Madagascar

Electronic wallet

Service specification

TypeDescription
Cash-out MethodDirect credit to electronic wallet in Malagasy Ariary (MGA).
Supported beneficiary account type - individual only
Supported sender type - individual only
Transaction Turnaround TimeReal-time: 24x7 (within 15 minutes)
Area availabilityMadagascar nationwide
Validation / VerificationValidation with the registered mobile number.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitAirtel Madagascar (EWMGAT)
Maximum per Transaction MGA 5,000,000.00
Minimum per Transaction MGA 300.00

MVOLA Madagascar (EWMGMV)
Maximum per Transaction MGA 5,000,000.00
Minimum per Transaction MGA 100.00

Orange Madagascar (EWMGORN)
Maximum per Transaction MGA 10,000,000.00
Minimum per Transaction MGA 100.00

Compliance accumulated limit MGA 20,000,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficial Account Number (bAccNum) is a beneficiary mobile number and must include the country code (eg : 261123456789).
· Sender and Beneficiary Phone Number is mandatory (with country code).
Do_Transfer bAccType Value2

List of e-wallet service

NoNameIssuer Code
1Airtel MadagascarEWMGAT
2MVOLA MadagascarEWMGMV
3Orange MadagascarEWMGORN