Digicash is a mobile payment App that enables clients of affiliated banks to use their smartphones to pay directly from their bank accounts. Started in 2012, it has been deployed on a national scale in Luxembourg. With P&T Luxembourg as the second bank to offer Digicash as of July 2013, this mobile payment product is
Ingenico, the worldwide provider of payment solutions, announced a strategic partnership with Tagattitude, a mobile money software vendor, to deliver mobile money solutions in Africa. This partnership is designed to address the specific mobile money demands of the continent with the objective to establish secured electronic transaction infrastructure which will drive financial inclusion in Africa.
Purchasing prepaid electricity via FNB Cellphone Banking is growing in popularity as customers begin to see the benefit of using FNB’s self-service channels for these types of transactions. 62% of all prepaid electricity purchases processed by FNB are made on Cellphone Banking. Prepaid electricity purchases via FNB Cellphone Banking have also seen year-on-year growth of
A couple of weeks ago Safaricom launched a campaign dubbed Lipa Na M-PESA which aims to drive use of mobile money for merchant payments in Kenya. Lipa Na M-PESA is a proximate payment from a customer to a business at the point of sale. Safaricom is running the campaign to fuel recognition among businesses on
The Western Union Company a leader in global payment services, today announced that users of Sprint prepaid brands Boost Mobile and Virgin Mobile USAnow have access to Western Union® mobile money transfer services. Sprint’s Boost Mobile and Virgin Mobile customers can initiate a Western Union Money Transfer® transaction directly from the Money Center within the Boost Zone and Virgin Zone portals on
The GSMA recently released data showing that there are over 23 million mobile money subscribers in Kenya which is about 74% of the country’s adult population. Mobile money has rapidly grown from a money transfer system to a payment platform supporting many financial products. The launch of M-PESA in 2007 was a critical breakthrough that
Jaiz Bank Plc, the first full-fledged non-interest bank in Nigeria has entered into a partnership with Teasy Mobile Money (a CBN-licensed Mobile Payment Operator) to provide financial services to Nigerians, through Mobile Phone. This is part of their efforts to implement financial services inclusion of the Central Bank of Nigeria (CBN) to everyone in the
Vehicle owners in Tanzania are now set to pay for their car’s road licenses through M-Pesa following a partnership between Vodacom Tanzania and Tanzania Revenue Authority (TRA) to make use of the service. Speaking while launching the partnership in Dar es Salaam today, Vodacom Tanzania Head of Communication and Marketing, Kelvin Twissa, said that this
Sony Network Entertainment and Sony Computer Entertainment unveiled a new feature that enables users in the United Kingdom to top up their account wallet to obtain content from PlayStation®Store and across the Sony Entertainment Network using their mobile phone account. Working with mobile payments company, Boku, the process makes it easier for users to obtain
Mobile payments app SnapScan was voted ‘App of the Year’ at the annual MTN Business App of the Year Awards in Melrose Arch, Johannesburg. The 8-month old start-up from Stellenbosch managed to beat 253 other entrants, including apps from FNB, DStv, and Discovery, to take the top prize. In addition to being named app of the year,
