Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe and clean energy to 3 million people in East Africa, will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach
Wirecard, one of the leading global specialists for digital financial technology, will soon offer innovative, fully-digital and automated consumer interaction experiences via a Chatbot handling consumer enquiries. The fastest growing mobile payment solution in Europe, boon by Wirecard, will be the first mobile payment app to benefit from this new way of managing consumer interactions
First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, which is the fastest growing USSD scheme in the market, grew by
DBS Bank India (DBS) has announced its partnership with Samsung Electronics for its payment platform Samsung Pay. This partnership will enable DBS debit card holders to make contactless payments using their Samsung smartphones. With Samsung Pay, DBS customers can widely use their smartphones as majority of Point of Sale (PoS) terminals in India are Magnetic
Ingenico Group, the global leader in seamless payment, and Shangri-La Hotels and Resorts, one of the world’s premier hotel companies, has announced an extension of their global partnership that sees Ingenico integrate native, in-app payment functionality into Shangri-La’s next generation mobile app. With the new Shangri-La Mobile app, guests can easily book rooms, access mobile
The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana. The amount represents a growth of 84.6 percent over the December 2016 amount of GH¢1.3 billion. These funds mobilized through mobile money are currently held by banks. Mobile
Samsung India has launched ‘Bill Payments’ on its flagship payments service Samsung Pay. The new feature will enable Samsung Pay users to pay their utility bills seamlessly using Samsung Pay’s secure and convenient platform. Currently, users can pay their mobile, landline phone, electricity, gas, water and DTH bills using ‘Bill Payments’ on Samsung Pay. The
Businesses in Nigeria can now securely request and receive payments directly from their customers using PayU’s secure product called PayU Receive. PayU Receive is a secure payment solution that facilitates business-to-business and business-to-consumer payments easily via email or SMS. It allows businesses to make use of PayU’s safe and secure payment services by allowing them
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa. As part of the expansion, WorldRemit will enable customers in Africa to transfer money to 148 countries as easily as
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa. As part of the expansion, WorldRemit will enable customers in Africa to transfer money to 148 countries as easily as
