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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.
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- Uncategorized
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- 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.
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- Uncategorized
- Region
- South Asia
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- digital payments
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Zebpay Launches Bitcoin Mobile Wallet in India
Tech firm Zebpay on March 11 announced launch of its 'bitcoin' mobile wallet in the country. The wallet, which is in form of a mobile application, will help its user buy, sell and transact in bitcoins, which is presently valued at around USD 280 per unit at present.
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- Uncategorized
- Region
- South Asia
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- digital payments
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The One Chinese Innovation that Could Change the Way We Think About Money
The new China International Payments System (CIPS), which is set to debut before the end of 2015, has been described as a “worldwide payments superhighway for the yuan.” What the creation of such a system means in the short-term is that the Chinese currency (officially known as the renminbi) has the potential to become a truly international, convertible currency and a more attractive currency for conducting international trade and finance. What it means in the long-term is that America’s long reign of economic dominance is at risk.
- Categories
- Energy
- Region
- South Asia
- Tags
- digital payments
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‘Financial inclusion is not going to be realized without smartly leveraging technology’: An interview with Carol Caruso, Senior Vice President, Channels and Technology at Accion
With cellphones booming in developing countries, achieving universal financial inclusion by 2020 is no longer unrealistic. Accion has been at the forefront of digital finance as an anti-poverty tool. We recently spoke with Carol Caruso, who leads Accion’s Channels & Technology unit, about what the future holds.
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- Uncategorized
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