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China Is Developing A Nationwide Mobile Payments Infrastructure
China has a new national mobile payments platform. The system, which the People's Bank of China began testing last year, provides a ubiquitous mobile payments infrastructure for financial institutions and mobile operators.
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Can Digital Currencies Change the World?
Riding on the Bitcoin hype, a legion of techno-optimists believes that digital crypto-currencies have the potential to transform ineffective global payment systems, and ultimately spur global financial inclusion.
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Namibia: MTC Partners With Mobipay for MTC Money
The country's largest mobile network operator - MTC, has entered the mobile payment market in partnership with MobiPay in a first step taken by a Namibian mobile network operator.
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- Sub-Saharan Africa
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Mobile cash delights tithe-eager pastors in Zimbabwe
PENTECOSTAL churches in Zimbabwe have moved to take advantage of mobile phone penetration rates now said to be about 103.5 percent and the introduction of mobile money platforms to ease their tithe worries.
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- Uncategorized
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- Sub-Saharan Africa
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M-Pesa, MoneyGram in money transfer service agreement
M-Pesa – through its parent company Vodafone – and global money transfer and payment services firm MoneyGram have signed an agreement enabling consumers to transfer funds directly from around 200 countries to the millions of M-Pesa users.
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Zimbabwe’s Mobile Money Agents Form Association
Agents handling mobile money transactions for Econet, Telecel Zimbabwe and NetOne in Zimbabwe have formed an association to advance their interests and lobby for inclusion in policy making.
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- Uncategorized
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- Sub-Saharan Africa
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Kenyan Banks Scrambling to Leverage M-Pesa
Kenyan banks are reported to be scrambling to leverage Safaricom’s mobile banking platform, M-PESA, to attract more customers.
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- Uncategorized
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- Sub-Saharan Africa
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Safaricom Deal to Allow Diaspora to Send Money to M-Pesa Accounts
According to the Central Bank of Kenya (CBK), last year’s diaspora remittances reached US$1.3 billion (KSh112 billion), up from US$1.17 billion (KSh101 billion) in 2012.
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- Uncategorized
- Region
- Sub-Saharan Africa
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