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MOBILE MONEY CAMEROON SA
(2M), created in 2006, is a Cameroonian public limited
company with a capital of F CFA 1 billion. The company is an
outcome of the pooling of local financial institutions and companies.
2M
has the endorsement of :
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MINPOSTEL for value-added
telecommunication services
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ART for the required resources
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BEAC and COBAC through UNION
BANK OF CAMEROON (member of the OCEANIC GROUP) for
electronic currency manipulation
2M is an electronic
payment system provider and to this effect, has developed in Cameroon,
an electronic payment service dubbed MyMoney.
The service enables everyone carry out daily financial transactions with
the use of either a phone, a smartcard, a USB key, a wrist-watch, a
key-holder or the internet. | |
