MasterCard has announced it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments. Commonwealth Bank of Australia is the first bank globally to collaborate with MasterCard and Samsung to offer this service to its customers, using
Evolve Money, the first online and mobile app that makes it easy for people to track and quickly pay more than 10,000 bills using cash, now offers people more choices of how to pay with the addition of debit and prepaid cards. Launched this summer by PreCash, Evolve Money is gaining traction as a fast,
Airtel Networks Zambia Plc, a telecommunications service provider in Zambia, and the airline, Proflight Zambia, have signed a partnership agreement that will enable customers to purchase air tickets countrywide. Airtel customers will be able to pay for their Proflight Zambia air tickets using their “Airtel Money” accounts. This partnership is a reflection of the synergies
Nairobi-based BitPesa is in discussions with multiple banks and network operators in Kenya over partnerships that could allow the mass introduction of Bitcoin remittance payments into the East African country. The startup, which is still in discussions with regulators and will not launch until approval is granted, was thought up by micro-finance and cryptocurrency expert
Airtel Tanzania has raised its daily limit of its money service to Sh3 Million to enable customers transact larger amounts of money. Announcing the new transaction limits in Dar es Salaam, the Airtel Money Manager, Asupya Nalingigwa said Airtel customers would be spared of inconveniences of doing multiple transactions as they would be able to send
AIRTAG, a provider of mobile shopping solutions, have announced a collaboration with PayPal to bring new seamless features to the KFC Fast Track mobile wallet. Launched by KFC UK & Ireland and AIRTAG earlier this year, Fast Track enables customers to order and pay in advance for their meals before they arrive at the restaurant.
Bank of Africa-Kenya has launched a new service that allows members of investment groups, known locally as ‘chamas’, to transact on their mobile phones. The product that is known as M-Chama will be rolled out in partnership with mobile phone service providerSafaricom. It seeks to leverage on the wide reach of mobile phones in the
The rivalry that has been brewing in the mobile money industry in Kenya has gained momentum recently. Safaricom, the telecommunications provider behind the extremely successful M-Pesa mobile money service has been taken to the Competition Authority of Kenya (CAK) by rival company Airtel, who are complaining of unfair practises with regards to M-Pesa’s fee structure.
Oberthur Technologies, a provider of digital security solutions for the mobility space, has announced its partnership with mBank, an entity affiliated to the PlaNet Finance group that aims to facilitate financial inclusion through mobile technology, to offer mobile branchless banking in emerging markets. In these markets, banks and mobile operators need to adapt to deliver
Apriva, a provider of end-to-end wireless transactions, gateway services, and secure information solutions, has reported that the number of US merchants actively using its mobile payment acceptance software, which include its AprivaPay™ Plus and several white-labeled solutions delivered through various channel partners, has increased by over 300 percent over the past year. In addition, the
