Globally, an estimated 2.5 billion people don’t have a bank account, but many own a cell phone, fuelling a race to turn these phones into bank books for the ‘unbanked’ to store cash, manage their accounts, make purchases and send and receive money – part of the so-called ‘financial inclusion’.


Mercury is a Mobile Banking Solution developed to provide an affordable banking alternative to the low-income segment of the market.

The Brief

Financial inclusion efforts seek to ensure that all households and businesses, regardless of income level, have access to and can effectively use the appropriate financial services they need to improve their lives. Currently, the world’s poor live and work in what is known as the informal economy where they do not enjoy these benefits and conveniences.

The Bill Gates Foundation and GSMA are supporting policymakers as they work to develop regulations that facilitate financial inclusion. This seems to be having an impact in SA evident with The South African Reserve Bank (SARB) recently approving a new licence for money transfer operators allowing remittance companies to act independently of the major banks.


Develop well-defined encapsulated Business Activities:

  • Deploy and orchestrate Activities via Workflows
  • Expose Activities as Web Services

Manage Fee Splitting:

  • Between Earners and Agents
  • Per Transaction Type
  • Per Channel

Subsidiary Management:

  • Voucher Mechanism
  • Expiry dates

Develop a Current (Batch) Interface to handle:

  • Deposit Notifications
  • Payment Instructions
  • Debit Orders