Mdinar is a new mobile payment and m-wallet service that was recently launched in beta in Tunisia through a partnership between the BIAT Bank (Banque Internationale Arabe de Tunisie), Tunisiana (Mobile phone operator), ENDA (a microfinance institution) and Viamobile (a service provider); powered by Creova’s mobile payment technology.
The Mdinar service offers P2P, top-up, and loan payment services directly from a user’s mobile phone. It also offers multiple features, including the ability to view account balances, history of transactions, and the possibility to save and use the list of people frequently receiving payments from the user. It also allows the user to send a request for money to another person.
Using the service requires a subscription that translates into the opening of a BIAT Light bank account. To open an Mdinar account, the user must have a Tunisian ID card and a Tunisiana mobile line, and they can either register online (option not launched yet) or at any of the affiliate branches that display the Mdinar sign. Registration should be quick and the user’s account is activated immediately. Once registered, the user receives a notification by sms with their PIN.