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Visa and Bharti Airtel Push Mobile Money as Telcos Lead the Way in Developing Markets
Visa is to work with Bharti Airtel to extend its mobile money service to seven markets in Africa, including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tanzanians to Enjoy Africa’s First Universal Mobile Money Service
Global telecommunications and media firm Millicom has announced today that following an agreement with Vodacom's M-Pesa service, Tigo Pesa customers in Tanzania will be the first in Africa to be able to transact with users of all their country's mobile money networks.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenya: Relaxed Rules Have Helped in Mobile Agent Recruitment – Airtel
Lifting of restrictions on mobile money agents has helped Airtel Kenya recruit more merchants as it bids to take convenience closer to customers, according to chief executive Adil Youssefi.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Technology Trade-off: Mobile tech boosts financial access but limits engagement. Can it also help build banking relationships?
Financial access is at an all-time high, and it’s growing fast. Yet account dormancy rates for the newly banked range from 60-90 percent. And though mobile technology has made more services scalable, it has also limited banks’ ability to build deeper relationships with their customers. But Juntos Finanzas believes mobile tech may also hold a solution to this problem.
- Categories
- Technology, Telecommunications
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Payment Banks: How It Is Possible to Build a Business Around Financial Inclusion
Dattaram, 50, earns Rs 9,000 a month doing domestic chores in three to four homes in a Mumbai neighbourhood.
- Categories
- Technology
- Region
- South Asia
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The Rise of the Cheap Smartphone : And what it could mean for BoP finance, connectivity
According an estimate from Gartner, by 2018 nine out of ten phones will be smartphones. If this comes to pass, it may require a substantial rethink about the delivery of mobile financial services to consumers in developing markets, where up until now the feature phone has dominated.
- Categories
- Technology, Telecommunications
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Rwanda: How Mobile Money Is Leading the Drive Toward a Cashless Economy
Since its launch in 2011, the nation's journey toward a cashless economy has registered steady progress with benefits such as reducing financial exclusion and enhancing customer experience.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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In Zimbabwe, All Bets Are On Mobile Money & Data As SMS Declines and Telecoms Shifts
Numbers don’t lie, especially in business, and when the right sort of numbers are going up it becomes a celebrated truth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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