Presentation de SOFTELLER - #DigitalThursday #Editon9

1. Presentation of
By: Collins FOMBA KEN (Senior Software Engineer)
CEO IWOMI Technologies Ltd & Founder of Softeller

2. Presentation Plan
• Introduction
• Services Offered
• How it works
• Innovation
• Business
• Accomplishments
• Perspectives
• Conclusion 201/06/2015www.softeller.com

3. Introduction
• Imagine you have money in your MTN MOMO account or airtime and
want to transfer money to an Orange Money subscriber or to Express
Union or Express Exchange;
• Imagine you have Orange airtime and need to send airtime to an MTN
subscriber;
• Imagine you want to do a payment (bills, school fees, transport fare, etc)
online or wherever and all you have is airtime (MTN or Orange)
• Imagine you earn 40000frs CFA as monthly salary and because your
salary is sent to the bank, you loss about 10% on bank charges;
• is just that service which has come to make all these and more
possible 301/06/2015www.softeller.com

4. Services Offered
401/06/2015www.softeller.com

5. Services Offered
• Money Transfer: For the moment the service is limited to sending
money to Cameroon and to Orange Money, MTN MOMO, EU and
EE subscribers from any part of the world
• Airtime Topup: Topup airtime on Cameroon telecom networks
from any part of the world
• Payment of Bills: Users can pay their electricity bills, water bills, do
bulk payments(like salaries), transport fares or for their loved ones
from softeller
• SMS Services: Users can send single and bulk sms (including
business sms) from around the world to any part of the world
501/06/2015www.softeller.com

6. How It Works
• User creates a profile on the system, and is properly identified
• Confirmation sms is sent to user with verification code
• Once the user authentifies him/herself, he/she can select the service
wished
• User fills the necessary information required by the service
• User then chooses the payment option among: MTN MOMO,
Orange Money, Credit Card or Communication Credit
• User submits the request which is treated and response sent back to
user
601/06/2015www.softeller.com

7. Innovation
• Interoperability between operators
• A user can send EU transfer and pay with MTN MOMO or Orange Money
• A user can send Orange airtime and pay with MTN communication credit
• Possibility of carrying out payments using airtime credit which is easily
accessible
• People with little salaries can be paid through Mobile Money instead of
going to banks where they will be deducted huge charges
• People abroad can send money home cheaper
• People abroad can send airtime home easily
701/06/2015www.softeller.com

8. Business
• We hope to generate income through the following
means:
• Spreads on currency exchanges
• Charges on service
• Commissions from our partners (MTN, Orange, etc)
801/06/2015www.softeller.com

9. Accomplishments
• More than 300 users already paying for services (SMS)
• SMS Service fully functional
• Currently integrating MTN APIs
• Recently started procedure to integrate Orange APIs
• Soon to start integration with Express Union and
Express Exchange
901/06/2015www.softeller.com

10. Perspectives
• Become a full Financial Technological institution with the possibility of
giving loans to individuals receiving salaries through the platform
• Develop mobile application
• Integrate Bank transfers on the platform
• Integrate money transfer to other financial institutions
• Extend the service from Cameroon to other African countries and then to the
world
• Introduce transfers from Cameroon to abroad to balance the treasury
1001/06/2015www.softeller.com

11. Conclusion
1101/06/2015
Demo
www.softeller.com

12. 1201/06/2015
Thanks
www.softeller.com