Ericsson announced that MTN Swaziland has deployed Ericsson Converged Wallet, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services. The rollout impacts more than 275,000 existing MTN Swaziland mobile wallet users and 3,000 agents. The new platform serves as a mobile money hub solution, connecting MTN’s operations in several countries, enabling
Customers of M-Pesa and MTN Mobile Money in East Africa will be able to transfer money to each other following an agreement between Vodafone Group and MTN Group to interconnect their mobile money services. This interconnect collaboration between the region’s two biggest mobile money operators will enable convenient and affordable international remittances between M-Pesa customers
Tanzania have been urged to capitalise on the fast changing technological innovations in the mobile money industry as a way to lift them from poverty. “We should no run away from challenges emerging from the technology revolution in the mobile money industry rather use them as an opportunity for improved livelihoods,” said Mr Mwigulu Nchemba,
TimesofMoney, the global digital payments specialist, recently launched its suite of comprehensive Mobile Money solutions Movit aimed at catering to the burgeoning mobile payments market. The new-age Movit platform caters to various verticals and businesses including banks, telecom companies, government utilities and retail stores by creating a host of services that aid financial inclusion. These
For the past five years or so, Ghana has ploughed a somewhat lonely furrow in the world of mobile money. One of the wealthiest countries (per capita) in West Africa, Ghana also has one of the highest banked populations in Sub-Saharan Africa, at around 30%[1], and one of the 10 highest unique mobile subscriber penetration
eServGlobal, the provider of mobile financial services to emerging markets, announced a project to supply an end-to-end mobile money platform for GMT Cabo Verde, a financial institution based in Cabo Verde. The mobile money service will launch this year and provide users with the ability to perform domestic and international money transfers. The service is
Safaricom has announced a new service that will allow organizations to track funds sent to beneficiaries via its mobile money solution M-PESA. The solution, named M-PESA SurePay, is a closed loop payment system engineered for corporates and Public Benefit Organisations (PBO’s) who disburse funds directly to beneficiaries. The funds are sent directly to a beneficiaries
Millions of M-Pesa and Tigo Pesa customers in Tanzania will soon be able to send and receive money directly into each other’s wallets. This follows the recent signing of a mobile money interoperability agreement between Tigo and Vodacom. The agreement announced, will for the first time see four million Tigo Pesa users exchanging money directly
In emerging markets, mobile money services have the power to simplify lives, offering people the convenience of paying from anywhere and at any time, but also to transform them, playing a social noble role by addressing the unbanked or underserved population in Africa, offering them payment services they did not have access to before, says Paul
Cachet Financial Solutions, Inc., a leading provider of cloud-based SaaS mobile money management technology to banks, credit unions and alternative financial services (AFS) providers, has expanded the feature set of its award-winning Select Mobile Money platform to include integration with Apple Pay for point-of-sale transactions. iPhone 6 or iPhone 6 Plus users simply click the
