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Uganda Telecom to Upgrade Mobile Money Platform
Uganda telecom, a partially state owned telecommunication service provider, has signaled it will embark on upgrading its mobile money banking platform, M-Sente, in the next two weeks to enable their customers enjoy the service flawlessly.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Western Union Expands Mobile Money Transfer Network in Nigeria
New relationship with Paga gives more than 1.2 million Paga subscribers access to Western Union services.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Why Insurers are Partnering with Telcos to Bring Microinsurance to the BoP: CGAP report explores the status of this young industry
Recent growth in microinsurance has come mostly in Africa and mainly in low-income countries, according to a recent report from CGAP. These products are small-scale insurance policies reliant on mobile phones for some combination of sign-up, payment and administration. Providers have been experimenting to learn what works and why.
- Categories
- Technology
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OPINION: Bitcoin and mobile payments: Don’t get your hopes up
Before there were cell phones, there was the dream. You know the dream, the dream of techno-optimists everywhere: Get rid of the wallet. Make money electronic. Get rid of those inconvenient technologies like cash and credit cards, and put it all on your phone. Pay by punching a key on your phone. Like in Japan! And cut out a few middlemen while we're at it. Admit it, we've all fantasized about it.
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- Uncategorized
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M-Pesa to start pilot on cash out services, looking at pan-India network
M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from M-Pesa outlets.
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- Uncategorized
- Tags
- mobile finance
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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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- Uncategorized
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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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- Uncategorized
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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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- Uncategorized
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