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Vodafone’s mobile wallet service M-Pesa in Kerala
Vodafone India and ICICI Bank today announced the launch of 'M-Pesa', a mobile money transfer and payment service, in Kerala. 'M-Pesa' is the trademark of Vodafone. The service was formally launched today by Suresh Kumar, operations director - south; S Murali, Business head - Kerala and Suresh Sethi, business head of M-Pesa.
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Facebook faces multiple barriers to success in mobile payments
Facebook is a digital landscape filled with memes, selfies and cat pictures. The social media behemoth does not conjure up visions of a vibrant payments ecosystem, though, especially with its past failures. But that might be about to change.
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Africa’s Tech Edge
How the continent's many obstacles, from widespread poverty to failed states, allowed African entrepreneurs to beat the West at reinventing money for the mobile age.
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- Technology
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- digital payments
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In Kenya, roaming rules to force telcos to share facilities
A ‘national roaming’ regulation is in the pipeline to make it mandatory for the existing four mobile network operators to allow cross-network usage of their facilities countrywide, the regulator said on Friday.
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Report: Global mobile payments to rise 40% this year
A new report from Juniper Research has found that the value of global payments via mobile devices will reach around $507 billion this year, a rise of nearly 40% year-on-year.
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Weekly Roundup – The Indispensable Platform: The growing importance of mobile access to businesses that serve the poor
With over 50 percent of people in the developing world having access to a cell phone, mobile access has become an indispensable platform for businesses and services focused on the BoP. We discuss its impact and potential in this week’s Roundup.
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- Agriculture, Education, Energy, Impact Assessment, Technology, Telecommunications
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Cashless Education: How mobile money helps Bridge International Academies deliver quality for-profit education for $6 a month – Part 5 in our Digital Finance Plus series
Bridge International Academies has integrated mobile money fully into its business. All of the school’s 300+ branches accept no cash, using mobile money for school fees, student lunch purchases, payments to staff and vendors, and expense reimbursements. In part 5 of our Digital Finance Plus series, Marie Leznicki explains how going cashless helps Bridge maintain its customer focus.
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- Education, Social Enterprise, Technology
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The Newest Player in Mobile Money Is a Bakery
This morning the World Bank hosted a panel on mobile money, the set of phone-based technologies that could bring basic financial services to the world’s poorest people. The surprise panelist was Hortensia Contreras Torres, who runs electronic services for Mexico’s Grupo Bimbo, one of the largest baking companies in the world.
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