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Mozido Expands Into Africa With NettCash Acquisition
The Austin-based cloud platform mobile payments and retail engagement solutions provider announced today (July 21) that it acquired majority ownership of Zimbabwe mobile wallet company NettCash, further establishing Mozido’s foothold in Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Mobile Payments Market Set to Deliver 150% Growth in 2015
A new report from Juniper Research has found that the number of mobile money transfers is expected to increase by nearly 150% in 2015 to more than 13bn, with several social media firms already seeing a dramatic rise in service usage.
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Five Trust Issues That Are Undermining Mobile Money: Surprisingly, says MicroSave, fraud is not customers’ biggest concern
After years spent overcoming the core challenges of establishing large-scale, sustainable digital finance systems in developing countries, attention is now shifting to consumer protection. According to Graham Wright, many of the key consumer protection issues relate to basic customer service – and they appear to be undermining trust and thus reducing both uptake and usage.
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- Education
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Illicit Financial Flows: Digital Pirates Costing Africa Big Bucks, but Mobile Banking Could Surprisingly Save the Day
Illicit Financial Flows (IFF) are moving to the forefront of the international agenda, as governments worldwide join forces to combat money laundering, tax evasion, and international bribery, which make up the bulk of such flows.
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- Technology
- Region
- Sub-Saharan Africa
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Africa Leads Mobile Money Boom
New data from Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services - with $2bn in revenues forecast for this year and $4bn annually 2018...
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- Technology
- Region
- Sub-Saharan Africa
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How the Internet of Everything will help bank the unbanked in India
As digital frontiers expand, banks will be able to deliver highly customized services at relatively low costs and expand their customer base by reaching people who were until now outside the banking ecosystem.
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- Technology
- Region
- South Asia
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India Poised For Mobile-Payments Revolution As Internet Giants Alibaba, Amazon Move In
A host of new players – from Amazon to Alibaba-backed One97 – are introducing a range of mobile-payments systems that could provide the backbone for an e-commerce boom.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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India to Offer Tax Benefits to Encourage Electronic Payments
The government has put out draft proposals on Monday to encourage electronic transactions in the country.
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- Uncategorized
- Region
- South Asia