Users of MTN Rwanda will now be able to send money to Tanzania via Mobile Money as the telco has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Money users in Rwanda are now able to send money to Airtel Tanzania subscribers seamlessly and affordably through the MFS Africa Hub. The Hub
Mastercard has announced that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. Salah brings extensive experience in financial inclusion specializing in mobile enabled solutions, agent banking and community-managed microfinance. In her new role, Salah will oversee the development of digital solutions that positively impact low
OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 digital payments platform provided by OpenWay, a top-ranked digital payments software solution provider, will become the technological backbone of this innovative remittance service. OROBO facilitates
Kenya Power and Lightning Company has continually had to deal with grievances from most of its consumers about token pricing. The latter challenge has left many electricity users in Kenya unsatisfied with the current metric of buying tokens. Prepaid metering was deliberately adopted to introduce convenience into power billing systems. It is clear that many
Mastercard and Unilever have announced that they will expand their strategic partnership to help micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses. In Kenya, the two companies have launched Jaza Duka (“fill up your store”). The initiative
The Kenya Bankers Association (KBA) has partnered with financial service providers to create awareness on safety measures in conducting transactions while using ATM cards, mobile phones, and online platforms. The month-long initiative, dubbed “Kaa Chonjo!”, will be carried out with support from, including Visa, Safaricom, PesaLink, and the Retail Trade Association of Kenya (Retrak). Themed
PayPal and Safaricom announced a revolutionary collaboration that enables Kenyans to seamlessly move money between their M-PESA and PayPal accounts. The new service eliminates significant barriers that have hindered consumers and businesses in the country from taking full advantage of global eCommerce. “PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable
Barclays Bank Kenya has partnered with Visa to introduce the premium Signature credit card in Kenya targeting the growing number of affluent domestic and international travellers. Visa Signature has been created to service the needs of these high-achieving consumers. Kenya becomes the first country in Africa to introduce this high-end credit card. “Visa wants to
NIC Bank Kenya has partnered with NCR Corporation a global provider of omni-channel solutions, to launch NCR Interactive Teller, an innovative ATM-based technology that not only lets people talk to a live remote teller, but also gives the teller remote access to the machine to assist customers to conduct transactions. NIC Bank is the first
I&M Bank has partnered with Visa Kenya to launch the I&M Bank Visa Infinite Credit Card and the I&M Visa Platinum Debit Card in Kenya for its Premium clients. Both cards have been developed with customer needs in mind and will complement I&M Bank’s efforts in enhancing customer centricity, dynamism, and innovation in line with
