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Zimpost Extends Money Transferring Service to Nigeria
Harare- Zimbabwe’s postal and courier company, Zimpost has extended its money transfer service to Nigeria with immediate effect to allow the sending and receiving of money among citizens from the two African states, the postal company’s communications officer Anna Munembe has said.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Mixed Fortunes for Agents as Customers Embrace Direct Cross-Border Mobile Money Transfer Service in Rwanda
Electronic payment systems, like mobile money services, have become one of the most convenient ways of paying utility bills, as well as sending money to the remotest village and buying top-up airtime. From students to the working class, traders, and peasants, anyone with a mobile money service registered cell phone number is one only an agent-away from receiving their cash.
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Vinod Khosla-Backed Novopay Launches Mobile Wallet in India
Novopay Solutions Pvt. Ltd on Wednesday unveiled its consumer wallet, which allows payments at neighbourhood stores, remittances and withdrawals.
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- Uncategorized
- Region
- South Asia
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Viewpoint: Costly Cash
Suppose there were a way of getting money to some of the world’s poorest people precisely when they need it. Suppose, too, that the flow hardly ever diminished, even during a global financial crisis. Finally, suppose the cash could not be creamed off by corrupt local officials. Surely every right-minded government in the world would want to encourage this and make it as cheap and easy as possible?
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Study Set to Harmonize Mobile Money Transfer Fees in East Africa
The central banks of four East African countries are conducting a study that will set the baseline for money transfer fees across the region.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Nigeria Is Africa’s Top Remittance Recipient Nation
MobileMoneyAfrica will host the RemitAfrica conference on Nov 04 – 05 in Lagos, the economic capital of Nigeria, Africa’s largest remittance nation.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- remittances
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PRESS RELEASE: MoneyGram Expands Mobile Money Choices in Africa
New agreement enables customers to receive money directly to M-Pesa accounts in Tanzania.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Will West Africa be the New East Africa in Mobile Money?: Shifting regulations and a growing ecosystem make the region an area to watch
Though the member countries in the West African Economic and Monetary Union share one currency and one central bank, their mobile money ecosystems differ greatly. However, interoperability will likely be integrated across most of these countries in the not too distant future. Could its new regulatory regimes and developing ecosystems help the region take its place alongside the mobile money sprinters of East Africa?
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- Technology