Shoppers in Tanzania’s Uchumi supermarkets can now pay for their goods using cash or mobile money transfer platform M-Pesa after the retail chain entered into partnership with Vodacom Tanzania. Commenting on the partnership with Uchumi, Vodacom Tanzania chief officer of sales Hasan Saleh said the partnership will improve convenience for shoppers while the use of
As global smartphone penetration increases, so does Kenya’s mobile content and commerce activity. The infographic below comes from txtNation, who recently launched their Kenyan mobile billing solution, using Premium SMS. Kenya has seen some of the fastest growth in mobile commerce, with a 97% increase in 2013 and an impressive 77% of internet-enabled mobile phone
The 4th MobileMoneyExpo will focus on promoting financial inclusion in Africa, a continent that has shown great promises in the mobile financial services sphere but yet grappling with millions that are actively unbanked across all the regions. Financial inclusion has become the buzz word within the regulatory, policy,financial, innovators, technology circles and other stakeholders in
T-Mobile US, Inc. has announced the company is extending its Un-carrier consumer movement to personal finance – transforming smartphones into personal money managers that can free people from excessive fees they often pay to use their own money. The company calls this next phase of its consumer revolution Mobile Money by T-Mobile. “We’ve already transformed
The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile network operators and agency banking. The survey shows that a majority (60%) of Kenyans are utilising mobile phones to perform financial transactions, which has been helped by increased commitment by banks to offer mobile banking
A few days ago, TechZim broke the news that Econet and the banks are finally warming to each other on the issue of banks being granted access to Econet subscribers so they also provide mobile money transfer service to them. The banks are not completely happy yet, but integration talks are on and some of
Verve International, Africa’s leading indigenous payment card brand, has announced a competition in partnership with Nokia and Microsoft aimed at supporting Nigeria’s indigenous application development community by providing payments in mobile apps. The theme of the competition is “Build with Verve: Lumia Edition”, with Verve saying the partnership is aligned with its drive towards effective
The provider of mobile billing and messaging solutions, txtNation, has now launched its mobile billing solution using Premium SMS in Kenya, allowing businesses to accept mobile payments in the African country. Kenya is one of the fastest growing markets in mobile content and mobile commerce activity, with a 97% growth in 2013. With a population
AT&T and Vantiv, Inc., a provider of payment processing services and related technology solutions, have announced the availability of new payment products that deliver highly secure, integrated and speedy on-the-spot mobile transactions to businesses of all sizes. Mobile payments represent a market opportunity with significant upside as businesses implement new, more integrated ways to manage
The Helix Institute of Digital Finance has launched its first country assessment report in Uganda, based on over 2,000 mobile money agent surveys carried out in 2013 all over the country. Uganda is among four African countries participating in the world-class research project, selected for its contribution to the development of digital financial services globally.
