To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit has released new data showing that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts. Transfers to mobile money accounts make up 93% of WorldRemit transactions to Kenya now – showing that Kenyans continue to be early adopters of
In recent years, microinsurance has started to play a bigger role in helping facilitate mobile money uptake, with the GSMA reporting a 9% year over year growth in mobile insurance services in 2015. However with 63% of the120 live services being led by mobile operators globally, the reality is that only eight of these services
Africa needs a new payments solution that is digital from start to finish, according to Andrew Torre, Visa’s President of Sub-Saharan Africa. Speaking at the Seamless Africa payments, ecommerce, and retail conference held in Cape Town last week, Torre highlighted the need for a new payment solution in Africa, and how mobile will be key
Africa needs a new payments solution that is digital from start to finish, according to Andrew Torre, Visa’s President of Sub-Saharan Africa. Speaking at the Seamless Africa payments, ecommerce, and retail conference held in Cape Town last week, Torre highlighted the need for a new payment solution in Africa, and how mobile will be key
TerraPay, a mobile-first international payment network, announced that it has been working with the GSMA to ensure TerraPay compatibility with the recently rolled out standardized mobile money APIs. TerraPay will provide support by providing a staging environment for the new GSMA Mobile Money API Developer portal that will enable the wider technical community to learn
TerraPay, a mobile-first international payment network, announced that it has been working with the GSMA to ensure TerraPay compatibility with the recently rolled out standardized mobile money APIs. TerraPay will provide support by providing a staging environment for the new GSMA Mobile Money API Developer portal that will enable the wider technical community to learn
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that Peach Payments, a fast-growing South African payment service provider (PSP), will offer merchants a seamless mobile checkout solution with the ACI Mobile Commerce Software Development Kit (mSDK). Part of ACI’s award-winning UP eCommerce Payments solution, the white-label mSDK can be
ETSI, GlobalPlatform and the NFC Forum detailed a standardized approach to implementing and managing NFC services across all technologies and platforms. The shared work initiative explains how to ensure that NFC services successfully coexist within a device and operate as intended. The standardized approach clarifies how the ecosystem details the expected behavior of multiple NFC
Wirecard is launching boon with Apple Pay in Ireland, the easy, secure and private way to pay that’s fast and convenient. After the initial launch to the UK, France and Switzerland, Ireland is the fourth market where people can use boon with Apple Pay. The fully digitized mobile payment app boon is offering its customers
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Ecentric Payments Systems, South Africa’s leading payment processor, has expanded its relationship with the company and will leverage ACI’s UP Merchant Payments to extend its capabilities with eCommerce payment and gift card solutions. Ecentric, which has worked with ACI
