Stevie Awards is an award described by the New York Post as the Oscars of international businesses.

Lumitel officially started offering its e-wallet services in March 2017. At that time, there were two e-wallets in Burundi, Ecocash and Smart Pesa. However, after less than a year, Lumitel's e-wallet has been distributed to 16,793 agents, covering 86% of the territory of Burundi, and has become the mobile money service with the largest distribution channel in Burundi.

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Currently Lumicash ranks 1st in Burundi with 1.4 million active subscribers.

Burundi is one of the 10 poorest countries in the world and Lumitel’s e-wallet is the only electronic wallet that can be used on both mobile phones and on the platform of the 2G network. Currently Lumicash ranks 1st in Burundi with 1.4 million active subscribers (equivalent to more than 60% of the market share). Since the beginning of 2019, Lumicash has become the only profitable Vietnamese e-wallet in the country.

With this e-wallet people in Burundi can transfer and withdraw money. They can also pay taxes, fees, and charges such as electricity and water bills. In addition to these services they can also buy digital prepaid cards for their mobile phones. After successfully deploying basic services, Lumitel's e-wallet is developing payment solutions for corporate customers, non-governmental organizations, and international agencies (UNHCR, WFP...). In the future, Lumicas will implement some new services such as API, QR code and APP.

After more than 2 years of operation, Lumitel's e-wallet has contributed significantly to increasing the percentage of Burundi people using e-wallets to 18%, which is much higher than the percentage of people who have bank accounts (7%).

Translated by Lam Anh