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Boosting Financial Inclusion in Nigeria with Mobile Money, Electronic Cards
Nigeria is bent on achieving financial inclusion through the ongoing cashless initiative, but the exercise is rather too slow, hence the need to increase awareness campaign on the use of mobile money and electronic cards as alternative channels, writes Emma Okonji.
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In-store mobile transactions boom for South Africa
South African consumers are driving a mobile transacting revolution enabled by a slew of innovative home-grown technology companies. So says Bevan Ducasse, CEO of wiGroup, following the release of the company's white paper on in-store mobile transacting.
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China’s central bank halts Tencent, Alibaba mobile payment process
China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the payment arms of Internet companies Tencent Holdings Ltd and Alibaba Group Holding.
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PRESS RELEASE: First Access and Vodacom Tanzania Ink Financial Inclusion Deal
Partnership offers financial institutions the ability to purchase instant risk scores from First Access based on prepaid mobile phone records.
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- Sub-Saharan Africa
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Kopo Kopo Goes International, Ready to Integrate Mobile Money Payments from Merchants Around the World
In an exclusive interview with TechMoran, Ben Lyon of Kopo Kopo said that 2014 is the year of partnering with payment providers to build and manage merchant networks.
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- Sub-Saharan Africa
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FinScope reveals significant increase in financial services inclusion in South Africa
FinMark Trust annual FinScope South Africa 2013 survey results reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013.
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Mobile payment solution from First Bank of Nigeria Ltd secures U.S. $12 Million from Gates Foundation
In apparent move to boost the nation's financial inclusion drive, the mobile payment solution from First Bank of Nigeria Ltd, Firstmonie has secured a grant of $12million US dollars from the Bill & Melinda Gates Foundation to execute the project.
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United Bank for Africa Strengthens E-banking Channels to Boost Financial Inclusion
The Division head said that UBA’s innovative e-Channels have accorded the customers triple gains of financial control, convenience and security.
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- Sub-Saharan Africa