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Claro to Launch ‘First’ Commercial NFC Mobile Payments in Latin America
The NFC-based service will work at more than 200,000 payment points in retail outlets when it launches in the first half of this year, according to the project’s vendor Giesecke & Devrient (G&D).
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- Region
- Latin America
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The Right Way to Talk About Money: Ignacio Mas discusses the impact words can have on financial behaviors at the BoP
Words can have a major impact on the way people think and feel about their money, says Ignacio Mas. In this Q&A with Mercy Corps’ Kyla Yeoman, he discusses how financial service providers should take customers’ psychological needs into account when designing products - and how the words used to describe these products can affect the way they’re used.
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Bitcoins are property, not currency, for tax purposes, says U.S. government
Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax purposes, as property and not as currency.
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Teasy combines NFC and biometrics for payments in Nigeria
Nigerian mobile payments provider Teasy Mobile is to equip its mobile money agents with POS terminals that use biometric technology to verify a consumer and NFC to allow them to make a payment.
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- Uncategorized
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Banks, Corruption and Crypto: Can Bitcoin Change India?
Last December, the Reserve Bank of India (RBI) issued a warning on digital currencies noting that the bank had not yet authorized any organisation in India to use cryptocurrencies as a method of payment.
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The Future of Uganda’s Mobile Money Market: Why agent networks are key to growing the sector
With 50 percent of cash-in/cash-out agents conducting at least 30 transactions per day, Uganda is one of the world’s leading digital finance markets. But despite its growth, many challenges persist. A new report from the Helix Institute of Digital Finance analyzes the successes and struggles of the country’s agent network.
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- Education
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New Heists Reveal Two Key Things About The Evolution Of Bitcoin
The bad news is that three Bitcoin thefts made headlines this week.
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- Uncategorized
- Tags
- digital payments
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MasterCard prepares for African growth
MasterCard was eyeing a slice of the expected exponential growth from the emerging African market in coming years, particularly as mobile payments surged, Aaron Oliver, the head of emerging payments in the Middle East and Africa for the multinational firm, said yesterday.
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- Uncategorized
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