Viettel Group, Hanoi, Vietnam: Mosan is the top-of-mind brand in the fintech industry in Timor Leste.

Granted the license in August 2018, Telemor's MOSAN e-wallet is the first electronic wallet that is allowed to operate in Timor Leste with a network of transaction points covering 13/13 districts and a rapidly growing customer base. MOSAN is the result of Viettel Timor’s persuading and building credibility with the Timor-Leste Central Bank in more than 2 years. Officially launching its operation in October 2018, MOSAN has made the electronic financial market in Timor-Leste significantly change.

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Timor-Leste's banking sector is poor. The 2022 Timor Leste Bank Central analysis expects only 138 ATMs and 260 POS.

These challenges motivate Mosan to pioneer financial services in Timor Leste.

Mosan simplifies. Mosan offers daily basics at reasonable prices and limitless discounts. Mosan invented money transfer. Mosan facilitates inexpensive money transfers. Timorese can visit one of 2100 Mosan agents without smartphones.

Pulsa, data packs, electricity, and QR code bills with infinite daily incentives are also available.

Second, Mosan will collaborate on government social projects. Mosan and MSSI gave 50.000 consumers cash in June.

Since 2018, 280.000 wallet subscribers, 2.100 agents, and 800 establishments have accepted Mosan payments. Mosan serves all Timorese sucus. Monthly wallet cash flow averages $7.5 million.

Timor-Leste's communication fintech leader is Mosan. In 2019, the Central Bank honoured Mosan for his financial sector progress. Mosan creates social IMC marketing. On Independence Day 2023, Mosan launched the "Change for the Better" campaign to encourage change and perseverance.