2014 was an exciting time for payments in Africa, here are a few of the top stories which made headlines over the past year.
Africa’s Top Five Articles:
Kenya Bankers Association Releases Mobile Money Survey
The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile network operators and agency banking.
Airtel Money to Launch Cross Border Money Transfer Service Across East Africa
Bharti Airtel announced plans to launch a cross border money transfer product in East Africa that will enable Airtel Money customers to send, receive and withdraw money from their Airtel Money wallets.
Tanzania Leads Africa in Financial Inclusion
Tanzania is the first country in Sub-Saharan Africa and ninth globally for demonstrating most conducive environments for financial inclusion, according to the new Global Microscope 2014 by The Economist Intelligence Unit.
Kenya, South Africa, Nigeria Lead in Mobile Banking
Kenya, South Africa and Nigeria, and the African continent as a whole, lead the world in the uptake of mobile banking, according to a new report by mobile trade association MEF.
Old Mutual Launches Innovative Prepaid and Reward Program in Namibia
BPC Banking Technologies, the leading provider of Open System payment solutions for the financial industry, announces the successful completion of the OMCARD Namibia project. Powered by the SmartVista installation at Payment Express (PEX), Mauritius and in partnership with Bank Windhoek, the OMCARD from Old Mutual provides customers in Namibia with a unique set of features and benefits including free person-to-person transfers, free POS transactions and no monthly or hidden fees.
