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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
- Region
- 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
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Three Ways the Mobile Finance Ecosystem Can Reach the Next Level: Grameen Foundation takes a look ahead
Mobile finance has spread around Africa and the world, but many still live beyond its reach – especially in rural areas. And both technical and business challenges still make it hard to reach them. In the final post in their series on how microfinance can go digital, Grameen Foundation explores three ways progress will need to be made for the global mobile finance ecosystem to take the next steps.
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- Uncategorized
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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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- Uncategorized
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