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Millicom debuts automatic m-wallet interest payments in Tanzania
Millicom claimed a world first after launching a mobile money service in Tanzania which offers users the opportunity to automatically earn a return on their balance direct to their wallet without the need for a separate registration.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Unexpected players entering the telecoms space in Africa
New developments in Africa’s technology industry show how technology is disrupting the way business is being done on the continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Voices from the Summit: Eight quotes from prominent speakers on Day 2 of this week’s Microcredit Summit
By Day 2 of this week’s Microcredit Summit, we’d interviewed eight leaders and innovators in microfinance – from trenchant critics to the sector’s elder statesman, Muhammad Yunus. We’ve compiled eight quotes – one from each interview – which give a sample of some of the topics under discussion at the conference.
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Report: Digital payments bolster economy, promote financial well-being
A new report by the World Bank Development Research Group found that incorporating digital payment systems into the economies of emerging and developing countries helps to spur economic growth and individual financial well-being.
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‘Cash Burns Your Pocket’: New World Bank, Gates report finds mobile payments vital to G20 goals
Just 41 percent of adults in developing economies have a bank account - a problem that G20 nations are increasingly focused on. To that end, this week the Gates Foundation, the Better than Cash Alliance and the World Bank released a report on the potential of digital payments to advance financial inclusion - and the challenges that must be addressed.
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Airtel, Tigo claim mobile money first
Two operators in Tanzania launched a service so that subscribers to their rival mobile money services can send and receive cash with one another.Airtel and Tigo claim it is the world’s first cross-network mobile money transfer service.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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How China And Kenya Are Winning The Payment Wars — And Why The U.S. Should Worry
While many Americans consider alternative payments non-essential, the rest of the world is silently surpassing us.
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- Uncategorized
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- digital payments
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Three Steps to Jumpstart Agriculture Mobile Payments: Step 3 – Overcoming farmers’ illiteracy, financial illiteracy and lack of trust
In the third and final post in his series on embedding mobile payments by large buyers to farmers into agricultural value chains, Lee Babcock considers the need to overcome farmers’ illiteracy, financial illiteracy and, perhaps most importantly, lack of trust.
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- Agriculture
