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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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- South Asia
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With 2.7 million customer base, iPay gears up to become a billion-dollar company in India
iPay offers a tablet based e-inventory which connects the consumers to e-sellers through local retailers, allowing consumers in smaller cities to purchase online by paying offline.
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- Uncategorized
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- South Asia
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Former U.N. Official: Bitcoin Has Potential in Fragile States
Having worked in humanitarian affairs and on the ground in conflict zones for the last 20 years, Ben Parker provides a unique perspective on how bitcoin could succeed where it's perhaps needed most – in struggling developing nations.
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Rwanda: MTN, Western Union Sign Mobile Money Transfer Deal
It will now be easy for Rwandans living abroad to send money to their relatives back home following the launch of a new mobile money transfer service by MTN Rwanda and Western Union, a global money transfer service firm.
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- Uncategorized
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- Sub-Saharan Africa
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The Big Advantages of Being Small: How a mobile money startup beat the major players in Zambia
Once called “the best kept secret in Africa,” the digital finance company Zoona has quickly advanced from a scrappy startup to one of the leading mobile money providers in Zambia. Jungwon Byun describes how, despite being outmatched in terms of size and capital, Zoona has outcompeted the telcos and established banks in the country.
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Ecobank/MasterCard Partner to Expand Payments in Africa
MasterCard announced on June 15 a new partnership with Ecobank to push electronic payments over the next 10 years in 32 sub-Saharan African countries – where, according to Michael Miebach, MasterCard President, Middle East and Africa, 90 percent of transactions are made in cash.
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- Technology
- Region
- Sub-Saharan Africa
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Weekly Roundup – Walter Peck Had a Point: Why regulators and entrepreneurs sometimes have to ‘cross the streams’
There were plenty of supernatural bad guys in the movie Ghostbusters, but the villain you probably despised the most was the overbearing EPA agent Walter Peck. But while he may have been a jerk, his efforts to regulate the Ghostbusters were absolutely justified. We (somehow) tie the film to recent events in Uganda’s mobile money industry in this roundup.
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10 Key Issues Shaping Mobile Money in Africa: Takeaways from the Mondato Summit Africa
Africa is ground zero of the mobile money revolution, a rapidly developing and exciting – but often chaotic and confusing – space. Last week, some of the top names in the industry gathered in Johannesburg at the Mondato Summit Africa to bring some clarity to its present and future. We’ve put together 10 key takeaways from the event.
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- Agriculture, Health Care, Technology