-
$350,000 mobile money activation project begins
eTranzact has announced the investment of $350,000 in a mobile money activation project in collaboration with EFInA, a financial sector development organisation. The company told our correspondent on Tuesday that the project was in line with the Central Bank of Nigeria’s cashless policy and would be piloted in North and South-West regions of the country.
- Categories
- Education
- Region
- Sub-Saharan Africa
-
India telcos agree on mobile banking through SMSs
MUMBAI: Mobile companies have been persuaded by the Narendra Modi government to share a slice of their infrastructure to pave the way for basic banking services through cellphones.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
-
How Kenya’s mobile money is opening up now middlemen have been set free
A decision made by Kenya's telecoms watchdog could have profound implications for the country's mobile money market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Three Steps to Jumpstart Agriculture Mobile Payments: Step 3 – Overcoming farmers’ illiteracy, financial illiteracy and lack of trust
In the third and final post in his series on embedding mobile payments by large buyers to farmers into agricultural value chains, Lee Babcock considers the need to overcome farmers’ illiteracy, financial illiteracy and, perhaps most importantly, lack of trust.
- Categories
- Agriculture
-
Safaricom cuts fees on low and medium value M-PESA transfers
Leading integrated communications service provider Safaricom has announced a targeted reduction of transaction fees levied by the operator on its most popular person to person M-PESA transaction bands.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Zimbabwe’s Econet Wireless and the making of Africa’s first cashless society
Will Zimbabwe be Africa’s first cashless society?Strive Masiyiwa, founder of the pan-African telecommunications company, talks about extending finance to the unbanked.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Using mobile money to increase financial inclusion in Indonesia
With the rapid growth of the middle-income population and a better-educated demographic bonus, Indonesia is expected to experience a more sustainable economic growth. One of the ways to achieve this is by increasing people’s involvement in the financial sector, otherwise known as financial inclusion.
- Categories
- Uncategorized
- Region
- Asia Pacific
-
Ericsson to power Mobile Money project for ASBANC in Peru
Telecom equipment vendor Ericsson will design and implement the mobile money project, Peru’s largest private initiative for financial inclusion for the National Bank Association in Peru.
- Categories
- Uncategorized
- Region
- Latin America