Zimbabweans have been relying on mobile money more than usual. That fairly easy to draw conclusion is premised on the reality of a cash shortage being experienced in the country which has pushed people to adopt electronic payment alternatives.
This has prompted the guys at Mobiledger, a mini accounting system for mobile money wallets, to expand their application’s concept to mobile money merchants and agents. Previously Mobiledger was only available for personal mobile wallet use through a mobile app.
Mobiledger now also has a desktop version which is meant to ensure that a merchant or agent with multiple devices or accounts can aggregate them all in one portal.
The app’s ability to keep track of all transactions and maintain a detailed financial history of mobile money use is extremely relevant for mobile money agents and merchants who are essentially entrepreneurs. As such need tools for keeping an eye on “inventory”.
The information that the merchants or agents capture for their accounts can then be used for reconciliation purposes.
According to Gedion Moyo, the lead developer for Mobiledger, so far 200 users have seen the advantages of such a service and have been using the application exclusively for agent and merchant management.
He also highlighted how data from Mobiledger had also reflected on the huge increase in mobile money activity with a 40% jump in transactions from users of the mobile application.
As the cash crisis drags on these numbers are likely to increase, especially as mobile money services tweak their value offers to increase their visibility. Thanks to Mobiledger, they will at least have a way of keeping track of all that activity.
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5 comments
Well done Gideon, your innovation is very timely. We wish to see this grow mate. Keep pushing the innovation envelope!
I once asked Gideon to include printing abilities and he promised to get back. I hope it works from evrywhere. I am in SA and my app is not updating transactions.
This is a must have app.
Yes, great stuff i was actually thinking about this very thing a few weeks ago but i am too lazy to be bothered to build it. Was hoping Ecocash could build it like mPesa did, even though there a few options to choose from in that market.
mpesa did not build a mobile money transaction tracker they bought M-Ledge which was done by a Kenyan entrepreneur – maybe econet should buy Gideons company that will be good for the startup ecosystem – good work Gideon
Just updated the ANDROID app – the previous version just worked “out of the box” but now it’s requiring the full registration with username and password. Not really interested anymore – it was so simple and perfect before, LOVED IT! I’m sure some others will love the added security of the new one, however in the words of a great black philosopher: “you might win some but you JUST LOST ONE.”