Users
4.5MEVC Plus | |
|---|---|
pmt_evc_plus |
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EVC Plus is Hormuud's Somali mobile-money service, bringing phone-based value transfers and merchant payments to everyday commerce. Businesses can request wallet approval for purchases, including digital services, while customers confirm the transaction on their registered phone.
Use cases:
Channels:
Initiation:
Markets
1TPV
$764MTransactions
66MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
Central Bank of Somalia
