Nairobi-based BitPesa is in discussions with multiple banks and network operators in Kenya over partnerships that could allow the mass introduction of Bitcoin remittance payments into the East African country. The startup, which is still in discussions with regulators and will not launch until approval is granted, was thought up by micro-finance and cryptocurrency expert
Airtel Tanzania has raised its daily limit of its money service to Sh3 Million to enable customers transact larger amounts of money. Announcing the new transaction limits in Dar es Salaam, the Airtel Money Manager, Asupya Nalingigwa said Airtel customers would be spared of inconveniences of doing multiple transactions as they would be able to send
Non-profit organizations and small municipalities can now apply for a U.S. Bank credit card with fewer fees, a powerful online expense-management tool and other features crafted to their unique needs. The U.S. Bank Visa Community Credit Card has no annual fees, no late fees and no over-limit fees and is now offered in all U.S.
AIRTAG, a provider of mobile shopping solutions, have announced a collaboration with PayPal to bring new seamless features to the KFC Fast Track mobile wallet. Launched by KFC UK & Ireland and AIRTAG earlier this year, Fast Track enables customers to order and pay in advance for their meals before they arrive at the restaurant.
Bank of Africa-Kenya has launched a new service that allows members of investment groups, known locally as ‘chamas’, to transact on their mobile phones. The product that is known as M-Chama will be rolled out in partnership with mobile phone service providerSafaricom. It seeks to leverage on the wide reach of mobile phones in the
FNB has announced that its customers can now purchase iTunes gift codes for the iTunes Store in South Africa using the FNB Banking App. “We believe that FNB customers will benefit greatly from the convenience of purchasing, sending or redeeming iTunes gift codes quickly and effortlessly via the FNB Banking App. The codes can be
MasterCard and Web.com, a provider of Internet services and online marketing solutions for small businesses, announced an agreement to make Simplify Commerce™ the payments provider for Web.com’s new ‘Take-a-Payment’ service. Web.com serves more than 3 million small business customers ranging from restaurants and retail shops to service providers such as consultants and plumbers, and more.
The Standard Bank of Namibia has officially unveiled its smart banking app, allowing customers to access banking services more conveniently through their smartphones or tablets, with plans to launch a second version next year. The new mobile banking platform will allow customers to check their account balance, view the last five transactions through a mini
The results of the eBucks 2012 Festive Survey are in, and they reveal that South Africans are not going to be stopped from spoiling their loved ones this festive season – despite challenging economic conditions. Fifty four percent of the survey’s respondents said they were planning to spend up to R500 per gift, 29% were
The rivalry that has been brewing in the mobile money industry in Kenya has gained momentum recently. Safaricom, the telecommunications provider behind the extremely successful M-Pesa mobile money service has been taken to the Competition Authority of Kenya (CAK) by rival company Airtel, who are complaining of unfair practises with regards to M-Pesa’s fee structure.
