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Walmart Taps Alipay to Bring Mobile Payments to 25 China Stores
The world of mobile payments in China keeps heating up.
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- South Asia
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- digital payments
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Kenya’s Mobile Finance Revolution Takes the Next Steps: Two new developments go far beyond mobile money
Kenya’s mobile finance market is evolving, and for the country’s leading financial services players, that evolution has been a profitable one. But beyond M-PESA’s remarkable payments revolution and the continued growth of M-Shwari’s mobile banking services, there are two other important developments in the Kenyan market. MicroSave founder Graham Wright discusses their impact.
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Viewpoint: Does Virtual Currency’s Past Dictate Its Future?
After almost 20 years in the payments industry, I've learned to appreciate its history. That's why, with the growing popularity of virtual currency over the past couple years, I decided to do some digging into its past.
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- digital payments
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Airtel and Verifone Team on Mobile NFC Payments in Ghana
Mobile network operator Airtel has teamed up with Verifone Mobile Money to bring contactless m-payments to Ghana.
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- Technology
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- Sub-Saharan Africa
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Six Nigerian Banks Unveils New m-Payment System
Mobile payment system just got more convenient in Nigeria as a consortium of six banks have inaugurated the Unified Payments’ electronic money transaction scheme known as PayAttitude.
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- Sub-Saharan Africa
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- digital payments
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What a Western Union, MoneyGram Merger Would Mean to Africa
Shares in MoneyGram International, one of the largest money transfer firm s in the world, rallied as much as 41 percent after Bloomberg, citing sources close to the deal, reported that the industry leader Western Union was in “early stage” talks to acquire MoneyGram.
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- Sub-Saharan Africa
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Another Use for Mobile in Microfinance: Getting Honest Feedback On Sensitive Topics
When our team first started doing this work four years ago, I used to get asked all the time, "So are you giving out mobile phones?" We use mobile technology to reach invisible populations like factory workers, farmers and, most recently, microfinance borrowers. In the last four years, mobile penetration has continued to skyrocket. India has three times as many mobile phones as the United States, and 78 percent mobile penetration. So the answer is no, we do not need to give out mobile phones.
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Could Stellar Be the Answer to Enable Financial Inclusion Around the Globe?
When the internet first came round in the mid-nineties, people didn’t expect to see impactful tools like open-source libraries like Wikipedia or renting sites like AirBnb or car-sharing ones such as Uber and Lyft. As an open tool, the internet has laid the foundation for these products to be born, reaching audiences far and wide with powerful applications that impact most of our daily lives, whether we like it or not. But a lot of important industries have been left behind in the process. This, however, might be starting to change.
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- Technology
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- Sub-Saharan Africa
