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Equity set to offer free money transfer services
Equity Bank will not charge for mobile money transfer services on mobile virtual network, it said yesterday, but subscribers also have to hold accounts with the lender.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Tanzania: Mobile Technology to Benefit Local Farmers
CONNECTED Farmer Alliance (CFA), a public-private partnership between Vodafone Group, the US Agency for International Development (USAID) and TechnoServe, has announced an agreement to use mobile technology to increase productivity of thousands of smallholder farmers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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India’s Financial Inclusion Scheme Can Bring Unorganized Remittances Under Banking Channels
"With the help of the Jan Dhan Yojana, the reach of banking can definitely be expanded, making migrant workers aware of different services," says a senior executive from Bank of India.
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- Uncategorized
- Region
- South Asia
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What Jamaica’s Mobile Wallet Will Mean for the Unbanked: Financial inclusion community takes note of new national mobile finance product
This summer, the Bank of Jamaica approved the Jamaican Co-operative Credit Union League to extend the use of its mobile wallet to all citizens of the country. This was an incredibly significant development that could have a major impact in Jamaica and beyond, says Mozido founder Michael Liberty.
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- Uncategorized
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Five Sources of Untapped Innovation in Digital Finance: How a new generation of financial products is taking the sector far beyond payments
The GSMA estimates there are more than 60 million active mobile money accounts in over 84 countries, and these figures continue to grow. But though this growth has been driven primarily by payments, financial service providers are beginning to deliver other services through these “digital rails.” CGAP discusses five attributes upon which these second generation products build their value propositions.
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- Uncategorized
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Africa: 10 Reasons Why Mobile Rocks in Africa
Mobile use in Africa is expected to increase 20-fold in the next five years.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigerian Government Aims to Use Post Office to Reduce Unbanked Population to 10 Percent
The Federal Government has said it would leverage the expansive network of the Nigerian Postal Services (NIPOST) to reduce the unbanked adult population in the country to 10 per cent by 2016.
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- Uncategorized
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Coins.ph launches Bitcoin wallet tailored for emerging markets
Yesterday, Coins.ph, the Philippines largest Bitcoin exchange, launched what it says is the first mobile Bitcoin wallet designed specifically for emerging markets.
- Categories
- Uncategorized
- Region
- South Asia
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