Viettel e-wallet spreads digital payment to African countries

Lumitel e-wallet, a subsidiary of Viettel Group in Burundi (Africa), has just received a Golden Award in the fastest growing product category at the 2019 International Business Awards in Vienna, Austria.

The International Business Awards have been described by the New York Post as the Oscars for international business.

Lumitel began offering e-wallet services in March 2017. At that time, there were 2 e-wallets in Burundi: Ecocash and Smart Pesa. In less than a year Lumitel e-wallet built a distribution channel with nearly 16,800 agents covering 86% of Burundi and became Burundi's largest mobile money distribution service.

Source: VOV5