payments in a time of war miyanda mulambo [email protected]
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Celpay International BV
► WHO IS CELPAY?
•Mobile & Internet banking, payments solution provider
•CIBV subsidiaries: CRDC; CTL; CZL, CKL & CZIML
► WHAT DOES CELPAY DO?
•Services include G2P; B2B; C2B; C2C
•Service provision based on GSM and internet technology
•Model based on cooperation & partnerships
► CELPAY TOMBSTONE?
•Wall Street Journal Europe Award 2003
• World Bank: Profitable in 2007
•World Bank: Conader Project Phase I (2004) & II (2009) 75,000
soldiers - USD45m / 30 000 soldiers - USD 22.5m
Point of SaleInternet
Mobile Phone
Corporates & Merchants
Agents
Banks
ISP
MNO
Govt., Donors, NGO Payment Solutions
Retail Payment SolutionsCorporate Payment Solutions
Chan
nels
Chan
nels
PartnersPartners
Serv
ices
Serv
ices
PartnersPartners
Business Model
CORPORATECORPORATE
• B2B Cash
Collection
• Rural Cash
Collection
• Cash Agent
Network
CORPORATECORPORATE
• B2B Cash
Collection
• Rural Cash
Collection
• Cash Agent
Network
RETAILRETAIL
• Bill Payments
• Bank Channel
Mgt
• Airtime
• Fuel Card Top
Ups
• Money Transfer
• Branchless
Banking
GOVT, DONORS, GOVT, DONORS,
NGOsNGOs
• Demobilisation
• Revenue Collection
• Social Cash
Transfers
• Food Rations
• Salary Payments
• Pension Payments
GOVT, DONORS, GOVT, DONORS,
NGOsNGOs
• Demobilisation
• Revenue Collection
• Social Cash
Transfers
• Food Rations
• Salary Payments
• Pension Payments
Celpay Solutions
The Celpay Conader Project in DRC
• $4.7 mil contract with Conader, the DRC Agency for (Disarmament, Demobilization, Reintegration) in 2005
• Funded by World Bank & international donor community
• Celpay as payment platform to pay out $45m in cash to 75k demobilized combatants
• 3 phase projects:1. Development & Implementation of the Conader
application 2. $ 110 payments to Ex Combatant as incentive 3. $25 monthly payments to help start new lives.
Celpay Conader Project
Celpay Conader Project
• Best for unbanked populace
• Best for people without access to mobile phones
• Helps Small businesses
• Better suited for less educated people
• Little training required for beneficiaries
• Significantly reduces administrative and logistical costs for organisations disbursing grants
• Provides excellent reporting, reconciliation and audit trails of all transactions
Advantages of the Solution
Challenges
• Social Cash Transfers
• Provision of Food Rations for Vulnerable Households - People on HIV/TB treatment
• Loan disbursements
• Payments to Small Scale Farmers
• Pension Payments
Other Applications of the Conader Solution