Etisalat launches mobile money service in Benin

Etisalat Group announced today the expansion of its mobile phone-based commerce service Flous through its subsidiary Etisalat Moov in Benin.

Flous, which means money and is known as Flooz in Benin, enables customers to use their mobile phones like digital wallets to pay for goods and services, transfer money to the friends and family members, withdraw and deposit cash, top-up mobile phones and manage bank accounts.

Customers can also use their mobile phones as debit cards and manage funds directly from their handsets. The service, offered in partnership with Banque Atlantique du Bénin, is designed to be secure and flexible – requiring a password for each transaction – and gives customers instant access to money 24 hours a day, seven days a week. Service can be accessed on even the most basic mobile handset.

Etisalat currently serves 144 million customers in 15 countries throughout the Middle East, Africa and Asia.