source:express union web site
Mobile money is an electronic method of making financial transactions using the mobile phone. It has experience a growth in Cameroon over the past years. Many are aware of the big names like  MTN mobile money and Orange money. There are several mobile money options in 
1. MTN MOBILE MONEY
        This mobile payment method is offered by MTN Cameroon the leading mobile operator in Cameroon.  For the moment you can use the service to:
Buy airtime
- Pay AES Sonel bills
- Pay Canal + subscriptions
-Transfer and receive money from your love ones around the country.
-Pay school fees in universities such as The university of Buea, Dschang, Bamenda and others.
-Buy online on sites like jumia Carmudi,kaymu and others


source: orange web site






2. Orange Money
This e-payment method is powered by Orange Cameroon. This mobile money service is being used by many especially in the towns of Yaounde and Douala for doing business transaction. This mobile banking service cab be used  in the folloiwng ways:
- Pay Eneo electric bills
- Pay Canal + subscriptions
-Transfer and receive money from your love ones around the country.
-Buy medications in some pharmacies around Douala
- Buy fuel from Total petrol stations
-Pay CDE ( Cameroon water cooperation)  bills 
-buy online on sites like Cdiscount


source:express union web site

3. Express Union Mobile
This is one of the first mobile payment  service available in Cameroon even though it less popular.  This service is offered by Express Union a bank that is leading in Cameroon so far as money transfer is concern in and out of Cameroon. This method seem the best to me because we have express union counters scattered around the country.  What can you do with an Express union mobile money account? After creating your account, you can benefit from the following:
- Pay Canal + subscriptions
-Transfer and receive money from your love ones around the country
-Transfer money internationally.
-you can pay sonel bills
pay school fees to in the university of douala 
source: SGBC web site



4. SGC MoniFone
The SGC monifone mobile money service is another great mobile banking service that you can use in Cameroon. For the moment, the services are limited to bank transactions. If you own a monifone account at SGC, you can withdraw your money from any SGC counter or SGC ATM machine within the country. 
You can as well link your personal account to your Monifone account to make mobile transactions. 
  

    You can create an account with any of these mobile money service providers in Cameroon. What is youy favorite mobile money company?
       

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11 comments so far,Add yours

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  2. Amazing. I am developing for 10+ years and this is what I was waiting for. Any chance you have an update on the new mobile money payment APIs?

    ReplyDelete
  3. Hello Osih, i am working on the a post on that. Thanks for your comment

    ReplyDelete
  4. This is indeed great. My first time to hear about this SGC mobile money service. This is so wonderful. i will check it out

    ReplyDelete
  5. Another option on Cameroon market now is netunion. check out at netunionpay.com

    ReplyDelete
    Replies
    1. Hello Unknown Thanks for sharing. I will like to get more details about this. Thanks for your contribution.

      Delete
    2. Hello ANGU RANSOM, NET UNION Currently in BETA mode and they accept merchant application when you contact them. We received their API and currently integrating it to our site. you can email cs [at] netunionpay.com
      Good luck with your project.

      Delete
    3. That is interesting. What about the ways to do withdrawal especially in Africa?

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    4. At the moment, I would say Bank deposit is the only way that we have used. But following the project will be a good way to see what happen next.

      Delete
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