Trivnet enables operators and service providers to offer cost-effective, secure and real-time fund transfers between their subscribers, as well as between subscribers of different networks.

Person to Person Transfer/P2P Payment

Consumers can transfer money to each other simply with a click of a button. The transfer will be charged to their bank account, credit/debit card, telecom account (pre/post paid), or to their stored value account (SVA).

The stored value account is particularly useful for consumers who are unbanked or under-banked, and can be used for micro-banking in conjunction to the mobile money transfer solution.

Person to Person Transfer is one of the first and essential services in the development of a mobile money ecosystem, is relatively easy for the operator to implement and can be quickly adapted to local regulatory requirements.

 

Domestic and International Remittance

Using the Trivnet-enabled mobile money transfer service, migrant workers can securely and instantly send money back home without losing a high percentage of their wages on transfer fees. They will have higher control on the use of funds, by sending low amounts to a high number of recipients as frequently as they like. Senders may even top-up remote phones or pay bills on the receiving end.

Mobile remittance is not only useful for migrant workers. Tenants can transfer rent payments to their landlords; parents can transfer funds to their children studying far away and peers can share their bills or repay their debts.

The mobile wallet does not have to reside on both sides of the remittance corridor. Through its partnerships, system interfaces and settlement technology, Trivnet connects mobile senders to traditional international money transfer services. In the same manner, Trivnet connects senders using traditional channels to mobile recipients.

Consumers receiving the money to their mobile wallet can use it to: Repay loans, transfer funds to another person, buy goods, pay bills, or withdraw the money using a prepaid card or at a point of sale.

 

Self Top-Up

Complementary to airtime distribution, users may also recharge their pre-paid telecom accounts using a variety of payment methods including their bank account, credit card, or using an ATM. Airtime recharged using these methods can then be consumed or further transferred e.g. to relatives and friends.