Barclays Bank Tanzania handed over prizes to winners of the second draw of ‘Salary Switch’ and ‘Win back your loan’ campaigns which offers customers to win 100 per cent of their salaries and amount of loans acquired. The Liabilities and Product Development Manager for consumer banking, Mr Valence Luteganya, said Mr Julius Odinga of Mikocheni in
The world of retail came alive at the Cape Town based wiGroup offices with over 65 hospitality and retail organisations attending an interactive event that unpacked the future of the South African mobile transaction landscape. wiGroup, together with Barrows, hosted an interactive event that “turned on” retail through mobile transacting combined with digital media. Ten
PayU Wallet redefines online and mobile shopping for consumers and retailers PayU has launched PayU Wallet, a product that enables secure, quick and easy ways to pay online across a variety of devices. It delivers improved mobile security, convenience and capability for online shopping whether on a smartphone, tablet, phablet or PC. Providing both consumers
Tanzania has been lauded for facilitating agreement among telecoms to allow their customers transfer money across multiple networks. The Director of Financial Inclusion at the MasterCard Foundation, Ms Ann Miles said interoperability agreement among mobile network operators has placed the country among few global champions in financial inclusion. “Tanzania is taking the right direction, moving towards
In yet another exciting development in mobile money innovation, MTN Rwanda, the country’s telecommunications leader has announced that it has opened its corridor with Safaricom in Kenya that will see MTN Mobile Money and M-PESA users send and receive money seamlessly and affordably between the two countries. This comes just a month after the Company
Ecobank Transnational Incorporated (ETI) announced a leadership change in its largest subsidiary, Ecobank Nigeria Limited. By the Bank’s internal policy, Mr. Jibril Aku, the current Managing Director of the subsidiary, having concluded his five-year tenure as managing director, will step down from his current role at the end of this year. Mr Aku will take
Leading dairy processor, New KCC has partnered with Safaricom to roll out a Kshs. 55.7 million cashless solution, to enhance business efficiency and address risks associated with cash handling. Through a mobile application, over 200 sales and distribution agents for New KCC will be able to place and process orders, access real time reports on
Terra, a mobile-first international network, for low-value remittances, launched Terra Connect, its application programming interface suite, to enable mobile wallet providers offer affordable, accessible international remittance products and maximize global reach. The size of the African remittance wallet is valued at USD 65 billion, with more than 30 million migrants initiating 300 plus million remittances
Vodafone Wallet users will be able to pay for goods and services contactlessly using their MasterCard cards, with the service scheduled to launch to consumers in European markets within weeks. Contactless card payments using Vodafone Wallet require a Vodafone NFC SIM and are supported on more than 60 Android smartphones. Customers can simply: Activate the
United Bank for Africa (UBA) is changing the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. It is the latest innovation from the digital banking division of pan-African financial services UBA, which has built
