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Press Release: First Ever in India: MoneyOnMobile Enables Mobile Money Order via SMS
MoneyOnMobile (MOM), India's leading mobile payment solutions provider, has announced the introduction of one of its kind instant 'Mobile Money Order' service via SMS. This is the first time inIndia that "mobile money order via SMS" has been offered. MoneyOnMobile had earlier announced the launch of its app-based domestic Mobile Money Order service for customers in January 2015.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Why Financial Inclusion May Well Depend on Cyber ID Data: Digital IDs are quick and cost-effective – but more data on unbanked customers is needed
Among the obstacles to digital financial inclusion is the challenge of serving people who lack traditional identity data. But as Trulioo founder Stephen Ufford explains, our online activity creates a digital footprint that can be used to identify us quickly and cost-effectively. He describes how Trulioo is cultivating partnerships to advance its goal of establishing a digital ID for the entire global population.
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2014 Mobile Money Transfers Up By 80 Percent in Zimbabwe
The value of mobile money transfers rose by 80 percent to $1,4 billion in 2014 against the prior year in tandem with the now widespread use of cell phones in Zimbabwe.
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- Technology
- Region
- Sub-Saharan Africa
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100 Million+ People Use Mobile Money Each Month: From P2P transfers to bill payments, here’s how they’re using it
Around 103 million people globally are making transactions using mobile money each month. Alix Murphy, Senior Mobile Analyst for WorldRemit, takes a close look at the types of transactions people are making, and how they are actually using mobile money in their daily lives.
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- Education
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India’s MoneyonMobile Sees 27% One-Month Jump in Transaction Processing
MoneyOnMobile is continuing to ignite India’s mobile money scene — topping 131 million users in March, the company announced yesterday (April 14).
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- Uncategorized
- Region
- South Asia
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Airtel Money Hits Over 1 Million Transactions in a Month in Ghana
Airtel Ghana, multiple award winning company has attained another great milestone with its Convenient, Secure and Instant mobile money service.
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- Technology
- Region
- Sub-Saharan Africa
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India’s Paytm Crosses 50 Million Digital Wallets
Mobile payment processor Paytm said on Monday that it now has over 50 million wallets on its platform and is expected to touch 100 million by 2015.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Weekly Roundup: Sympathy for the Super-Rich: They don’t care much about socially responsible investing – but are the rest of us any better?
Only 20 percent of investors with a net worth of $5 - $25 million factor social responsibility into their investing decisions, according to a recent survey.
You may be rolling your eyes at the obliviousness of these multi-millionaires to the potential impact of their wealth. That was my initial reaction – until I remembered the email I received last January.- Categories
- Investing, Telecommunications