🇲🇬 MVola Madagascar • Telma *150# • FinTech & E-Money

Madagascar MVola Fee Calculator (Cash-Out & P2P)

Compute your cash withdrawal fees at MVola agent kiosks, account-to-account transfer tariffs, and use reverse calculation to guarantee exact net cash in hand in Malagasy Ariary (MGA).

⚡ Common MVola Transfer Amounts

Transaction Parameters

Ariary (MGA)
MGA

Maximum single electronic transfer limit: 2,000,000 MGA.

Official MVola USSD Code

Dial *150# on any Telma mobile device to open the interactive mobile wallet menu without data connection.

Tableau Recapitulatif Legal (Statutory Matrix)

Rubrique / Item Base / Regle Montant (MGA)
Estimated Cash-Out Fee
1,500 MGA
3.0% of withdrawal amount
Total Debited from Wallet
51,500 MGA
Net Cash Received
50,000 MGA

Transaction Summary

Principal Transaction Amount: 50,000 MGA
Service Fee / Commission: 1,500 MGA
USSD Access: *150# (Telma Free)

Madagascar Mobile Financial Services & Financial Inclusion

1. Market Leadership

Operated by Telma (Axian Group), MVola is Madagascar's pioneering electronic money institution and first licensed digital bank (MVola Bank), processing over 70% of domestic mobile transfers.

2. Interoperability

National inter-bank routing switches connect MVola with rival operators (Orange Money Madagascar *144# and Airtel Money *436#), facilitating cross-network remittances and merchant QR payments.

3. Micro-Credit & Savings

Beyond payments, MVola delivers instant micro-credit (MVola Avance) and interest-bearing savings (MVola Epargne), expanding financial inclusion across unbanked rural districts.

MS

Engr. Muhammad Shahzad

Verified FinTech & Systems Engineer

Principal systems engineer and African telecommunications fintech architect. Developer of mobile wallet pricing engines, agent commission models, and reverse remittance algorithms for MVola, Orange Money, and Airtel Money in Madagascar.