Tricia Dizon, Head of Smart Financial Services at Smart Communications, says, “This collaboration with the Microfinance Council of [sic] Philippines reinforces Smart’s commitment to provide affordable, accessible and relevant mobile solutions to Filipinos.” As of May 2011, Smart Communications had 45.6 million subscribers in the Philippines. This effort follows Smart’s previous establishment of Smart Money Centers and the Island Activation Program, two initiatives that focus on rural populations.
MICROCAPITAL BRIEF: Smart Communications, Microfinance Council of the Philippines to Extend Mobile Banking Services Through “Smart Money” Platform
Smart Communications Incorporated, a mobile service provider subsidiary of the Philippine Long Distance Telephone Company, has partnered with the Microfinance Council of the Philippines Incorporated (MCPI), a network of 45 microfinance institutions (MFIs), in an effort to expand the use of mobile banking services. By partnering with MCPI, Smart will be able to market its Smart Money platform to MFI clients, offering them remote access to banking and remittance services through mobile phones.
Tricia Dizon, Head of Smart Financial Services at Smart Communications, says, “This collaboration with the Microfinance Council of [sic] Philippines reinforces Smart’s commitment to provide affordable, accessible and relevant mobile solutions to Filipinos.” As of May 2011, Smart Communications had 45.6 million subscribers in the Philippines. This effort follows Smart’s previous establishment of Smart Money Centers and the Island Activation Program, two initiatives that focus on rural populations.
Tricia Dizon, Head of Smart Financial Services at Smart Communications, says, “This collaboration with the Microfinance Council of [sic] Philippines reinforces Smart’s commitment to provide affordable, accessible and relevant mobile solutions to Filipinos.” As of May 2011, Smart Communications had 45.6 million subscribers in the Philippines. This effort follows Smart’s previous establishment of Smart Money Centers and the Island Activation Program, two initiatives that focus on rural populations.
