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Safaricom to Further Expand M-Pesa
Kenya-based mobile operator Safaricom entered discussions with five companies to increase the availability of M-Pesa services, according to a local press report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Can Only Love for Our Postman Ensure Success for India Post Payments Bank?
People have been waiting eagerly for the launch of the India Post Payments Bank or IPPB, the largest among the eight that are likely to start operations over the next few months. Eleven entities received the Reserve Bank of India’s (RBI’s) in-principle approval for floating payments banks but three of them have left the field.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Nigeria’s GDP Will Get $88 Billion Boost With Digital Financial Services
With improved and consistent adoption of digital financial services in the country's payment system, about $88 billion will be added to Nigeria's Gross Domestic Product (GDP) by 2025.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Vodafone launches M-Pesa Pay feature to enable merchants in India to receive mobile money payments
With an eye on the spurt in cashless transactions which will come about after the Government's demonetisation move, second largest telco Vodafone today launched a special feature on its mobile wallet to enable merchants for receive payments.
- Categories
- Technology
- Region
- South Asia
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3 Lessons to Guide Designing Better Financial Tech For The Developing World
On a recent development project in Pakistan, researchers and designers watched closely as a woman picked up a smartphone and opened an app. For someone with a low literacy level, and who had never used a mobile money app, she moved across the screens with surprising ease.
- Categories
- Technology
- Region
- North Africa & Near East
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Pokemon Go Probably Didn’t Make Its Users More Active After All
In July 2016, when Nintendo unleashed its Pokemon GO game (which uses augmented reality to let players find Pokemon in the real world), many salivated over an enticing idea: at long last, a video game—a video game—had successfully convinced people to get more exercise.
- Categories
- Health Care, Technology
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Study: Mobile money drives financial inclusion
Financial inclusion expanded 8 percentage points year-on-year in 2015, driven by growth in mobile money, according to a recent study. About 43 percent of Bangladeshis are financially included, says the study conducted by Washington-based research company InterMedia with funding from the Bill and Melinda Gates Foundation based on statistics of 2015.
- Categories
- Technology
- Region
- South Asia
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Kenya: Thousands of Kenyan Single Mothers, Widows Use Mobile Money to Escape Poverty
Almost 200,000 Kenyan households, many headed by poor, rural women, have lifted themselves out of poverty using mobile money services, experts said on Thursday, calling for the technology to be introduced in other developing countries.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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