With the country facing a cash shortage crisis, Mobile Money agents have not been left out as they are struggling to get money from the service providers the mobile network networks.
Some of these mole money platforms have been registering notable profits on the back of their mobile money platforms. Many mobile money subscribers who want to withdraw money or cash out are now accustomed to literally cashless agents or maybe cashless in pretense.
What then is the future of these mobile money agents and the companies offering the services like Getcash, Ecocash, Telecash and One Wallet? Do these companies have any strategy in place to deal with this crisis and have people keep their jobs and the agents maintain their income?
Efforts to get comments from Eccoash and Getcash executives were fruitless. But the future of mobile money agents really is uncertain with the crisis worsening each day. One wonders if the companies involved are working strategies or they are simply going to fold operations.