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Is there a war for mobile money agents going on in Zimbabwe?
Over the past several days, the discussion in the mobile money space locally has been around a threatening SMS that Econet was accused of sending to their EcoCash agents, essentially telling them that becoming Telecash agents would be a bad move.
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Nonprofit launches the first global P2P lending platform
Zidisha has launched its global direct microlending platform at the legendary tech startup incubator Y Combinator. Dubbed an "eBay for microlending", Zidisha is the first online P2P lending platform to link individual lenders and borrowers directly across international borders.
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Kenyan Banks Battle to Go Fully Digital in Race for Cheap Deposits
A customer can deposit cheques, open an account, place standing orders, transfer funds, make balance enquiries and pay for utilities without actually going to the banking hall.
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- Region
- Sub-Saharan Africa
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Faster networks to drive mobile money
THE roll-out of super-fast mobile networks will aggressively drive the uptake of mobile money services, as research by MEF, the global community for mobile content and commerce, shows a quarter of users say they do not make mobile payments because "the network is too slow".
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More Zimbabwe companies paying salaries using mobile money
A ‘cash crunch’ in Zimbabwe is forcing more local companies to turn to mobile money to pay workers’ salaries.This is according to officials at Econet who say that use of their ‘EcoCash Payroll’ service has risen 82% amid “liquidity problems” facing banks in the country.
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Myanmar gets first national mobile money service
Myanmar Mobile Money has launched a range of services including P2P funds transfer via mobile phones as it seeks to exploit what is a prime market with an underdeveloped financial sector.
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More mobile money choices for Zimbabweans
Competition is heating up in Zimbabwe’s mobile money space as telecom firms look to outwit each other in order to cash in.
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- Uncategorized
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Quickteller supports cardless withdrawals for Nigerian mobile money users
Mobile money users in Nigeria can now make cash withdrawals from ATMs without a bank account or card, according to Interswitch Transnational, due to the ability of its Quickteller to power cardless ATM withdrawals.
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