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Introducing Haiti's first mobile wallet

Haiti, December 29, 2010

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Mercy Corps has teamed up with mobile operator Voilà and Haitian bank Unibank to introduce Haiti's first "mobile wallet," a cellphone account that can store savings and work like a debit card. Mobile banking — which has already taken off in Kenya — has great potential in Haiti, as few Haitians have bank accounts, but 85 percent have access to a cellphone.

Mercy Corps is helping drive the technology's development and adoption by using it to deliver cash assistance to earthquake-affected families so that millions of unbanked Haitians can gain access to financial services for the first time.

You can click here to download an illustration of how it works.

Attachments

haiti_mobile_cash.pdf