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Charting the Growth of Mobile Finance: GSMA report highlights key findings, best practices in a vibrant sector
Mobile finance represents a tremendous opportunity for social impact, and an important commercial opportunity. GSMA has been collecting and analyzing mobile money data since 2010, and today it released its annual State of the Industry report, with key findings and insights on the growth of this vital sector.
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- Education
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China’s mobile payment war escalates
In the war between Tencent and Alibaba for China's emerging mobile payment market, cab-calling services have become the slightly unexpected battlefield.
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- Uncategorized
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Tanzania: Mobile Money Tranfers Gaining Popularity
Financial transactions have always been a challenge for rural, poor people in Tanzania. M-Pesa, an immensely popular system of money transfer via mobile phone, has made life much easier.
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Banks in Zimbabwe face new threat from mobile money
LOCAL banks face a tough hurdle as the emergence of mobile money transfer services (MMTS) appears to pose a serious threat to their survival.
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PRESS RELEASE: World’s first international mobile money service with currency conversion launched
Today, for the first time ever, mobile money users will be able to transfer cash across borders with currency conversion automatically included.
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Visa Partners with Airtel in Kenya to Launch Global Mobile Money Visa Card
According to Visa’s Head of Emerging Products & Innovation for Africa, Dougie Henderson said: “This strategic partnership with Airtel and Chase Bank brings the benefits of electronic payments to the under banked in Kenya by being innovative in mobile money services.
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- Region
- Sub-Saharan Africa
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PayPal’s New ‘Digital Wallet’ May Accept Bitcoin
One day after that report made the rounds, Entrepreneur magazine discovered that PayPal began to crack down on users who utilized its platform to sell bitcoin.
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- digital payments
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The Other Driver of Financial Exclusion: Poverty alone isn’t keeping people unbanked, says Ignacio Mas
Much of the discussion in financial inclusion revolves around poverty. But in Part 6 of our Mobile Money Movers series, thought leader Ignacio Mas explains why poverty itself isn’t the biggest thing keeping the unbanked out of the formal financial system. Mercy Corps’ Kyla Yeoman interviews Mas in this fascinating and wide-ranging video Q&A.
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