PayGo solar expert Azuri Technologies, leading mobile network operator Tigo and principal cellular retail operator Lotus Africa announce at Mobile World Congress their strategic partnership to bring integrated pay-as-you-go energy and mobile payment services to rural households in Tanzania. The partnership aims to bring solar power, mobile phone charging and mobile money services to over
Despite a fair number of attempts at elaborately fleshing out Mpesa for readers, in this article I outline 5 more things left out by: Claudia McKay & Rafe Mazer did an article for the CGAP titles “10 Myths About Mpesa: 2014 Update” – a follow up to a previous article by Claire Alexandre “10 things
Visa Inc. and Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, announced a partnership to bring innovative mobile payment services to seven markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania. Visa and Airtel will build on the existing capabilities of Airtel’s Mobile Money
The rise of e-commerce on the African continent is changing the face of the traditional consumer, and brands need to adapt their business models and strategies in order to remain relevant amongst consumers and avoid a drop in market share. African consumers are increasingly searching online platforms with commercial intent, which include querying prices of
Concorde Solutions, a leading payment service provider in Southern Africa, announced it has achieved the Payment Card Industry Data Security Standard (PCI DSS) 3.0 certification. The assessment and subsequent certification was completed by Foregenix, the accredited industry expert in this field. Concorde Solutions provides integrated payment solutions predominantly in the retail andrestaurant industries and services many of
Millions of M-Pesa and Tigo Pesa customers in Tanzania will soon be able to send and receive money directly into each other’s wallets. This follows the recent signing of a mobile money interoperability agreement between Tigo and Vodacom. The agreement announced, will for the first time see four million Tigo Pesa users exchanging money directly
MasterCard Worldwide announced that it will work with customer financial institutions and the government to bring more innovation to commercial transactions and payment solutions to Nigerian consumers. Vicky Bindra, president, Asia/Pacific, Middle East & Africa, MasterCard Worldwide, who was recently in Nigeria on a two day visit, shared this at a dinner in Lagos. At
Diamond Bank Plc, has announced the launch of a fingerprint recognition feature on its Diamond Mobile App. The service, an iOS Touch ID, is a fingerprint reader that allows users of the Mobile App an easy and seamless login to their accounts by simply recognizing and identifying their individual fingerprints. Speaking on the new feature,
United Bank for Africa (UBA) Plc has emerged winner in three categories of the maiden edition of the MasterCard Cashless Champion Awards. The initiative was launched in October 2014 by global payments technology company, MasterCard, and is aimed at encouraging the adoption of cashless, hassle-free way of life. UBA won in three out of six
New research from PayPal and Ipsos shows that mobile commerce is growing at nearly three times the rate of overall ecommerce. From 2013-2016, the multi-country average compound annual growth rate for mobile commerce is projected at 42 percent vs.13 percent for overall ecommerce (including mobile commerce). The research, which investigated the mobile shopping habits of
