The volume of remittances coming into Zimbabwe could easily be trebled if the process of sending money is put on Econet Wireless’ EcoCash platform. After nearly nine months of development, Econet says it is now putting the final touches to a platform that will allow remittances to be made between South Africa and Zimbabwe. Zimbabweans
Kenya Airways, the pride of Africa, and Uganda’s leading Mobile Money service provider, MTN Uganda have partnered to launch a service that allows customers to pay for Kenya Airways tickets using MTN Mobile Money. This additional payment option is part of the airline’s efforts to embrace technology and the convenience and improved customer experiences that
M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has introduced a new rent collection and payment service dubbed Lipa Kodi na M-PESA. Under the new scheme, customers will pay Kshs.6 for transactions of upto to Kshs. 5,000 while those paying between Kshs.50, 000 and Kshs.70, 000 will be charged a
More than 70% of prepaid electricity users prefer to use their mobile phones to buy electricity tokens than any other outlet, a survey conducted by Kenya Power has revealed. M-Pesa is the most popular facility accounting for 95% of all mobile based prepaid purchases. Kenya Power currently has 340,000 customers on prepaid metering system. The
The Western Union Company, released the latest findings from the Western Union Bill Payments Money Mindset Index. The survey of U.S. consumers reveals mobile device ownership and usage are changing consumers’ bill payment behaviors, even as people continue to use different payment channels like in-person or mail to meet their budget and lifestyle needs. For example,
SecureBuy has announced a critical upgrade to their complete end to end eCommerce and Mobile payment fraud solution that allows merchants to process orders from blacklists with all reward and no risk. Blacklisting is a very common practice in eCommerce where a merchant compiles a list of untrusted customers by name, zip code, IP address,
The State Law Office of Kenya has entered into a partnership with Safaricom to automate some of its services. The KSh 14 million contract will see Safriacom providing it’s M-Pesa platform for the payment of services such as registration of companies, societies, or weddings. The announcement was made at an event held at the SLO
VeriFone Systems, Inc. announced that its PAYware Wynid managed payments solution is powering passenger ticket purchases aboard France’s national railroad operated by SNCF Group. Deployment began in April with the first 1,000 handheld devices that are planned to number 12,000 over three months and handle an estimated 1,650,000 million payment transactions annually across the SNCF-managed
Botswana will be the first country to benefit from the new program and will allow easy access to funds 24 hours a day, bringing new point-of-sale, online and ATM transaction options to consumers. Currently, Orange Money allows customers to use their mobile phones to transfer funds to any mobile phone subscriber in or outside the
iZettle today announces that its Chip & PIN and Chip & Signature mobile payments solutions has been approved by the Visa Ready Program, making iZettle mPOS solutions software and hardware Visa Ready. The approval applies to Visa Inc territories. This comes after iZettle’s successful enrollment last June in the Visa Ready Program, which is designed
