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mHITs

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Mobile payment solutions enhancing financial inclusion for the unbanked population.

Overview

mHITs operates in the fintech sector, focusing on consumer wallet payment solutions designed to improve financial inclusion for unbanked individuals. The company's product offerings include prepaid electricity payments and mobile payment services that utilize technologies such as USSD and SMS, which are intended to be accessible across a range of mobile devices and network carriers. mHITs specifically targets individuals who lack access to traditional banking services, aiming to overcome significant barriers to financial services. The company has formed partnerships with organizations such as Rocket Remit and Vodafone to enhance remittance services and extend its global presence. mHITs processes millions of transactions, providing mobile payment solutions that aim to facilitate financial participation.

Key facts

Founded
2008
Sector
Payments

Business model

Contact

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About mHITs

What does mHITs do?

mHITs operates in the fintech sector, focusing on consumer wallet payment solutions designed to improve financial inclusion for unbanked individuals.

Where is mHITs headquartered?

mHITs is headquartered in Canberra, Australia.

When was mHITs founded?

mHITs was founded in 2008.

Which sector is mHITs in?

mHITs operates in Payments, part of Financial Technology.

Who are mHITs's competitors?

Companies similar to mHITs include CellPay, MyCash, and MicroPay.