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Rwanda Launches Cross-Border Mobile Money Remittance Service
MTN Rwanda, one of Rwanda’s leading mobile network operators, Sunday announced the launch of a pioneering cross-border Mobile Money remittance service between Rwanda and Kenya.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Somalia’s Premier Bank to bring ATMs, debit cards to Mogadishu
Somalia's Premier Bank has struck a deal with Mastercard and will issue debit cards and install ATM machines in the capital of the war-ravaged country, the Islamic lender's top executive said on Wednesday.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Nepal commits to modernize economy through digital payments
Nepal recently announced an ambitious commitment to modernize its economy through digital payments, which include joining the Better Than Cash Alliance to foster inclusive growth and transparency.
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- Uncategorized
- Region
- South Asia
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In China, Alipay Wallet follows WeChat with launch of mobile city service payments
China’s tech giants are working hard to make sure that consumers use their phones to pay for things. Today Alipay Wallet, the Alibaba-affiliated mobile wallet, announced it now enables Chinese users to fulfill municipal fees in 12 cities.
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- Uncategorized
- Region
- Asia Pacific
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The Year of Mobile Payments
Ask most people what the state of mobile payments is today, and they’ll tell you it’s just kicking off. With Facebook announcing the option to send money to friends via Messenger and the release of Apple Pay last year, 2015 has excitedly been dubbed “The Year of Mobile Payments.” Yet what most people don’t realise is that these services are already lagging 10 years behind.
- Categories
- Technology
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Google Wallet Funds Are Now FDIC-Insured
Google (GOOGL) is making a big change to its mobile payment service, Google Wallet, Yahoo Finance has learned. Funds that are left in Google Wallet will now be FDIC-insured, which means Google users’ money is now a whole lot safer — and they probably never even knew it.
- Categories
- Uncategorized
- Tags
- digital payments
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Why Is Apple Inc.’s Mobile Payment System Struggling in the World’s Largest Smartphone Market?
China is a great market for Apple (NASDAQ: AAPL ) . In fiscal Q1 2015, the company reported $16.1 billion in revenue from the greater China region (which includes Hong Kong and Taiwan), up 70% year over year.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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IFC, MasterCard in $250M Risk Sharing Pact to Drive Financial Inclusion
International Finance Corporation (IFC), a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration to increase universal financial access by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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