Cluster Holdings in partnership with MICROFI SA launched this Tuesday, September 7, 2021 a digital product “FASO MONEY” in the Burkinabè market. “Faso Money” is a digital money transfer solution that aims to facilitate online purchases.
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In order to maintain financial resources, Cluster Holdings in partnership with MICROFI SA has set up a digital application for money transfer and online purchases.
” Faso Money”, because it is about it, a digital solution that allows connecting economic operators to the customer to facilitate their financial transactions, through digital or digital means.
According to the general manager of Faso Money”, Ali Kassambo, the idea of this application is to facilitate financial circulation in Burkina Faso. According to him, the use of the application is ” more » cheaper than existing transaction services in the country.
” This particularity is reflected in the prices we offer. The particularity is that the application promotes online purchases, hence the development of online annexes so that purchases can be made in the application. At home, we created a system that links the customer with the seller to reduce transaction costs”he said.
Adopt digital solutions at the cost of physical transactions
According to him, in general, this application is intended as a way to reduce the cost of the customer by avoiding the cost of printing tickets.
“The digital system will allow the membership of many economic operators and it will bring them closer to customers and therefore facilitate transactions without the need to print tickets. The idea is to ensure that Burkinabè adopt of digital solutions that eliminate physical transactions to save time and cost.he pointed out.
Regarding the physical transaction points, the designer of the application, Wilfred Asah, indicated that Faso Money is already in the market. To listen to him, 200 withdrawal points are already in Ouagadougou and more than 700 in Burkina.
” Physical transactions are possible with our new solution. It should be said that the application is now available in the Play store because we insisted the fact that the customer is close to the country’s operators. You know, the security aspect, we insist on the vulnerabilities because the professionals of the country think about it very much”, he assured.
It is worth noting that the promoters are committed to multiplying the points of sale. ” In a few days, we will organize a meeting to try, in the eyes of everyone, to make the application for more transparency”, concluded by the general manager.
Officials who attended the presentation ceremony, while welcoming the initiative, called for more work to make the application’s security assurance a reality and an added value to ” Faso Money”.
Abdoul Gani Barry
Burkina 24
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