Handheld device maker, Tecno has unveiled plans to launch its mobile wallet across six new markets in Africa, having piloted the application in Nigeria last month, with the service set to facilitate bill payment, money transfers and airtime purchases.
The company is set to provide Tecno Wallet as a download onto its devices and pre-install on its upcoming Camon 19 series of phones, which are set to launch on 14 June at an event in New York.
It also plans to preinstall on various other newly produced handsets from across its range.
The wallet has already been trialled in Nigeria and will launch in Kenya later this month. In the second half of 2022 it will be made available to users in Ghana, Tanzania, Uganda, Ivory Coast and Senegal.
Tecno is offering payment facilities in collaboration with third party financial services players.
With its financial services push the Africa-focused manufacturer joins a range of big name players offering mobile wallet and money services including a spate of mobile operators, Google and traditional payment providers.
Along with various payment services the application will include the ability to access credit facilities at launch. It plans to eventually add cashback and promotional reward functionalities.