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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Vietnam strides towards cashless society with e-wallets boom
Vietnam is on the cusp of a mobile payment revolution, and the key factor to raising adoption is whether the e-wallets could become ubiquitous locally.
- Categories
- Finance
- Region
- Asia Pacific
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The Philippines’ Voyager Innovations raises $175m from KKR and Tencent
In total, the company now has raised $215 million in funding since Voyager Innovations also secured $40 million from International Finance Corporation (IFC) and IFC Emerging Asia Fund last week.
- Categories
- Finance
- Region
- Asia Pacific
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WhatsApp Chief Seeks Reserve Bank of India Approval to Expand Payment Services to All Indian Users
WhatsApp Chief has written to the Reserve Bank of India (RBI), seeking a formal nod to expand payments services to all its 200 million users in India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Kenya’s M-Pesa mobile money service now works with China’s WeChat Pay
Tens of millions of people using Kenya’s dominant mobile money service M-Pesa will now be able to transfer cash to over a billion active users of China’s digital payment system WeChat Pay.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Commercial Bank of Africa, Safaricom partner to provide overdraft for mobile loans
The rate of failed mobile money transactions performed daily due to insufficient funds currently stands at 58 per cent, according to M-Pesa data.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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WorldRemit Teams Up With BRAC Bank & bKash for Bank/Mobile Money Transfers to Bangladesh
Using the WorldRemit app or website, the Bangladeshi diaspora living in more than 50 countries may now send money quickly and securely.
- Categories
- Finance
- Region
- South Asia
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Visa unveils innovative mobile payment service in Ghana
Payments technology platform, Visa, in partnership with leading Ghanaian banks, announced the launch of Visa-on-mobile, its innovative mobile payment service in Ghana.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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