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Mixed Fortunes for Agents as Customers Embrace Direct Cross-Border Mobile Money Transfer Service in Rwanda
Electronic payment systems, like mobile money services, have become one of the most convenient ways of paying utility bills, as well as sending money to the remotest village and buying top-up airtime. From students to the working class, traders, and peasants, anyone with a mobile money service registered cell phone number is one only an agent-away from receiving their cash.
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Equitel Share Rises as Safaricom’s Declines
Equitel, the telecommunications arm of Equity Group, grew its share of the mobile telephony market to 2.4 per cent in June from 1.9 per cent in March, fresh official data showed on Friday, as big players marginally lost ground.
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- Technology
- Region
- Sub-Saharan Africa
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e-Paisa Starts Accepting Wallet Payments from Paytm, Mobikwik
Payments service provider, Paytm, Mobikwik and Citrus haver tied up with e-Paisa, to enable easy payment option to customers to pay at retail outlets like grocery stores, restaurants and other small brick and mortar merchants through their mobile wallets.
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- Uncategorized
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- South Asia
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- digital payments
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Report: New-Age Banking Increases the Ambit of Financial Inclusion in India
Over the past decade, the Indian banking sector has witnessed a sustained push in the form of a number of initiatives and reforms from the government as well as the Reserve Bank of India (RBI). The sector has grown significantly in terms of customer base, coverage and business.
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- Uncategorized
- Region
- South Asia
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Snapdeal and FreeCharge Launch the Mother of All Mobile Wallets in India
When ecommerce marketplace Snapdeal acquired mobile top-up site FreeCharge in April – the biggest acquisition in India to date – the promise was to build a digital commerce ecosystem. An important piece of that jigsaw fell into place today with the launch of a new mobile wallet by Snapdeal and FreeCharge jointly.
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- South Asia
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- digital payments
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Vinod Khosla-Backed Novopay Launches Mobile Wallet in India
Novopay Solutions Pvt. Ltd on Wednesday unveiled its consumer wallet, which allows payments at neighbourhood stores, remittances and withdrawals.
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- Region
- South Asia
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Mobile Finance and Commerce 2.0: Mondato Summit Asia to discuss why emerging Asia could lead the way – Oct. 20-21, 2015
The mobile finance and commerce (MFC) ecosystem in the Philippines and across emerging Asia has grown to the point where it is on the verge of producing “MFC 2.0,” and leading the world in innovation. Mondato Summit Asia will bring together thought leaders and practitioners in Manila on Oct. 20-21 to discuss what the future of MFC is likely to look like in this region and beyond.
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More Rwandans Go Digital As Rate of Poverty Drops
The number of Rwandans owning a mobile phone has increased from 6.2 per cent of the country's total population in 2000 to 63.6 per cent in 2014 as poverty dropped to 39 per cent, the fourth Integrated Household Living Survey, launched yesterday in Kigali, says.
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- Technology
- Region
- Sub-Saharan Africa