Mobile Money by T-Mobile, which includes a T-Mobile Visa Prepaid Card, counts among its many available features access to a nationwide surcharge-free ATM network of 43,000 ATMs – the Allpoint Network. Allpoint is America’s largest surcharge-free ATM network and an affiliate of Cardtronics, Inc. Mobile Money is the combination of a money management app, a
Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing business. Known as Mobile Wallet, the platform will make it easier for BOA account holders as well as those without accounts to send and receive
Orange Money has hit the 10 million subscriber mark, with the company celebrating the potential of the service as a “growth engine” for Africa and the Middle East. The Orange Money mobile money service is currently available across 12 African markets as well as in Jordan, with the 10 millionth user signing up in Dakar,
Tigo has partnered with 17 major banks in Tanzania to enable its clients send and receive money through transactions between the banks and Tigo Pesa. Launching the service in Dar es Salaam, the company announced that Tigo customers will now have round the clock ability to instantly withdraw and deposit funds via Tigo Pesa to
GSMA Intelligence recently released a case study of Kopo Kopo in Kenya where they set out to provide tools to small and medium businesses to enable them to accept mobile money payments and to take advantage of related value added services that would allow them to grow. Kenya is home to the most advanced mobile
MTN Group and Bharti Airtel has announced a cross-border remittance partnership that seeks to remove the hassles of transferring money between Ivory Coast and Burkina Faso for the operators’ Mobile Money customers on either side of the border. The landmark partnership will enable Mobile Money customers of MTN Ivory Coast and Airtel in Burkina Faso
Over half of Tanzania’s adult population currently have access to financial services compared to just 27 per cent in the year 2009, thanks to mobile phone money services which central bank boss Prof Benno Ndulu also describes as ‘electronic wallet.’ The improvement, which stands at 57 per cent of the population above 16 years old,
Zimbabwean mobile money platform Telecash has seen the number of agents and merchants utilising the service rise 63 per cent, from 1,600 to 2,600, since it was introduced at the end of January. HumanIPO reported earlier this year mobile operator Telecel had launched Telecash, allowing subscribers to use their phones as a digital wallet to
Transaction security must increase as mobile money services grow across Africa, while transparency and interoperability are key to encouraging further uptake of such services, according to Christelle Toureille, Middle East and Africa (MEA) marketing director for banking and telecommunications solutions at Gemalto. Speaking at Africa’s Payments, Banking and Retail Show 2014 in Johannesburg today, Toureille
MTN Mobile Money users, who are also Ecobank customers in 12 African countries, will soon be able to withdraw cash from Ecobank ATMs. They will also be able to transfer money between their Mobile Money and Ecobank accounts. The service was piloted in Ghana last month, and will soon be launched in Benin, Cameroon, Ivory
