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Ugandan mobile money agents in the spotlight
The Helix Institute of Digital Finance launched its first country report on agent networks in Uganda as part of its Agent Network Accelerator (ANA) research project. According to Helix Institute, “ANA, a collaboration between the Bill & Melinda Gates Foundation and MicroSave, is the largest research project on agent networks in the world, designed to determine what drives their success and scale.”
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- Education
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Proof of identity hindering Nigeria’s N1.1trn mobile money business
The lack of generally accepted proofs of formal identification required to assist service providers navigate KYC (Know Your Customer) concerns has been identified as a major drawback to the success of mobile money operations in Nigeria, according to a new report released by Lafferty Group and obtained by BusinessDay on Tuesday.
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- Uncategorized
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Airtel Money generates 30m transactions worth $1b monthly in Africa
With its activities cutting across 15 countries in Africa, the Airtel Money has been described as a significant contributor to the mobile financial sector in Africa as it generates a monthly average of 30M transactions valued at $1 billion from an active base of 5 million customers.
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- Uncategorized
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The Telecom That Developed M-Pesa Is Boxing Competitors Out Of The Mobile Money Market
Kenyan Telecom rejects push by competitors to use its money transfer agents.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Mobile: Africa’s debit card
In the countries where mobile money has been particularly successful like Kenya, Uganda and Tanzania, the next unfolding wave of growth is payments integration.
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- Uncategorized
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Ugandan startup making it simpler for African migrants to send money home
A Ugandan startup is looking to change the way people transfer money from abroad by enabling remittances directly to mobile phone wallets. Redcore Interactive operates Remit, a platform that enables real-time debit and credit card and mobile money transfers from across the world to registered mobile money users in Uganda.
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- Uncategorized
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China Is Developing A Nationwide Mobile Payments Infrastructure
China has a new national mobile payments platform. The system, which the People's Bank of China began testing last year, provides a ubiquitous mobile payments infrastructure for financial institutions and mobile operators.
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- Uncategorized
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Can Digital Currencies Change the World?
Riding on the Bitcoin hype, a legion of techno-optimists believes that digital crypto-currencies have the potential to transform ineffective global payment systems, and ultimately spur global financial inclusion.
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- Uncategorized
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