Safaricom has announced an instant rewards system to incentivize customers who pay for fuel using Lipa Na M-PESA. With over 134,000 motorists having already received free talk time on the Safaricom network for every purchase of fuel worth Sh500 or more, the consumer incentive plan highlights the growing use of M-PESA as a payment channel.
In its efforts to escalate its suite of mobile services, Exim Bank Tanzania has launched an application designed for smart phones. The application is currently available for Android, Windows, Black Berry and IOS Operating Systems. Exim Bank Group Head of Operations, Mr Eugen Massawe, said in a statement that the mobile app offers secure banking
University students can now acquire knowledge on e-commerce and how to open virtual shops and boost their sales thanks to an initiative from a local online shopping platform, Kaymu. According to a statement made available to the ‘Daily News,’ the initiative dubbed ‘Kaym University’ comprises six sessions which cover the basics of Kaymu, account and
Zambian airtime distributor StreetCred (Zambia) Ltd. secured an exclusive partnership with Nomanini – a South African-based mobile point of sale service that specialises in facilitating cash transactions in informal markets. Vahid Monadjem, CEO of Nomanini, comments: “We have been working with StreetCred for the past nine months or so, trialing and increasing the number of
With close to 80% of African families still without access to a conventional banking system, there is much work to be done to get basic financial services into the hands of the 1.1bn people that inhabit the world’s second most populous continent. Of that number, around 90 million people have household incomes exceeding $5,000, meaning
Fortumo announced that it has partnered with 9Game, the gaming operation of leading mobile Internet and services provider UCWeb, on mobile payment solutions. The partnership will enable access to a wider range of audience for 9Game. On the other hand, developers publishing games on 9Game can now collect additional revenue from up to 83 countries.
Online shopping hit the mainstream in South Africa during 2014, says e-commerce payment services provider PayGate and the growth is set to continue during 2015. “The number of merchants we serve doubled this year, and the vast majority of those are new entrants to the market,” says PayGate CEO Peter Harvey. “We’ve also seen significant
Angolan Investment Bank (BAI) has launched e-Kwanza a mobile money service that allows users to make transfers and payments for goods and services across the country. In a statement the bank said the service allows its individual customers to transfer money to family and friends anywhere in the country and make payments easily, quickly and
Kenya and East Africa are actively transitioning to cashless payments systems. East Africa’s economies are largely cash based informal economies with its associated costs. Challenges in aggregating national transaction data, consumer spending patterns, tax administration – there is really no shortage of incentives. “With no means to track sales, little data is available, and channels
Organisers of eCommerce Africa Conference 2015 have announced members of the conference’s advisory panel. They are Nigeria’s Supermart.ng, South Africa-based Bidorbuy.co.za and ecommerce platform Yuppiechef.com Participants at the conference will enjoy tech demo sessions, networking opportunities, cocktail functions and supplier demonstrations. The expert-led advisory panel which includes Raphael Afaedor, Co-Founder of Jumia, and CEO and
