About
EVC Plus is the mobile money service of Hormuud Telecom, described in 2025 as Somalia's largest telecoms operator; launched in 2011, it was the country's first mobile money platform. The wallet is tied to a Hormuud-registered SIM and moves digital US dollars, in an economy where over 95% of physical shilling notes were estimated to be counterfeit in 2021. It is used for daily payments and bills, and more than 145 NGOs use it for humanitarian cash aid. It received the Central Bank of Somalia's first mobile money licence in March 2021 and began linking to bank accounts via the central bank's payment system in 2024. It had over 4.5 million users as of August 2025, when GSMA re-certified it.
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