Online Payments & Money Transfer

Mobile Microcredit – How MFI’s can send and receive loan payments through mobile phones

Ben Lyon the founder of Frontline SMS Credit (http://credit.frontlinesms.com) speaks about how his company allows microfinance institutions to send and receive secure loan payments, track loans and develop a micro-insurance model using the ubiquitous mobile phone.

About Frontline SMS Credit

FrontlineSMS Credit aims to make every formal financial service available to the entrepreneurial poor in 160 characters or less. By meshing the functionality of FrontlineSMS with local mobile payment systems, implementing institutions will be able to provide a full range of customizable services, from savings and credit to insurance and payroll.frontline mobile money payment

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