Somalia’s Hormuud Telecom Achieves Prestigious GSMA Mobile Money Re-Certification
Hormuud Telecom, a leading Somalian telecoms operator, has once again achieved the coveted GSMA Mobile Money Certification for its EVC Plus platform. This significant re-certification underscores the robust nature of Somalia’s premier mobile money service, positioning EVC Plus among an exclusive group of just ten mobile money solutions worldwide to meet the GSMA’s stringent operational and security benchmarks. This accomplishment solidifies Hormuud’s standing alongside global fintech giants like Safaricom M-PESA, Vodacom M-PESA, and MTN MoMo, leaders in the African digital payments landscape.
Setting the Standard: What GSMA Re-Certification Means for EVC Plus
Hormuud Telecom’s re-certification by the GSMA is a monumental achievement not just for the company, but for Somalia’s burgeoning digital economy. It highlights the nation’s progress in fostering a secure and trustworthy digital financial ecosystem. By maintaining its position among the world’s elite mobile money providers, Hormuud is setting a high bar for financial inclusion and innovation within the African tech sphere, reinforcing the critical role mobile money plays in empowering communities and driving economic growth across the continent.
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