MTN and Ericsson (NASDAQ: ERIC) have signed a contract to deploy mobile financial services in Sudan. MTN Sudan and Ericsson partnered in this endeavor to deploy Ericsson Wallet Platform as a major milestone in MTN’s and the country’s progress towards a connected society. The deployment of Ericsson Wallet Platform brings easy-to-use, next-generation mobile financial services to MTN customers.

Ericsson is providing MTN Sudan a flexible, reliable, and efficient m-commerce solution that includes Ericsson Wallet Platform, systems integration, operational support, and solution development.

Ericsson’s solution will provide a more agile and compliant Information Technology (IT) architecture to enhance performance in managing the flow of transactions and to help promote financial inclusion and economic development in Sudan. Ericsson Wallet Platform allows users to securely store, transfer and withdraw money, paying merchants and utility providers as well as using financial services like savings and loans.

 Xxx at MTN Sudan says: “Ericsson and MTN enjoy a long-term partnership in ICT. Ericsson Wallet Platform enables day-to-day transactions and also multiple financial aid projects supporting the people in need. Hand-in-hand, MTN and Ericsson are deploying this project to ensure the best customer experience while coping with the emerging needs of the society.“

Xxx at Ericsson says: “The deployment of Ericsson Wallet Platform in Sudan is an example of MTN's ongoing commitment to bring convenience and innovation to its subscribers while increasing customer satisfaction. This project is a key aspect to the economic development of the nation and will also be a key enabler for connecting and supporting the needs of the society.”

More than 300 million people worldwide currently use Ericsson’s Wallet Platform solutions, delivered by communications service providers. Ericsson and MTN enjoy a long-term partnership in Information and Communications Technology (ICT) and in mobile financial services particularly deploying Ericsson Wallet Platform in 17 countries across Africa and the Middle East.