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100 Million+ People Use Mobile Money Each Month: From P2P transfers to bill payments, here’s how they’re using it
Around 103 million people globally are making transactions using mobile money each month. Alix Murphy, Senior Mobile Analyst for WorldRemit, takes a close look at the types of transactions people are making, and how they are actually using mobile money in their daily lives.
- Categories
- Education
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India’s MoneyonMobile Sees 27% One-Month Jump in Transaction Processing
MoneyOnMobile is continuing to ignite India’s mobile money scene — topping 131 million users in March, the company announced yesterday (April 14).
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- Uncategorized
- Region
- South Asia
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Airtel Money Hits Over 1 Million Transactions in a Month in Ghana
Airtel Ghana, multiple award winning company has attained another great milestone with its Convenient, Secure and Instant mobile money service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India’s Paytm Crosses 50 Million Digital Wallets
Mobile payment processor Paytm said on Monday that it now has over 50 million wallets on its platform and is expected to touch 100 million by 2015.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Weekly Roundup: Sympathy for the Super-Rich: They don’t care much about socially responsible investing – but are the rest of us any better?
Only 20 percent of investors with a net worth of $5 - $25 million factor social responsibility into their investing decisions, according to a recent survey.
You may be rolling your eyes at the obliviousness of these multi-millionaires to the potential impact of their wealth. That was my initial reaction – until I remembered the email I received last January.- Categories
- Investing, Telecommunications
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Press Release: Xpress Money and MTN Partner to Offer Mobile Remittances in Ghana
In a move that further strengthens Xpress Money's alternate channels portfolio, the money transfer company announced its partnership with MTN Ghana - a telecom giant in Ghana. Xpress Money customers remitting to Ghana will now be able to transfer money directly into the Mobile Wallets of registered MTN Mobile Money users in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Aid Agencies Urge Kenya to Let Somali Remittances Resume
Aid agencies urge Kenya to allow Somali money transfer firms to resume operations, expressing concern that halting remittances will hurt struggling families and relief operations in Somalia.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Papua New Guinea Commits to Digitising All Government Payments
The Government of Papua New Guinea (PNG) has joined the Better Than Cash Alliance with endorsements from Minister for Finance, James Marape and Minister for Treasury, Patrick Pruaitch.
- Categories
- Uncategorized
- Tags
- digital payments
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