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Vodafone India’s M-Pesa Rolls Out Pension Payment Scheme
Vodafone India is pioneering a mobile money scheme allowing the state to pay social security pensions directly to an M-Pesa account across remote villages in the north of the country.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payments Could Boost Tax Revenue by Nearly $500 Million Each Year and Drive Economic Modernization in Tanzania
Many emerging economies are grappling with how to modernize their economies, improve transparency, drive sustainable growth and advance financial inclusion. This study on Tanzania’s digital payment initiatives reveals the very strong results achieved by the government so far.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Virtual Network Operators in India Band Together in Attempt to Develop $4 Billion Industry
Virtual Network Operators Association of India (VNOAI) has been incorporated with the objective of promoting activities geared towards the development of Virtual Network Operators industry, US$ 4 billion business opportunity in India.
- Categories
- Technology
- Region
- South Asia
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Eight Principles for Digital Payments in Humanitarian Response
Recognizing both the practical challenges to using locally available digital payment services and the powerful opportunity to leverage humanitarian spending to build inclusive, lasting financial infrastructure, 24 public, multilateral and nongovernmental organizations met in Barcelona earlier this year and developed eight principles for digital payments in humanitarian response.
- Categories
- Uncategorized
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Visa Begins Mobile-Money Service to Rival Safaricom’s M-Pesa
Visa Inc., the world’s largest payments network, introduced a mobile-phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest telecommunications company, Safaricom Ltd.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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It’s the Ecosystem, Stupid – Exploring the ‘Digital Poverty Stack,’ Part 1
Donor investments to leverage technology have largely failed to achieve their imagined potential, often producing sub-scale pilot projects which do not solve a real problem. Instead, donors should focus on building a “digital poverty stack,” a set of interoperable and reusable digital tools that can be built into a large number of applications.
- Categories
- Technology
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Marshaling Digital Cash for Humanitarian Challenges: Uniting Private, Public and Nonprofit
In addressing humanitarian crises, what unites us—a desire to save and improve lives—is greater than what divides us—outdated perceptions of the roles of aid vs. the private sector. By recognizing this, we can use digital preparedness to set building blocks on the road to resilience.
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- Uncategorized
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WorldRemit Brings Mobile Transfers to Malawi
Digital money transfer service WorldRemit has introduced overseas remittances to mobile money accounts in Malawi. Users of the WorldRemit app or website will be able to securely send money transfers to any Airtel Money account in the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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