Introducing The Mazzuma Token
Can cryptocurrencies finally bring true financial inclusion to emerging markets?
The mobile money industry shows no signs of slowing down; from 2016 to 2017, we have witnessed a 25% increase in the number of users. In 2007, Kenya gave birth to mobile money, which empowered millions as it allowed them to access and use their funds. Today, there are over 690 million active users globally. While Sub-Saharan Africa has spearheaded this revolutionary paradigm shift within the payment landscape, emerging regions such as South East Asia have embraced mobile money and now have 34% of the worlds mobile money users.
The birth of Mazzuma
In line with the growing mobile money sector, the digital payments landscape in Africa continues to grow. However, with over 50% of the continent’s population being unbanked and having little to no access to formal financial services, they are excluded from digital payments. In 2013, CYST created Mazzuma, a web application which provided a secure, simple and fast payment gateway for mobile money to address the issue of digital payments in Ghana. After successfully partnering with the major telecommunication network providers in Ghana (MTN, Vodafone, Airtel and Tigo) and successful integrations with several online merchants, Mazzuma evolved into a mobile money app in 2017. It was the first of its kind to utilize the power of artificial intelligence to process payments on Facebook Messenger and Telegram. Our services enabled our users to purchase airtime, pay their bills, send and receive money across mobile networks for free! Today, Mazzuma is one of the leading payment systems in Ghana and has access to over 15 million mobile money subscribers.
The Evolution
The next phase of Mazzuma bridges the gap between the significant economic benefits of mobile money and the innovation of cryptocurrencies. After making efforts to achieve financial inclusion and interoperability in our market, Mazzuma is ready to share our services and innovation with the world by creating the Mazzuma Token. The Mazzuma token (MAZ) utilizes a distributed secure infrastructure and cryptocurrency to enable seamless payments.
Our team has dedicated their time to working on the tiniest details to ensure our users experience exciting and innovative features. Our new and improved bots allow users to send MAZ tokens to others users via Facebook and Telegram. Developers! We haven’t forgotten about you; we have created an API which allows you to accept MAZ tokens in their applications. We have also created plugins which gives e-commerce shops the option of accepting the MAZ token, giving users the option to purchase their goods and services in a secure and instant manner. The Mazzuma app has also experienced a 360 makeover. With a companion keyboard feature, users can now experience a more seamless and convenient experience as they can make transactions without leaving their favorite messaging apps like WhatsApp, Messenger, Telegram, Viber and WeChat.
Our expertise with mobile money in the Sub Saharan African market, allows us to merge our knowledge and experience to create a more holistic payment system. Here is your opportunity to become part of the future of payment.
Join The Revolution
Our first token sale goes live from the 1st of June to the 15th 2018. Our first time buyers will experience a 20% bonus during this time. Our second sale starts on the 1st of July to the 31st of July, where buyers benefit from a 15% bonus.
Subscribe to our channel and we will make sure to send you a reminder before the sale starts. Still have questions? Check out our website and read whitepaper for more details.
