Most people are tired of the long lines  and poor service at traditional banks. In facts 53% of our population are unbanked or underbanked. Yet everyone has a cell phone.

Enter Mdollaz Ltd. !

A Bahamian  company dedicated to financial inclusion to all persons in society. We offer financial products to everyone including persons that are not a traditional customer of banks.

Sign up as an agent today and benefit from our revenue sharing transactions while increasing traffic flow to your establishment and improving your cash management.

We envision a Bahamas where everyone, including those not traditionally served by banks, can have access to financial services they can trust. We will help them save and invest, and will help empower them to have better lives.

It is our mission, to empower individuals and bring them into a regulated environment. We are not in competition with the banks, we are instead bringing financial services to customers that are normally too costly for traditional banks to serve.

Our Products and Services

Wallet/Account

The end-user’s mobile phone number is his wallet/account number. The optional mWallet app for the end-user can be downloaded onto any Android or IOS device. The end-user then has easy access to his balance and transaction history.

Airtime Topup

The end-user can top-up his airtime by using his feature phone, with IVR or USSD, or with his smartphone, through the web portal or with the MDollaz mWallet. The end-user can also visit an agent to perform this service.

Bill Pay

The end-user can pay his bills securely and conveniently on his feature phone or mWallet app, or by paying with cash at a point of service.

Cash In & Cash Out

The end-user can visit an agent, representing the bank in the field, to securely perform a cash-in or a cash-out, crediting or debiting his wallet/account.

Merchant Payments

End-users can securely and conveniently pay in stores with their phones using their wallets/accounts. Any cell phone can be used, no matter the telecom operator or type of phone. Merchants can partner with the MDollaz client bank to accept MDollaz payments in their stores, offering their customers a convenient contactless payment experience that is extremely secure and user-friendly. The merchant downloads the TP1600 app from Google Play or from the App Store.

P2P Transfers

End-users can send money in many different ways, be it over the counter with an agent or directly from their feature phone or mWallet app. It is also possible to use IVR, USSD, app and web channels for transfers without the assistance of an agent. When receiving cash from another individual, the recipient can choose to leave it on his wallet/account.

Prepaid Card Recharge

Optional: Your account can be used with a card. Load your card from any mobile phone.

Works with any cell phone!

Have a smartphone? It works!

Have a featurephone? It works!

MDollaz is designed to work with any phone any where!

Our Customers


As a financial inclusion company, we strive to touch all aspects of our society and provide our customers with access to financial services without the big fees.