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Aadhaar Pay yet to find base in India
Going beyond knowing your customer (KYC) application, have payments via Aadhaar taken off? According to recent figures, a majority of Indians are still using Aadhaar only for e-KYC verification and not day-to-day payments.
- Categories
- Technology
- Region
- South Asia
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From Smart Meters to ‘Water ATMs’: Innovative Solutions to Bring Water Services to Rural Africa
An estimated 663 million people lack access to clean and safe drinking water in the world today. Innovations such as smart metering services are being tested to enhance access to water. However, these solutions have not been widely adopted across Africa, except at some water vending points. George Muruka at MicroSave explores how these innovations can be scaled up to the household level.
- Categories
- Technology, WASH
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Adoptions rise, but mobile wallets still less than 1% of all digital transactions in India
“Despite now accounting for 10% of the overall transaction volume in India, mobile wallets form less than 1% of the transaction value,” a report by Deloitte said which was unveiled at the Retailers Association of India CFO conference on August 23.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Viewpoint: Why I believe the US State Department is wrong about mobile money in Africa
The US Department of State recently released a report that identified mobile money services as particularly susceptible to money laundering in Africa. It cites services like M-PESA and M-Shwari as “services [that] remain vulnerable to money laundering activities”.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How this Senegalese fintech startup is going pan-African
Fintech startup InTouch is a Senegalese company taking an unusual step by establishing a footprint across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Amazon bets big on mobile payment wallet in India
The US e-commerce giant has secured payment wallet license from Reserve Bank of India, struck partnerships with various players for its Amazon Pay.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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‘Internet Access is Like Oxygen’: Converging Connectivity and Energy Access
Microsoft’s Affordable Access Initiative is providing grants to internet access and related services companies and startups reaching underserved communities in Africa, Asia, the Caribbean and North America. In June, the tech giant announced the second year of grantees. Paul Garnett, senior director of the Affordable Access Initiative at Microsoft, explores how internet connectivity can have a ripple effect.
- Categories
- Agriculture, Energy, Technology, Telecommunications
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National Bank of Kenya and WorldRemit’s join monetary forces
The newly-formed allegiance sees a partnership which will enable Kenyans living abroad to make instant transfers to Kenya.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa