-
WeChat targets mobile wallet technology in South Africa
In November last year, WeChat South Africa launched its wallet tech which allows electronic cash transfers and the ability to transact via cards verified by Visa and MasterCard. This month, WeChat South Africa has partnered with Stuff Magazine to allow readers of the print title to buy featured Incredible Connection products by scanning a QR code via the app.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Paytm offers unsecured loans to small businesses, Mobikwik to follow suit
Paytm wants to prise the vice-like grip of banks away from local moneylenders over the loan business. The mobile wallet company, which aspires to become a digital bank, has started offering unsecured loans to merchants such as the neighbourhood grocer or the mobile recharge shop or the auto driver, who use the wallet to accept offline payments.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
-
IFC and MasterCard to partner to broaden use of electronic payments by micro, small and medium enterprises
Universal financial access cannot be achieved by simply providing individuals a transaction account. Micro, small and medium Small Businessbusinesses—with whom most of the unbanked transact on a day to day basis—must be able to accept electronic payments.
- Categories
- Technology
- Tags
- digital payments
-
Telcos in Ghana to begin interest payments to mobile money subscribers
Some telecommunication companies are concluding moves to pay interests to their various subscribers once the Bank of Ghana directs on how the payments must be done.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
The Indian start-up that may sideswipe Apple Pay
With 900 million mobile phone users and a sophisticated biometric digital ID issued to every citizen, India is increasingly attractive to companies that provide mobile financial services.
- Categories
- Technology
- Region
- South Asia
-
Western Union introduces US-Cuba money transfers
The Western Union Company pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.
- Categories
- Uncategorized
- Region
- Latin America
-
The incredibly brilliant way people are now paying for things in Asia
In recent years, millions of people have grown accustomed to using messaging apps to communicate. Some of these apps now support person-to-person digital cash transfers. So the next step is pretty logical.
- Categories
- Technology
- Region
- Asia Pacific
-
(Reinvented) Weekly Roundup: Cashless Betting, Good Pod, Beautiful Resolve
NextBillion is changing the format of our Weekly Roundup. Rather than more lengthy, editor-written analysis of weekly events, on Fridays we’ll curate a number of news articles, announcements, tweets, videos and other media that captured our attention over the course of the week.
- Categories
- Social Enterprise
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.