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Safaricom cuts fees on low and medium value M-PESA transfers
Leading integrated communications service provider Safaricom has announced a targeted reduction of transaction fees levied by the operator on its most popular person to person M-PESA transaction bands.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Bharti Airtel & VeriFone to drive Africa’s mobile money evolution
Bharti Airtel and VeriFone Mobile Money have reached an agreement to offer VeriFone Mobile Money’s merchant enablement applications for mobile Tap n Pay across Airtel’s 17 operating countries in Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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New Bank of Ghana rules excite mobile money vendors
Companies in the mobile money business are in an anticipatory mood for the implementation of a new Bank of Ghana regulation on mobile payment systems, which they contend will help to boost payment transactions using the mobile phone.
- Categories
- Uncategorized
- Tags
- digital payments
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Zimbabwe’s Econet Wireless and the making of Africa’s first cashless society
Will Zimbabwe be Africa’s first cashless society?Strive Masiyiwa, founder of the pan-African telecommunications company, talks about extending finance to the unbanked.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Ericsson to power Mobile Money project for ASBANC in Peru
Telecom equipment vendor Ericsson will design and implement the mobile money project, Peru’s largest private initiative for financial inclusion for the National Bank Association in Peru.
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- Uncategorized
- Region
- Latin America
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Three Steps to Jumpstart Mobile Finance: Step 1 – Researching smallholders’ financial behavior to help them transition to mobile payments
It’s becoming increasingly clear that cash payment schemes are obsolete in the 21st century, says Lee Babcock. And in agriculture, there’s a growing recognition that enabling digital payments to smallholders is a huge opportunity, both for farmers and the mobile finance sector. In this three-part series, Babcock lays out three steps for embedding mobile money into agriculture development at the BoP.
- Categories
- Agriculture
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NexThought Monday – Financial Inclusion and the Internet of Things: How Smart Machines Can Benefit the Poor
The Internet of Things refers to the use of technology to automate data transfer between objects via the Internet. It’s billed as a disruptive technology of the next decade, with applications that range from home automation to wearable fitness devices. But it also has great potential to benefit the poor, by enabling payment mechanisms that let the underbanked access basic products and services.
- Categories
- Energy, Technology, Telecommunications
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Finding A Responsible Way Forward For Digital Finance: A CGAP global survey looks to shape the roadmap
Between 2011 and 2013, registered mobile money users almost tripled, growing to more than 200 million globally. But growing opportunities in the sector bring new risks for consumers, and new challenges for providers and regulators. That’s why CGAP has launched a global survey to help shed light on the state of practice, and drive discussion around responsible digital finance.
- Categories
- Education
- Tags
- digital payments, research
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