MVola

pmt_mvola
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MVola is Madagascar’s mobile-money service for sending and receiving funds, paying bills and shopping with a phone. Its wallet connects everyday payments with cash access and financial services, while customers can also receive international transfers through partner channels.

Use cases:
Initiation:
Users
3.1M
Markets
1
TPV
$1.2B
Transactions
93M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

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

No regulations have been mapped yet.

Standards