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Madagascar

Madagascar mobile money

Scheme name: Madagascar mobile money

IIPS Type: Mobile money

Instruments: E-money

Channels: USSD, Agent

Use cases: Transfers & remittances (P2P), Fees & taxes (P2G), Social disbursements (G2P)

Inclusivity level: Not ranked

Year of establishment: 2016

System owner: None (bilateral agreements between EMIs)

Overseer: None

Operator: None (bilateral agreements between EMIs)

Total Participants: 3

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CategoryMadagascar mobile money
Geographic reachDomestic
Geographic descriptionMadagascar
Scheme governanceNone (bilateral agreements between EMIs)
Settlement agentBilateral agreements
Participants - commercial banksN/A
Participants - MMOs3
Participants - non-bank PSPsN/A
Participants - MFIsN/A
Volumes 2018N/A
Volumes 2019N/A
Volumes 2020N/A
Volumes 2021N/A
Values 2018N/A
Values 2019N/A
Values 2020N/A
Values 2021N/A
Interoperability arrangementMultilateral
Ownership modelParticipant-owned
Governance TypologyPrivate association
Messaging standardN/A
Types of proxy IDsN/A
Use of open APIsN/A
QR code standard N/A
Pro-poor governanceOui

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