-
Five Reasons NGOs and Social Enterprises are Going Cashless
With over 250 services deployed in 89 countries worldwide, mobile money has enjoyed explosive growth among consumers in emerging markets. But digital payments are also transforming the work of development-focused organizations, many of which are shifting their bulk payment systems from cash to digital. This post explores the far-reaching organizational and financial benefits of this approach.
- Categories
- Uncategorized
-
PayPal plans Latin America growth with América Móvil alliance
PayPal is teaming up with Mexican telecommunications giant América Móvil as it looks to expand in Latin America.
- Categories
- Uncategorized
- Region
- Latin America
-
China’s Mobile Payment Revolution Is Going to Africa
With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China's enormous mobile payment market. The company will be battling for market share with e-commerce giant Alibaba's Alipay and Tencent's WeChat Wallet, which dominate China's mobile payment arena.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
More phones, few banks and years of instability are transforming Somalia to a cashless society
In the streets of Mogadishu, the future has arrived: cash is disappearing, credit cards are unnecessary, and daily shopping is speedy and digital.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Africa’s Big Banks Are Betting on Fintech Startups and Bitcoin to Beat Disruption
African banks have been late to the fintech party, but after leaving huge swaths of the population to get their financial services from telcos(most famously Safaricom’s M-Pesa in Kenya), banks here are increasingly seeing the continent as a testing ground for new financial technologies like bitcoin and the blockchain.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Bangladesh Moving Toward Major Financial Inclusion Push
In a massive step, the government is going to expand digitalisation of financial transaction across the country and take it beyond the banking system.
- Categories
- Technology
- Region
- South Asia
-
Are Mobile Wallets Here to Stay? Or Is Cash Still King for the Indian Consumer?
A burgeoning middle class, rising levels of disposable income, better internet services than ever before, skyrocketing growth of smartphone usage, investor money flowing into the mobile payments industry– the time has never been better for India’s mobile wallet startups, for sure. But is the Indian consumer reluctant to give up cash? If so, why?
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
New Company From GiveDirectly Founders Aims to Streamline Payment Systems
The Global Innovation Fund announced its first round of investments on Tuesday, the first of which went to Segovia, a software technology platform to streamline payment systems.
- Categories
- Technology
- Tags
- digital payments, fintech
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.