Based on the information from Internet by rumo – 14 JULY 2019 (LAST UPDATE: 15 JULY 2019)
m-GURUSH (m-for mobile and GURUSH for money in Arabic), South Sudan’s first mobile money service is a joint partnership between South Sudan’s own Trinity Technologies Limited, a local tech firm, and Zain Telcoms South Sudan.
The product is licensed by the Bank of South Sudan and the National Communication Authority of South Sudan to roll out Mobile Money Services.
This Mobile Money platform can provides a fast, easy and say way to:
- Send and Receive money across South Sudan: Customers can deposit and withdraw money from any m-GURUSH agents available countrywide. m-GURUSH has a wide network of agents throughout the country who are there to facilitate you to deposit and withdraw money.
- m-GURUSH Pay: Offer Businesses (Distributor, Retailer of Merchants) a payment collection service through mobile money. Customers can pay for goods and services with ease and convenience.
- Make Bulk Payments: Enables Government bodies, Non-Governmental Organizations and Corporates in South Sudan to make large payments to multiple recipients in a convenient fast way.
- Service is available in all 32 states in South Sudan in partnership with Zain South Sudan.
- Customers can send and receive up to 100,000 South Sudanese Pounds per day and hold a balance of 200,000 South Sudanese Pounds in their mobile wallets.
- m-GURUSH offers affordable rates to its registered customers who can send any amounts between 1 Pound and 100 Pounds for FREE.
“We are not just launching a brand name today. The m-GURUSH money mobile commerce platform presents a complete transformation from your first interaction with it, which is a simple, easy to use customer friendly access menu that makes it fast and convenient for customers and dealers to carry out transactions. The platform provides consumers with a robust offering of products that cuts across, Service Payments, Airtime top up and money transfer services.” said Mr. Joseph Arinaitwe, Trinity Technologies Vice President, adding that m-GURUSH is further supported by a state-of-the-art platform ensuring system stability and a great customer experience.
The launch of m-GURUSH signals the start of a major shift in the mobile money industry in South Sudan, which will promote broad digitization of the economy: mobile money customers will not just have access to an account, but rather to a full suite of services that are relevant to their daily lives, encouraging them to keep their funds in digital form and building resilience to financial shocks.
For South Sudan’s most vulnerable, especially displaced persons and women, the benefits of mobile money are real and far reaching. m-GURUSH will actively pursue partnerships with the Government and humanitarian organizations to ensue ease of access to affordable financial services. We will work closely with our network partner and the Government in reaching Small and Medium Enterprises and the underserved population, including female customers with relevant and tailored products and services.
Any business that is legally registered in the Republic of South Sudan can apply to become an m-GURUSH Mobile Money Agent in any of the 32 states South Sudan. m-GURUSH offers affordable rates to its registered customers who can send any amounts between 1 Pound and 100 Pounds for FREE. The cost of sending between 501 pounds to 1,000 pounds at 15 South Sudanese Pounds. Customers can also pay for goods and services using m-GURUSH PAY at registered merchant outlets countrywide.
Mr. Arinaitwe further explained that m-GURUSH will drive financial inclusion and economic empowerment and economic growth for millions of unbanked citizens across the width and breath South Sudan, enabling enterprise development, new employment opportunities and uplifting the living standards amongst the youth and the entire rural and urban population of the country.
Mr. Arinaitwe said besides the money transfer business, the new features on m-GURUSH money will enable the company to fully tap into the mobile commerce business in South Sudan.
The launch event was attended by the Minister for information, Communications Technology and Postal Services Mr. Michael Makuei Lueth, the Governor of the Bank of South Sudan Hon. Dier Tong Ngor and the Director General National Communications Authority Dr. Lado Wani Kenyi
Further Readings about Mobile Money:
- Kenya’s been schooling the world on mobile money for 10 years – The country’s successful mobile banking and payments initiative, M-Pesa, turns 10, while the rest of the world plays catch-up by KATIE COLLINS – FEBRUARY 22, 2017@CNET
- M-Pesa: when “mobile money” revolutionizes banking in Africa by Maya – November 18, 2016@Harvard Business School
- China’s ‘four great new inventions’ in modern times – August 8, 2017@Xinhua News Agency
- Alipay: Wining the Payments Game in China by KZ – November 19, 2016@Harvard Business School