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Startups innovate to make payments faster in India – but e-wallets face Ashley-Madison-like threats
People are slowly moving towards using digital and electronic payment modes, but payment startups face challenges such as customer awareness, fears about security, and concerns about product or service delivery.
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- Uncategorized
- Region
- South Asia
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Buying with bitcoins in India
With the increasing ease of using them for purchases through mobile apps, bitcoins are quickly transitioning from being trading units to shopping currency.
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- Uncategorized
- Region
- South Asia
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- digital payments
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10 Challenges That Could Make or Break India’s Payments Banks: Their revolutionary potential is no guarantee
Last week, the Reserve Bank of India announced that it will issue 11 Payments Bank (PB) licenses, permitting a variety of institutions to provide a limited slate of financial services to underserved populations. The RBI hopes PBs will “revolutionize banking” in India, but their impact is not guaranteed. Here are 10 challenges PBs will face – and how they can live up to the government’s ambitious goals.
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5 tech startup ideas that Kenya can export
Having pioneered mobile money solutions like MPesa and crowd-sourcing platform Ushahidi, Kenya’s innovative, resilient and global-looking tech community is working on the next big thing.
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- Technology
- Region
- Sub-Saharan Africa
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- digital payments
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Consumers lose out as Safaricom and Equity tariff wars intensify
A fresh storm is brewing between Kenya’s financial services giants, Safaricom and Equity Bank, over the rates being levied to consumers making transactions across the two service providers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Bharti Airtel and Uber Announce First-of-its-Kind Strategic Partnership
As part of this partnership, Uber riders across India can now pay for their trips using Airtel mobile wallet service – Airtel Money.
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- Uncategorized
- Region
- South Asia
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- digital payments
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Indian Payment Solutions Provider ePaisa Incorporates Bitcoin Payments
ePaisa, an Indian payment processor that offers mobile based cash and card payment applications for small and medium businesses has now included bitcoin as one of the payment options.
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- Uncategorized
- Region
- South Asia
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- digital payments
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Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
- Categories
- Technology
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