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Ending M-Pesa’s solo story
M-Pesa lacks interoperability with any of the rival services run by the country’s three other operators: Airtel, Orange and yuMobile. But Safaricom is now under pressure to change its ways.
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- Uncategorized
- Region
- Sub-Saharan Africa
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African mobile money technology expands in Europe
Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Three Steps to Jumpstart Mobile Finance: Step 1 – Researching smallholders’ financial behavior to help them transition to mobile payments
It’s becoming increasingly clear that cash payment schemes are obsolete in the 21st century, says Lee Babcock. And in agriculture, there’s a growing recognition that enabling digital payments to smallholders is a huge opportunity, both for farmers and the mobile finance sector. In this three-part series, Babcock lays out three steps for embedding mobile money into agriculture development at the BoP.
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- Agriculture
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Airtel wins case against Safaricom to open up M-Pesa
The Communications Authority of Kenya (CAK) has ruled in favour of Airtel after the company accused its rival Safaricom of anti-competitive practice, a move coming weeks after Safaricom had decided to open up the network.
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- Uncategorized
- Region
- Sub-Saharan Africa
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M-PESA’s back: Vodacom relaunches mobile money in South Africa
Vodacom has announced that it is relaunching its M-PESA mobile money payments system today, with a new look design for South Africans.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Mobile payments ideal for Africa
In emerging markets, mobile money has the power to transform lives, says Gemalto.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Dispatches from the Mobile Money Revolution: Mondato Summit Africa highlights the dynamism (and tensions) behind the continent’s embrace of mobile finance
Africa is widely seen as ground zero in the mobile money revolution that’s sweeping the developing world. The Mondato Summit Africa brought some of the continent’s key mobile financial services players together for a lively, at times controversial discussion of the challenges and opportunities they face.
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- Uncategorized
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Proliferation, Dominance, Evolution & Impact: Helix report examines the status of mobile money agents in Kenya
Kenya is the world leader in mobile money services, and these services depend largely on the strength of their agent networks. The Helix Institute of Digital Finance explores that topic in its third Agent Network Accelerator country report. It focuses on the proliferation of agents in the country, the effect of Safaricom’s dominance, how the agent network is evolving, and the impact it is having on financial inclusion.
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- Education