Zain Telecom unveils first mobile money service in South Sudan

South Sudan’s 8-year-old economy is ready to hop on the bandwagon as the interoperability of mobile money services movement grows.

Zain telecoms South Sudan and Trinity Technologies have partnered to provide the first mobile money service in South Sudan.

The service is dabbed m-gurush which stands for mobile money in Arabic. The service is licensed by the Bank of South Sudan and the National Communication Authority of South Sudan.

It is estimated that only 4 million people own mobile phones out of a population of 12 million.

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M-gurush is expected to improve the financial services in the country where unlicensed digital money operators have been running the businesses.

” The platform provides consumers with a robust offering of products that cut across, Service Payments, Airtime top-up and money transfer services,” said Trinity Technologies Vice President Joseph Arinaitwe.

The platform aims to serve the unreached masses particularly women, disabled people, and Small and Medium-sized businesses.

South Sudan’s digital space is fast evolving. Data Company Liquid Telecom recently revealed plans to introduce fiber network into the country.a