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Press Release: Mobile Money Market Worth $78.02 Billion by 2019
According to a new market research report "Mobile Money Market by Transaction Mode, Nature of Payment, Location, Type of Purchase, & by Industry (BFSI, Telecom & IT, Media & Entertainment, Healthcare, Retail, Travel & Hospitality, Transportation & Logistics, Others) - Global Forecast to 2019", published by MarketsandMarkets, Mobile Money Market is expected to grow from$12.34 Billion in 2014 to $78.02 Billion by 2019, at a Compound Annual Growth Rate (CAGR) of 44.6% during the forecast period from 2014 to 2019.
- Categories
- Education, Technology
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Econet’s Mobile Money Shopping Service Goes Live in Zimbabwe
Zimbabwean subscribers on Econet Wireless' mobile money platform, EcoCash, will now be able to buy and send groceries to their friends and relatives under a partnership with grocery manufacturer and wholeseller, National Foods.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Zimbabwe: Sex Workers Switch to Mobile Payment Systems
Sex workers in Harare are now demanding that clients pay for services through mobile platforms to avoid being duped with most now moving around with at least two mobile phones to facilitate transactions.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Facebook Money Transfer Service Expected to Benefit African Users
Digital finance experts in Kenya say African users will increasingly benefit from the introduction of a money transfer service onto Facebook's instant messaging platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Facebook Launches P2P Payments, Denies ‘Building Payments Business’
Without a doubt, mobile payment is hot topic these days. Google, Facebook, Apple, Samsung, are only a few that have stepped into the mobile payment battle, determined to create the next killer mobile wallet and payment system.
- Categories
- Uncategorized
- Tags
- digital payments
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3 Reasons India May Be The Next Digital Finance Hotspot: Mondato explores the potential of a rapidly shifting market
Finding the right incentives for merchants to accept digital and mobile payments is a task that many have attempted and few have achieved. But according to Mondato, after flying under the mobile finance radar for a long time, India could be the country that does it. Chris Connolly highlights three ingredients that could make India the next digital finance hotspot.
- Categories
- Technology
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Orange, Airtel Join Forces to Enable International Money Transfers in West Africa
Customers of Orange Money in Côte d’Ivoire can now use their mobile phones to send money to customers of Airtel Money in Burkina Faso, and vice versa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- digital payments
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India’s Top Mobile Wallet App Adds Support for Payments to Bank Accounts
Paytm, a India-based mobile payments service operated by (now) Alibaba-backed One97, has introduced a big new feature that lets 25 million users transfer money to bank accounts.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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