Mobile money system: run wallets, agents and merchants on one ledger

The core is a ledger: every deposit, transfer, fee and commission is a balanced double entry, so the money always adds up. Around it sit customer wallets, an agent network for cash in and cash out, merchant tills, bill payment, USSD for phones without data, and a back office where staff set tariffs, limits and identity checks.

Our platform ships those parts together: Android and iOS apps for customers, agents, merchants and corporates, web portals for each, USSD and a developer API. All of them post to the same ledger.

Telecom operators use it to serve subscribers without bank accounts. Banks use it to reach customers beyond the branch. Fintechs and microfinance groups use it to launch a wallet in a new market. The holder of the licence stays the operator; the system is yours under your name, logo and colours.

The software is ready. The time goes to your licence, your trust or settlement account, your bank and telco connections and your agent recruitment. Start with one country and one rail, then add more as the service grows.

These three get mixed up, and buying the wrong one is expensive. A wallet app is a screen on top of someone else's balance. Core banking keeps accounts and loans for a bank, and it was not designed for cash agents or feature phones. A mobile money system holds the value itself on a ledger, moves cash through agents, works on USSD and connects to banks and other networks.

A simple test: ask where the balance lives and who can prove it adds up. If the answer is another company's system, you are looking at a wallet app.

First choose the route: your own licence, or a partner bank or issuer. Then open the trust or settlement account, because everything reconciles against it. Next connect the first rail and set your tariffs, limits and identity tiers. Train a first group of agents and test every flow with staff, with no real money. Then run a pilot with real customers in one area, read the reconciliation every day, and open up only when those numbers are clean.

The licence fee is only the start. Budget for capital, the trust account, compliance staff, SMS and USSD fees, agent commissions, a support desk and security reviews. Software is one line in that list, and our plans are published so you can see that line before you talk to anyone. Tariffs have to cover the rest, so model them per service, not as one average.