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Six ways to move money in India
A look at ways to make payments, based on convenience, cost efficiency and usage.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Humanitarian Disasters are Getting Worse – Can Cash Transfers Get Better?: Navigating the challenges of e-transfers
It’s not your imagination: natural disasters are getting worse. Humanitarian agencies often respond with cash transfers, and many are now exploring digital options to get these funds to recipients more quickly and securely. We spoke with Sara Murray of the E-Transfer Learning Action Network and Rosa Akbari of the International Rescue Committee about the challenges and opportunities of this new approach.
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Sending money out of South Africa set to become easier and cheaper
An exemption to a financial intelligence law will reduce the cost and lessen the bureaucracy involved in transferring cash across the border.
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- Uncategorized
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- Sub-Saharan Africa
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Shaking up global remittance market: Startups & telcos making money available at the click of smartphones
New tech startups and traditional telecom operators are taking advantage of the rapid rise of smartphones in many emerging economies to reduce the barriers - and costs - of sending cash overseas.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya Equity Bank targeting 100 million African customers for its mobile payment and banking service
Kenya's Equity Bank Ltd., which has started a new mobile payment and banking service called Equitel, is seeking 100 million customers in Africa within 10 years and the first five million by the end of 2015.
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- Uncategorized
- Region
- Sub-Saharan Africa
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A ‘Small Revolution’ in Ecuador?: The world’s first national e-money platform has reshaped the ecosystem – but will a government-led model work?
In December, the government of Ecuador launched the world’s first state-run e-payment system. The platform addresses the interoperability problem that has plagued the mobile ecosystem in other countries, and it’s affordable to the poor - though questions remain about whether a top-down approach will prove effective. The experiment could have repercussions for other countries in the region.
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Banks Challenge M-PESA in Kenya: What their emergence could mean for the world’s leading mobile money market
Since its launch in 2007, Safaricom’s M-PESA has dominated Kenya’s mobile money market. However, new data from the Helix Institute of Digital Finance shows that this now seems to be changing, as banks are taking a growing slice of the pie. Helix explores why this could be a positive development for customers – and for the overall market.
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PRESS RELEASE: Bangladesh Government joins the Better Than Cash Alliance
Aligned with the nation's Digital Bangladesh Vision 2021, the Government of the People's Republic of Bangladesh today announced it will accelerate its transition from cash to digital payments, marked by a new partnership with the Better Than Cash Alliance.
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- Uncategorized
- Region
- South Asia
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