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Vodafone Brings Africa’s M-Pesa Mobile Money to Europe
The launch targets 7 M in Romania who mainly use cash and M-Pesa has 16.8 M active customers in emerging markets.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Vodafone to roll out M-Pesa services in Andhra Pradesh, Kerala
Vodafone India and ICICI Bank are planning to roll out mobile money transfer and payment service in Andhra Pradesh and Kerala. With this, Vodafone India will cover almost all states in India, thereby enabling people to send, deposit or receive money through mobile phones.
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- Uncategorized
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Can Digital Currencies Change the World?: Bitcoin is a tech-savvy alternative to traditional payment systems, but could it meet the needs of the financially excluded?
Riding on the Bitcoin hype, a legion of techno-optimists believes that digital crypto-currencies have the potential to transform ineffective global payment systems, and ultimately spur global financial inclusion. But will digital currencies such as Bitcoin truly change the global payment infrastructure and bring financial access to millions?
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- Technology
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What will new governor of Zimbabwe’s Reserve Bank mean for mobile money?
If you were waiting, the wait is finally over, former CBZ chief and Economist Dr Mangudya will be the new substantive Governor of The Reserve Bank of Zimbabwe. This comes at a time when the government is making deliberate efforts to re-position the Reserve Bank as the engine of Zimbabwe’s economic recovery. The Herald reports that Dr Mangudya will assume his reigns at his new no. 80 Samora Machel Ave offices effective 1 May for what could be the first of two five year terms.
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- Uncategorized
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- governance, mobile finance
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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).
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- Uncategorized
- Region
- Latin America
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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.
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- Uncategorized
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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.
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- Uncategorized
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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
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