PesaPoint will launch an expansive agent network composing over 1200 agents countrywide. The network, expected to work in the same way as its popular sister, the PesaPoint ATM network, will offer PesaPoint partners (banks, insurance companies, micro finance institutions and mobile money providers) a ready network of high performance agent outlets that will be powered
Mobile payment leader Bango has announced continued momentum in 2014, confirming its growing influence as the global platform that connects app stores with Direct Operator Billing (DOB). Since the beginning of 2014, Bango has launched additional DOB for app store partners with Saudi Telecom and Mobily in Saudi Arabia, Mobinil in Egypt, Telkom in South
Orange and the BNP Paribas group offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. This new service is available starting in Côte d’Ivoire and will be extended to other countries in which BNP Paribas and Orange Money are present, particularly Senegal.
BlackBerry Limited has announced a new three-year agreement with EnStream LP, a mobile payments joint venture owned by Canadian wireless carriers Bell, Rogers and TELUS, to provide a secure platform that supports transaction services between leading banks and consumers. Under the agreement, EnStream will leverage BlackBerry’s proven and reliable infrastructure to enable financial institutions, including
Cybercrime is on the rise in Kenya and one of the most affected areas is mobile money, according to a report launched by Serianu and the Telecommunication Service Providers Association of Kenya (TESPOK). The Kenya Cyber Security Report 2014 said: “In 2013, we noted an increase in mobile money fraud targeting individuals and organisations. The
Mobile money has redefined financial services locally and every serious service provider in the industry has tried to get in on the action. Local banks were relatively late adopters of m-commerce but despite this some of these institutions have managed to make remarkable progress even in the face of steam rolling competition from the likes
M-PAWA, a new banking product introduced by Commercial Bank of Africa and Vodacom has raked in 1.2bn/- in three weeks only after it was launched. Vodacom Tanzania’s Managing Director, Mr Rene Meza told the ‘Daily News’ that the money were savings from 50,000 people who had registered for the new service that allows customers to
Qatar Airways, the national airline of the State of Qatar, has entered into a strategic partnership with Safaricom, to launch a service that now enables customers to pay for Qatar Airways tickets using M-PESA. The new service offers greater flexibility for Qatar Airways’ passengers who can now book tickets online on www.qatarairways.com/ke or through the
Sequent Software, the world’s leading provider of digital issuance and open wallet platform-as-a-service, has announced that it has received a United States patent for its technology that turns apps into wallets. Patent number 8,745,716 recognizes Sequent’s ability to manage security and control usage of credit, debit and other secure credentials stored on mobile devices and
mHITs, a pioneering developer and operator of mobile payment services, has announced that it’s Australian SMS mobile wallet service has launched an international mobile remittance corridor between Australia and leading mobile money service M-PESA in Kenya. For the first time, this new corridor will provide for instantaneous direct mobile-to-mobile funds transfers between Australia and Kenya.
