-
Claro to Launch ‘First’ Commercial NFC Mobile Payments in Latin America
The NFC-based service will work at more than 200,000 payment points in retail outlets when it launches in the first half of this year, according to the project’s vendor Giesecke & Devrient (G&D).
- Categories
- Uncategorized
- Region
- Latin America
-
The Right Way to Talk About Money: Ignacio Mas discusses the impact words can have on financial behaviors at the BoP
Words can have a major impact on the way people think and feel about their money, says Ignacio Mas. In this Q&A with Mercy Corps’ Kyla Yeoman, he discusses how financial service providers should take customers’ psychological needs into account when designing products - and how the words used to describe these products can affect the way they’re used.
- Categories
- Uncategorized
-
Mobile network operators team up in Sri Lanka to provide mobile money to 60% of population
Etisalat joined Dialog’s eZ Cash mobile money platform on Monday, enabling a combined subscriber base of 12.7 million —over 60% of the country’s population— to enjoy ‘seamless and convenient mobile money services’ that lets them deposit, send or receive money and pay utility bills, insurance premia and engage in other transactions.
- Categories
- Uncategorized
-
The Challenge of Keeping it Simple: India’s best start-ups focus on solving real customer problems
Too often, start-ups serving the BoP try to do too much, says Vikas Raj of Accion Venture Lab. Though there’s nothing wrong with wanting to change the world, in varied and complicated settings like India, no individual outfit can solve every problem. Instead, effective startups take local realities into account, focus on a basic customer pain point, and then work from there.
- Categories
- Technology
- Tags
- mobile finance
-
Mobile money platform backs ‘Yolanda’ recovery efforts in the Philippines
Mobile money is playing an increasing role in disaster recovery efforts as shown by the initial projects undertaken in the aftermath of Typhoon Yolanda. This development has caught the interest of relief agencies of the United Nations, as well as other international humanitarian agencies, who are studying the experience of the Philippines in disaster response.
- Categories
- Uncategorized
-
Teasy combines NFC and biometrics for payments in Nigeria
Nigerian mobile payments provider Teasy Mobile is to equip its mobile money agents with POS terminals that use biometric technology to verify a consumer and NFC to allow them to make a payment.
- Categories
- Uncategorized
-
The Future of Uganda’s Mobile Money Market: Why agent networks are key to growing the sector
With 50 percent of cash-in/cash-out agents conducting at least 30 transactions per day, Uganda is one of the world’s leading digital finance markets. But despite its growth, many challenges persist. A new report from the Helix Institute of Digital Finance analyzes the successes and struggles of the country’s agent network.
- Categories
- Education
-
Human-Centered Design: The Key to Mobile Money Adoption?
While mobile money is now available in almost every emerging market, active usage remains low. In fact, only about 30 percent of registered mobile money accounts are actively used, according to the most recent GSMA State of the Industry report. Bridging this crucial gap between registration and active usage will require providers to design products and services that are not simply ‘great ideas,’ but that truly meet the needs of end users.
- Categories
- Uncategorized