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Payments in a Time of War

Payments in a Time of War. Miyanda Mulambo miyanda.mulambo@celpay.com www.zm.celpay.com. Celpay International BV. ► WHO IS CELPAY? Mobile & Internet banking, payments solution provider CIBV subsidiaries: CRDC; CTL; CZL, CKL & CZIML ► WHAT DOES CELPAY DO?

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Payments in a Time of War

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  1. Payments in a Time of War Miyanda Mulambo miyanda.mulambo@celpay.com www.zm.celpay.com

  2. Celpay International BV • ► WHO IS CELPAY? • Mobile & Internet banking, payments solution provider • CIBV subsidiaries: CRDC; CTL; CZL, CKL & CZIML • ► WHAT DOES CELPAY DO? • Services include G2P; B2B; C2B; C2C • Service provision based on GSM and internet technology • Model based on cooperation & partnerships • ► CELPAY TOMBSTONE? • Wall Street Journal Europe Award 2003 • World Bank: Profitable in 2007 • World Bank: Conader Project Phase I (2004) & II (2009) 75,000 soldiers - USD45m / 30 000 soldiers - USD 22.5m

  3. Business Model Mobile Phone Internet Point of Sale Channels Banks MNO Agents Partners Partners Corporates & Merchants ISP Services Govt., Donors, NGO Payment Solutions Corporate Payment Solutions Retail Payment Solutions

  4. Celpay Solutions • CORPORATE • B2B Cash Collection • Rural Cash Collection • Cash Agent Network • RETAIL • Bill Payments • Bank Channel Mgt • Airtime • Fuel Card Top Ups • Money Transfer • Branchless Banking • GOVT, DONORS, NGOs • Demobilisation • Revenue Collection • Social Cash Transfers • Food Rations • Salary Payments • Pension Payments

  5. The Celpay Conader Project in DRC

  6. Celpay Conader Project • $4.7 mil contract with Conader, the DRC Agency for (Disarmament, Demobilization, Reintegration) in 2005 • Funded by World Bank & international donor community • Celpay as payment platform to pay out $45m in cash to 75k demobilized combatants • 3 phase projects: • Development & Implementation of the Conader application • $ 110 payments to Ex Combatant as incentive • $25 monthly payments to help start new lives.

  7. Celpay Conader Project

  8. Advantages of the Solution • Best for unbanked populace • Best for people without access to mobile phones • Helps Small businesses • Better suited for less educated people • Little training required for beneficiaries • Significantly reduces administrative and logistical costs for organisations disbursing grants • Provides excellent reporting, reconciliation and audit trails of all transactions

  9. Challenges

  10. Other Applications of the Conader Solution • Social Cash Transfers • Provision of Food Rations for Vulnerable Households - People on HIV/TB treatment • Loan disbursements • Payments to Small Scale Farmers • Pension Payments

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