Molo Molo Pay

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Molo Molo Pay offers progressive purchasing in Côte d’Ivoire: a customer chooses an item, pays towards it over time and collects it after completing payment. The model helps households plan purchases of goods such as phones and appliances through an app-based merchant relationship.

Use cases:
Initiation:
Users
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Markets
1
TPV
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Transactions
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Historical trends

Capabilities

Funding can come from stored balances and payment cards; merchant payment confirmation is instant. Merchant payments and person-to-person transfers are supported. Customers can make repeat purchases with active payment approval.

Markets

Schemes

PSPs

No PSP implementations have been mapped for this method yet.

Compliance

Standards