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Zimbabwe’s OneWallet posts massive loss as EcoCash thrives
Government-ownded mobile phone operator NetOne generated a paltry US$1 194 in revenue from its mobile money transfer platform OneWallet for the year-ending December 31 2012 after investing close to a quarter of a million dollars in the product.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Airtel, Kenya Revenue Authority partnership enables subscribers to pay taxes via mobiles
Airtel subscribers can now pay their taxes through their mobile money platform following a partnership with the Kenya Revenue Authority (KRA), which will also see the telco grow its revenues.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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PRESS RELEASE: Mobile Money for the Poor Expanded to Enable Millions in Africa to Access Financial Services
UNCDF, the UN’s capital investment agency for the world’s 48 Least Developed Countries (LDCs),has partnered with The MasterCard Foundation to expand a flagship program that will enable three million low-income clients in Africa to access mobile financial services for the first time.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Regional Development Banks and Sharia Banks Can Go Mobile, says Indonesia’s Financial Services Authority
As part of efforts to open up greater public access to financial services, the Financial Services Authority (OJK) will regulate the implementation of branchless banking, especially for regional development banks (BPD) and sharia banks, a top official says.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Equity’s year-long thin SIM ‘live test’ will go on in Kenya, industry regulators tell MPs
Nairobi, Kenya: Central Bank Governor Njuguna Ndung’u and senior officials of the Communications Authority (CA) yesterday told MPs that the rollout of Equity Bank's Thin SIM on a trial basis for the next one year would not be stopped.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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OPINION: Cash still king in Africa, despite mobile money rise
Over 25 million Kenyans use mobile money services but one expert says “cash is still king” in most of the continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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In Ghana: “Let the Telco war begin”
The next few months could be very interesting for the sector and for consumers, especially as the resurgent Tigo is expected to release a game changer before Christmas and the other players seek to consolidate and increase their hold in the market.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Ecuador backs national mobile wallet
In an unusual move, Ecuador is reportedly building its own mobile wallet to boost financial inclusion, without the involvement of the country’s operators or banks.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- mobile finance
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