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In 2014 the next billion will access the mobile internet—at $20 a handset
The total number of mobile subscriptions will exceed 7 billion by 2014, according to the International Telecommunications Union.
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Central Bank of Nigeria moves to enhance financial services to Nigerians
Nigeria felt that it is lagging behind some of its peer countries in Africa.
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- Sub-Saharan Africa
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What’s Holding Back China’s Mobile-Money Market?
China further solidified its position as a market that could greatly impact payments in 2013
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- Education
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- Asia Pacific
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The Power of Interoperability: An interview with Zahir Khoja, CEO of MasterCard’s Mobile Payment Solutions
Lack of interoperability is widely seen as a key barrier to mobile money’s global uptake. But MasterCard’s Mobile Payment Solutions thinks it has found an answer. In this interview with Mercy Corps’ Kyla Yeoman (part 3 of our Mobile Money Movers series), CEO Zahir Khoja discusses the challenges of working with telcos, banks and merchants, and the ways that an interoperable payment tool can impact people’s daily lives at the BoP.
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Zimbabwe imposes mobile money tax
Zimbabwe has started levying a tax on mobile money transactions after intense lobbying from the Bankers Association of Zimbabwe (BAZ) for the Zimbabwean central bank to regulate mobile money services “to create a level playing field” in the financial services sector.
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- Region
- Sub-Saharan Africa
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Mobile money dims use of debit cards in Kenya
The use of payment cards in Kenya has shrunk despite the rising number of people acquiring the cards. This is after users stifled use of the cards since the start of the year, with the value of transactions registering a huge decline.
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The Lion and the Toucan: Bank of Tanzania’s experiences in mobile finance offer valuable lessons to peers in Brazil
Brazil is the largest nation in Latin America in terms of population and area. Already a well-established regional and global leader in the field of financial inclusion, notably in areas such as agent banking and financial education, with a long history of overcoming policy challenges and difficulties, it would be easy for the nation to rest comfortably on its impressive policy achievements.
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