-
Problems and Potential in Tanzania’s Mobile Money Ecosystem: Highlights from Helix’s Agent Network Accelerator survey
Tanzania has crafted an impressively successful ecosystem for mobile money, with a unique agent network system that can be used as a model for the rest of the world. But this network is also struggling with fraud, liquidity management issues and other challenges. The recent country report from the Helix Institute of Digital Finance provides insights into what’s working, and what isn’t.
- Categories
- Uncategorized
-
Mondato Summit Africa: The high-level mobile money gathering will take place in Johannesburg, South Africa on June 17-18th
Mobile money is reshaping financial services in the developing world, and Africa has become the epicenter of the movement. That’s why NextBillion is pleased to announce that we’ll be a media partner with Mondato Summit Africa, an mCommerce, mobile money and innovations conference taking place in Johannesburg, South Africa on June 17-18th.
- Categories
- Uncategorized
- Tags
- digital payments
-
Mobile payments will exceed half a trillion dollars worldwide
The value of global payments via mobile devices will reach around $507 billion this year, a rise of nearly 40% year-on-year, according to Juniper Research.
- Categories
- Technology
-
Opinion: How Aadhaar, India Post Can Transform India’s Finance
In an episode, Raghav Bahl discussed the idea of setting up a new payments bank which could be a joint venture between Aadhar and India Post.
- Categories
- Uncategorized
- Region
- South Asia
-
India’s mobile operators dial migrants to power money transfers
Money transfer through mobile phones is slowly becoming popular with the country's top two operators — Bharti Airtel and Vodafone — together having notched up more than 2 million subscribers. Business is slowly gaining traction, say industry watchers, with the subscriber base growing at close to 15% growth month-on-month. Idea Cellular has made a start and Reliance Communications has just won a licence to offer money transfer services.
- Categories
- Technology
- Tags
- digital payments, migrants
-
In Zimbabwe, Econet and Western Union to integrate money transfer systems
ECONET Wireless has entered into a commercial arrangement with global money transfer agency Western Union that will enable people to send money from abroad to account holders of its mobile money transfer platform EcoCash. This means EcoCash account holders will not need to physically visit Western Union branches to receive money sent through the money transfer agency.
- Categories
- Uncategorized
-
Why are Africans Getting Ripped off on Remittances?
Four factors combine to drive up charges. The first is limited competition.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Technology Exists to Lower Kenya’s Money Transfer Costs
Kenyans living abroad could soon send money back to their families and friends in the country at lower costs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.