MSC helped Airtel Tanzania design a pilot for a deferred payments solution to enable users to schedule future payments and savings through mobile money. The deferred payments functionality gives users the option to manage their funds in sync with their goals and aspirations. It allows users to park their funds in different sub-accounts to mature at a future date. Hence, besides making payments, users of this service can plan their savings and payments by sending funds on future dates.
MSC identified suitable agri-value chains for the pilot, developed a user interface integrated with Airtel’s platform, assessed resource needs, and created a comprehensive pilot plan with timelines and key performance indicators. This initiative sought to enhance financial planning capabilities for underserved populations.
Financial Sector Deepening Trust, Tanzania, commissioned the project.
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