-
Mastercard Commits to Financially Including Over 150,000 Kenyan Merchants With Masterpass QR
Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR. The mobile driven, Person-to-Merchant payment solution will be introduced through various financial institutions and other partners in the market from February onwards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
In Delivery Drones, Scrappy Can Beat Costly
A drone named Frankenstein may hold important lessons for the use of unmanned aerial vehicles, or UAVs, in humanitarian aid, development or environmental conservation.
- Categories
- Health Care, Technology
-
Artoo Partners with Microfinance Institution Grameen Koota in India
Grameen Koota, a pioneer in rural lending, is expanding its product portfolio and venturing into Individual lending for its rural customer base. To this end, it has partnered with FinTech firm Artoo to develop a digital lending model to launch Individual business loans. Artoo’s intelligent digital platform will enable it to go paperless and reduce loan approval and go-to-market time significantly.
- Categories
- Technology
- Region
- South Asia
-
How the mobile can power digital India
The call for digital cash, or going cashless, has never been as loud and clear as it has been in the past two months across India. One of the positive impacts of demonetisation has been the exploration of alternate methods of payment such as credit and debit cards, online money transfer and payments, use of e-wallets, digital transaction apps such as BHIM, etc. The various means of digital payments have made life a little easier.
- Categories
- Technology
- Region
- South Asia
-
Kenya: Big Banks, Telcos Slow to Heed Order on Fees Disclosures
Big commercial banks and telecommunications firms are lagging behind in implementing a directive to disclose all fees incurred in mobile money transactions. The Competition Authority of Kenya (CAK) says that eight companies are thus far making these disclosures to customers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Indian Digital Wallet Firm MobiKwik in Talks to Raise Funds, Eyes $1-Billion Valuation
Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level that would give the start-up a $1 billion (roughly Rs. 6,698 crores) valuation, as it pushes to forge new ties with banks and offer new financial services on its platform.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
Smartphones Have an Unexpected New Rival
Last week, an Indian government official announced that iPhones will start rolling off an assembly line in Bangalore by the end of April, targeted at local customers. It's a big moment for Apple Inc., which is counting on India's emerging middle class to make up for slowing sales in other markets. But don't bet on the iPhone conquering India, or any other emerging market, just yet.
- Categories
- Technology
- Region
- South Asia
-
MasterCard Partnering with Kenyan Government to Roll Out New Payment Card
Mastercard is partnering with the local government in Kenya to help address the growing problem of citizens having to move from place to place in order to access and pay for government services.
- Categories
- Technology
- Region
- Sub-Saharan Africa