Accordingly, Telemor’s Mosan e-wallet excelled over other major banks such as Portuguese Bank (BNU Portuguese Bank), Timor-Leste Commercial Bank (BNCTL) and ANZ Bank to win the prize. Telemor now has more than 400 transaction points in Timor-Leste. Launched in October of 2018, Telemor’s Mosan e-wallet is the first e-wallet provided by a mobile service provider in Timor-Leste. For nearly a year, Mosan has maintained a monthly subscriber growth rate of 40% and has quickly developed a network of more than 400 transaction points, which is more than the total number of branches and transaction offices of all of five major banks operating in Timor-Leste combined. Translated by Lam Anh
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