.