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Arab Gulf Program for Development calls for more microfinance institutions
The Arab Gulf Program for Development (AGFUND) called on Arab countries to set up more micro-financing institutions to help unemployed youth and poor people make a sustainable living.
- Categories
- Uncategorized
- Tags
- mobile finance
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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
- Categories
- Education
- Region
- Asia Pacific
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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.
- Categories
- Uncategorized
- Tags
- mobile finance
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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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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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.
- Categories
- Finance
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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.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- governance, mobile finance
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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.
- Categories
- Uncategorized
- Tags
- mobile finance
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