By now, you’ve seen our ads and met our Agents. Have you downloaded the mMoney App?

Anxious?

Consumers around the world have security concerns surrounding mobile payments. Although protection of personal information and transaction security are top priority for all digital wallet developers, even US consumers are slow to embrace the idea of mobile payments.

You’re Not Alone

Apart from the usual anxiety of trying something new, (like your first online US Visa application), many Barbadians find it challenging to understand the concept of payments made from mobile phones and are concerned about the app’s security. The most typical follow-up questions have been:

1. “Is it secure?”
2. “Who has access to my money?”
3. “Will it eat my phone credit?”
4. “Will it use up my data?”

For the record, the answers for these questions are:

1. Yes.
2. Your money is only accessible on your device with your personal login.
3. No.
4. No, especially if you’re on WiFi.

We Got This!

Minister Ryan Straughn, Minister in the Barbados Ministry of Finance and panelist at the BimTech Digital Forum 2018, outlined that “despite Barbadians’ cultural fear of change, my administration’s goal is to make central government fully digital by 2020”. Minister Straughn further noted that a “government/private sector public education campaign is imperative in order to expedite national adoption of digital technology”.

Onboarding Barbados

mMoney is committed to educating and empowering you to make safer and more convenient digital financial transactions. One might say that the mMoney app is leading the charge into the future of financial technology.

Truth is, the future is now!

Mobile payments are the norm in China, home to almost 20% of the world’s population (Google it!), and other large economies are joining this evolution.

Download mMoney and join the future!

Your mMoney Team