MoneyGram Announces Collaboration with Econet Wireless

MoneyGram, a global provider of innovative money transfer services, and Econet Wireless, the leading mobile operator in Zimbabwe, announced the launch of a new service that enables customers from more than 200 countries and territories worldwide to transfer funds via EcoCash, Zimbabwe’s leading mobile money transfer solution. The new offering means that more than 4.9

eftpos Selects Bell ID’s Tokenization Platform for New Australian Mobile Payments Capability

eftpos announced a new partnership with Bell ID to build a flexible, domestic mobile payments capability, including secure tokenization services. Bell ID’s Token Service Provider platform will integrate with the ‘eftpos Hub’: a reliable, secure and scalable centralized switch that provides the Australian industry with a cost effective, real time payments processing platform with the

Mozido Opens African Headquarters in Johannesburg, South Africa

Mozido Africa, a subsidiary of Mozido, Inc., announced the opening of its African headquarters in Johannesburg, South Africa. This represents a key milestone in the expansion of Mozido and the company’s commitment to the continent of Africa. Africa has some of the fastest growing mobile money markets worldwide. Providing African consumers access to Mozido’s innovative

MasterCard Enables Corporate Card Use in All Digital Wallets

MasterCard announced it will provide tokenization services to commercial credit card issuers. Soon, corporations and business travelers will be able to load eligible corporate credit cards within participating mobile and digital wallet services. With the addition of corporate cards, MasterCard will now enable tokenization across virtually all its products – consumer credit, debit and prepaid

Newly Designed ATM Offers Fast Service via Mobile Phone

Wincor Nixdorf is now launching a new automated teller machine (ATM) on the market that allows customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The system’s innovative design is intended to appeal especially to digital natives who have grown up with digital and mobile technologies. Smart phone users can

Airtel and Tigo Partner to Launch an Interoperability Pilot in Rwanda Between Airtel Money and Tigo Cash

Airtel Rwanda, a subsidiary of Bharti Airtel, and Tigo Rwanda Ltd, a subsidiary of Millicom, have announced a partnership to pilot interoperability between their two mobile money transfer service platforms. This collaboration will allow Airtel Money and Tigo Cash subscribers to send and receive money directly into their mobile wallets without use of vouchers. Tano

How Kenyan Banks Lost to Mpesa

Mpesa, a wildly successful payment platform contractually licensed to Safaricom, has prospered at the expense of what would have been banking services. Kenya’s banks have taken a back seat as Mpesa leads the payments market. It wasn’t always like this. Over the past decade, mobile financial services evolved, greatly benefiting from an easy to scale

Beyonic Announces Partnership with Mobile Accord to Expand Further into Africa

Beyonic, a technology company that aims to eliminate the rampant use of cash in emerging markets, is announcing a partnership with Mobile Accord that will make Beyonic the largest mobile money aggregator in Africa. Beyonic currently operates in Uganda and Kenya, and will leverage Mobile Accord’s expertise in building mobile solutions and relationships with leading mobile

KeepKey: Your Private Bitcoin Vault, Begins Shipping

KeepKey, a leading provider of bitcoin storage security, is proud to announce that they began taking orders for their flagship bitcoin hardware wallet. Shipping starts immediately. KeepKey is a USB device that stores and secures your bitcoins. When you entrust KeepKey with your bitcoins, every transaction must be reviewed and approved via a large OLED

Some 5.3bn/- up for Grabs by Airtel Money Customers

Airtel Tanzania announced the distribution of over 5bn/- to its active Airtel mobile money customers and agents across the country. The move to distribute the interest accumulated in Airtel Money trust account will enable active Airtel Customers to receive a substantial amount of money. The amount paid to Airtel Money customers is based on their