Pacific Central Banks hear Fiji’s experience in Mobile money transfer

Representatives from six central banks had the opportunity to quiz Vodafone and Digicel about their new money transfer systems at a recent regional meeting held in Nadi.Senior officials of the Bank of Papua New Guinea, the Central Banks of the Solomon Islands and Samoa, the Reserve Banks of Fiji and Vanuatu and the Banking and Payments Authority of Timor-Leste spent the day learning about the two mobile money transfer systems recently introduced in Fiji.Both operators, Vodafone and Digicel, noted that their initial interest in providing money transfer services was the need to manage thecash handling of their top up agents around the country.

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