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Telcos in Ghana to begin interest payments to mobile money subscribers
Some telecommunication companies are concluding moves to pay interests to their various subscribers once the Bank of Ghana directs on how the payments must be done.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Indian start-up that may sideswipe Apple Pay
With 900 million mobile phone users and a sophisticated biometric digital ID issued to every citizen, India is increasingly attractive to companies that provide mobile financial services.
- Categories
- Technology
- Region
- South Asia
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Mobile wallet Mobikwik’s cash-back scheme runs afoul of Indian regulators
Mobile wallets company Mobikwik has withdrawn a scheme where it offered a “6% annual profit” to customers who maintain a monthly balance of at least Rs.5,000 in their mobile wallets.
- Categories
- Technology
- Region
- South Asia
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The incredibly brilliant way people are now paying for things in Asia
In recent years, millions of people have grown accustomed to using messaging apps to communicate. Some of these apps now support person-to-person digital cash transfers. So the next step is pretty logical.
- Categories
- Technology
- Region
- Asia Pacific
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Viewpoint: Why M-Pesa ‘will never work in South Africa’
In the wake of Vodacom's decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market has said mobile operators will never be successful in the financial services industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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African Data Prices Falling, Income Rising
Africa’s mobile Internet market has grown steadily over the last decade and new forecasts show mobile data revenue will double over the five years to 2019—topping $22 billion, according to Quartz. Mobile voice revenue, by comparison, is expected to grow by 10 percent in the same period.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Three Ways to Optimize the Smartphone Experience for the Next Billion Users
Across emerging markets, smartphone adoption is predicted to outpace bank accounts by the end of the year, opening up an increasingly clear opportunity for more multifaceted financial services. However, a range of technical constraints still hold some users back. Here are three ways to optimize for a more inclusive future.
- Categories
- Technology
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Ericsson to develop ‘Emergency Wallet’ for humanitarian aid
Ericsson has committed to developing Ericsson Emergency Wallet, a mobile financial services solution, for deployment in the immediate aftermath of disaster or crises to support humanitarian organizations and affected populations.
- Categories
- Technology
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