Digicel Samoa and Unit Trust of Samoa announce MyCash Partnership

Digicel Samoa and Unit Trust of Samoa announce MyCash Partnership

Apia, Samoa – Tuesday, 28 November 2023.

Digicel Samoa and the Unit Trust of Samoa (UTOS) are pleased to announce a new partnership to utilise the MyCash platform. This provides UTOS unitholders with an additional digital platform, which will allow them to conveniently purchase units using the Digicel MyCash App.

This collaboration aims to enhance accessibility and user experience for the unitholders. The Digicel MyCash App is known for its features such as receiving remitted funds, paying bills, and facilitating online purchases. With this partnership, MyCash users who are UTOS unitholders can now effortlessly top-up their investment accounts through the app.

The strategic alliance between Digicel Samoa and UTOS aims to meet the increasing demand for modern and convenient financial services in today’s digital world. By integrating UTOS on the Digicel MyCash App, customers can easily top up their accounts at their convenience from any location and eliminating the need to physically come in to the office.

UTOS CEO, Tevaga Viane Tagiilima, stated; "UTOS values the role of technology and over the years it has worked hard to enhance its online presence. This includes providing various secure and effective digital platforms to enable unitholders to transact in an efficient manner. This partnership with Digicel is a testament to UTOS’s commitment to provide its unitholders with digital options to top-up their accounts.

” Digicel Samoa CEO, Anthony Seuseu, said; “This partnership breaks down barriers to financial investment access, opening doors to financial stability and growth for all Samoans. As we continue to ride the wave of digital transformation, it is crucial to ensure that our people are equipped with the tools and opportunities for financial empowerment."

The partnership between Digicel Samoa and UTOS is focused on promoting financial inclusion together with increased awareness on available investment opportunities. The Digicel MyCash App allows unitholders to top-up their investment accounts and access the benefits that UTOS has to offer. General Digicel Samoa offers a wide range of services to individuals, businesses, and organisations throughout Samoa.

As a Digital Operator, Digicel Samoa is dedicated to providing digital experiences and empowering customers with cutting-edge technologies. UTOS (Trust) is a private trust owned by the Unitholders with its assets entrusted to a Trustee Company, which holds in trust the funds of the unit holders.

These funds are invested into a diversified portfolio of assets ranging from term deposits, government securities and shares in privately owned companies. Its social objective is inclusivity; allowing for accessible and affordable investment for ordinary Samoans.

Its commercial objective is to generate sustainable returns for the unit holders from a risk assessed and balanced investment portfolio. Unitholders may purchase units via MyCash or by dialing *888#.