What is mobile money?
Mobile money refers to money which is exchanged or transfered via a mobile phone and is linked to a mobile wallet that is linked to the SIM card in their mobile phone. The ability to link a bank account to a mobile wallet to execute financial transactions is providing an unparalleled level of flexibility and convenience to a growing number of rural bank clients in the Philippines. Mobile money can be used to transfer money person-to-person, allow someone to remotely deposit and withdraw mobile money to or from their bank account, pay for bills, or buy and sell anything using mobile money and their mobile wallet. .:.
Mobile Money is the mobile phone banking service from Monilink that gives you the freedom to control your cash from your mobile phone. We’ve teamed up with the major banks and phone networks to provide a secure and super-fast way to manage your existing bank accounts when you want, where you want.
