Award Winning Flow Lend Issues Over US$1M In Mobile Credit In Less Than Six Months
Flow has been keeping its prepaid mobile customers connected with its cashless mobile top-up app, Flow Lend, which advanced more than US$1Million in less than six months in mobile credit – and, in partnership with JUVO, won the Mondato Innovation Award for Digital Finance and Commerce (DFC) earlier this month.
James McElvanna, VP Products, Cable and Wireless, operator of Flow said, “We are proud to have partnered with JUVO to develop an app that addresses the needs of our customers, which in this case is anytime, anywhere access. Since many of our prepaid customers don’t use credit cards, and usually rely on in-store cash top ups, Flow Lend gives them the assurance that they can always stay connected, even when they are out of cash and can’t make it to a top-up station. We’re happy to provide this convenient option to our customers, and we’re honoured to be recognized for our efforts and investment in technology that has transformed our customers’ experience.”
Steve Polsky, Founder and CEO of JUVO said, “C&W is a true partner and we are thrilled to be working with their team to offer Flow customers real time access to credit to help them stay connected. Receiving the Mondato Innovation Award, along with the high volume of credit advances issued via Flow Lend, reaffirms the real need for this solution – and we’re excited to provide the Identity Scoring technology that powers it.”
All prepaid mobile customers who top up regularly are eligible for credit advance from Flow Lend. The app tracks the frequency of top ups and other usage patterns to determine which customers have met the requirements for an advance. Once approved, customers can use Flow Lend to request instant, interest-free credit when they’re running low. The loan amount must be repaid within 30 days via any regular Flow top up method. By consistently paying back on time, they can gradually borrow more and never have to worry about running out of credit.
“We are addressing a real need for many of our customers who may have little or no credit and may be caught in a situation where they desperately need to be in contact,” said McElvanna, highlighting the app’s benefits. “For example, the mother who needs to call the doctor’s office to make an appointment for her sick child no longer has to wait until she has the cash to go buy credit; the teenager who’s nearing a low balance late at night doesn’t have to leave the comfort and security of his/her home to visit a top up centre. Regardless of the circumstance, Flow Lend is available to our customers, anytime, anywhere.”
This announcement provides an update on the Third Quarter performance and financial position of the Group since the six months ended 30 September 2015.
Cable & Wireless Communications plc results for the six months ending 30 September 2015
This announcement provides an update on the First Quarter performance and financial position of the Group since the year ended 31 March 2015. Interim results for the period ending 30 September 2015 are expected to be announced on 5…
CaribbeanTales Flow Into Production Leading Film Producers Begin Production On Three New Pilots23 February, 2017
Three of the Caribbean’s leading film producers will now develop pilots for their original TV series projects, via funding from Flow and CaribbeanTales Media Group. With $40,000 funding for each project, production work will begin on Battledream Chronicle, a sci-fi/drama animated…
Cable & Wireless Reports Preliminary Results For The Period Ended December 31, 201616 February, 2017
QTD Rebased Revenue Growth of 1% to $594 million ; Jamaica Mobile Subscriber Base Over 900,000; Up 56,000 in Quarter; Panama "Mast3r" Bundles Gaining Traction
Flow customers will now have even more access to international news with the addition of the Sky News HD network to Flow TV’s channel line-up. Sky News was the first 24/7 breaking news network in Britain, and is one of the…