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FNB Unveils a Mobile Bank Account for Unbanked, Underbanked Consumers

First National Bank (FNB) announced the launch of eWallet eXtra, a mobile bank account that allows unbanked and underbanked South African consumers to use a feature phone or a smartphone Read More →

Tigo Tanzania Achieves Global Mobile Money Certification

Tigo Tanzania’s mobile financial services business, Tigo Pesa, has received the GSMA Mobile Money Certification, recognizing Tigo’s ability to deliver safe, transparent, reliable and more resilient services that promote consumer Read More →

$1 Billion in Transactions Processed on Ecobank Mobile App in Africa

The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months Read More →

PayPal, Safaricom and TransferTo Announce Collaboration in Kenya

PayPal and Safaricom announced a revolutionary collaboration that enables Kenyans to seamlessly move money between their M-PESA and PayPal accounts. The new service eliminates significant barriers that have hindered consumers Read More →

PayPal Heads Mobile Wallet Rankings as Users Forecast to Pass 2 Billion Next Year

A new study from Juniper Research has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by Read More →

Ecobank Mobile App Reaches 4 Million Users Milestone in Africa

The upgraded version of Ecobank’s mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million. The app builds on the Read More →

Qatar Airways and Wirecard Expand Collaboration to Offer Alipay at Doha Airport

Qatar Duty Free becomes first Airport Retailer in MEA to introduce Alipay. Hamad International Airport ranked the world’s fourth ‘Best Airport for Shopping’ at the Skytrax World Airport Awards 2018, up Read More →

SimbaPay Launches Pan-Africa Remittances Chatbot in Collaboration with Interswitch

SimbaPay – a London based digital money transfer provider – has announced the launch of an AI (Artificial Intelligence) powered chatbot service which now makes International Money Transfer (remittance) possible Read More →

Mastercard Acquires Oltio to Accelerate Digital Payments Adoption in Middle East and Africa

Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a startup that pioneered and patented several Read More →

Mastercard Payment Transaction Services Launches Tokenization on WAY4

Mastercard Payment Transaction Services S.A. (MPTS), a European processor, rolls out a new digital payment solution that leverages Mastercard Digital Enablement Service (MDES) tokenization for secure payment card provisioning on Read More →

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