It is now possible to pay telephone bills with Telecash, following an agreement between Telecel Zimbabwe and TelOne, making it possible to avoid queuing to pay phone bills. Telecash subscribers can now pay their phone bills from the comfort of their home or office or even while travelling to work on a commuter omnibus, using
Tigo, Airtel and Zantel have announced a pioneering agreement to allow customers of Tigo, Airtel and Zantel in Tanzania to send money to each other whether using Tigo Pesa, Airtel Money or EzyPesa on their mobile handsets. It is expected that the service will start by end of June. This is the first agreement in
Following a successful entry into the Nigerian market with contactless mobile payments, Bangalore based iKaaz is now ready to offer its popular NFC and bluetooth powered cloud based payments platform to consumers in Kenya. Announcing a strategic alliance with Family Bank, one of Kenya’s leading banks, iKaaz along with its local partner EDGE financial systems
Tigo has signed a US$2 million agreement with the International Finance Corporation (IFC) and the MasterCard Foundation as part of efforts to expand mobile financial services in Ghana. The partners said the agreement will focus on customer education and acquisition, with the IFC to provide advisory services on business development, customer profiling and agent network
FNB has announced that more than R10bn has been sent to recipients via its mobile money solution, eWallet in South Africa, since its inception. Fifty-three percent, R5.3 billion, of the R10 billion was sent in the last year alone (May 2013 to April 2014), proving that mobile money is fast becoming an accepted replacement for
Kenya’s Equity Bank plans on issuing subscribers with ultra-slim SIM cards to access mobile money accounts provided by the bank while saving users the trouble of migrating networks, according to a report. The company was last monthgranted a mobile virtual network operator licence by the Communications Authority of Kenya (CAK) and this weekannounced its rollout
Ugandan startup Beyonic has developed a cloud-based platform allowing businesses to make, track and manage payments to mobile money accounts across numerous providers. Beyonic was named a finalist in the finance category for this year’s edition of the PIVOT East conference to be held in Nairobi on June 24 and 25, and will benefit from
Canadians have used their mobile phone to deposit more than 1,000,000 cheques since the Canadian Payments Association approved the cheque image rule last year to allow for mobile remote deposit capture (RDC), according to data from NCR Corporation, the global leader in consumer transaction technologies. In fact, mobile deposits have doubled every quarter since April
Airtel Kenya has introduced a self-help PIN reset service allowing Airtel Money customers to reset their access PINs instantly from their handsets without having to contact the call centre. To access the service customers will be required to register a secret password with Airtel Money in advance, which will be used to validate future PIN
A lack of interoperability is harming the mobile money market, with only ten operations reaching success out of the 150 launched in the past few years, according to Virginie Bonnot, mobile financial service sales director for Southern and Central Europe at Oberthur Technologies. Bonnot was speaking at the 2014 Mobile Money and Digital Payments conference,
