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MobiKwik and StoreKing bring financial inclusion to rural India
MobiKwik, India’s largest independent mobile payments network, today announced a new partnership with StoreKing that expands MobiKwik’s cash-less and card-less payment management to 10,000 retail stores in 600 small towns and 5,000 villages.
- Categories
- Uncategorized
- Region
- South Asia
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Asia Pacific leads the way as mobile payments head towards US $1 trillion
Mobile payments globally will rocket to US$1 trillion in value by 2017, up from an estimated $500 million this year.
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- Uncategorized
- Region
- Asia Pacific
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State Bank of India to launch mobile wallet
India’s largest lender, State Bank of India is slated to launch its mobile wallet, SBI Buddy, on Tuesday.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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Airtel is losing its fight against Safaricom for Kenya’s fast-growing mobile market
The telecom company is struggling to put a dent in Safaricom’s dominance, but they are getting left behind.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Only 15% of Pakistanis Use Digital Financial Services
Only 15% of Pakistanis use Digital Financial Services, and there has been no significant increase in the user base or registrations between 2013 and 2014, said a Financial Inclusion Insights (FII) survey report.
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- Uncategorized
- Region
- South Asia
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Safaricom will not be forced to loosen its dominant hold on Kenya’s mobile-money market
For a minute there, it looked like Safaricom might have to break up its business.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why South Africa’s largest mobile network, Vodacom, failed to grow M-Pesa
With just one million subscribers at the end of March 2015—the uptake of the mobile money platform M-Pesa has been labelled a failure in South Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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This Colombian town is trying to get rid of cash — but it’s not so easy
A town of 5,000 is trying to become the first in Latin America to entirely phase out cash and rely solely on digital currency.
- Categories
- Uncategorized
- Region
- Latin America
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