ethicPhone has developed a system for international mobile payments and transfers dedicated to African countries, and is integrating Be-Bound’s technology to expand their reach.
Be-Bound and ethicPhone today announced a partnership to make international transfers available to everyone across the Ivory Coast. ethicPhone, awarded the Digital Africa prize at the 5th African Union European Summit held this week in Abidjan, has developed a system for international mobile payments and transfers dedicated to African countries, and is integrating Be-Bound’s technology to expand their market reach.
French startup Be-Bound, specializing in augmented connectivity for Android apps and IoT, has developed a solution that guarantees connectivity wherever there is a mobile network. For ethicPhone, this means that international transfers can be made instantly via their mobile app, even for users in the most rural areas. By integrating Be-Bound’s SDK, ethicPhone will be the first international mobile payment service to enable Ivorians to receive international transfers anywhere across the country, including areas typically out of range, accessible even to users without bank accounts.
“PayPal and Western Union are both examples that prove the enormous need for an easy exchange of money internationally, and we know that ethicPhone can provide an even better service! Our decision to partner with Be-Bound will expand our market reach beyond anything these companies can offer.” – Mouhamed Diakite, Founder and CEO of ethicPhone