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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.
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- Uncategorized
- Region
- Sub-Saharan Africa
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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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- Uncategorized
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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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- Uncategorized
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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
- Tags
- 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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- Uncategorized
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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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- Uncategorized
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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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