MTN Uganda announced revised Mobile Money rates effective July 2nd, 2013. Commenting on this increment, the MTN Uganda’s GM Corporate Services, Anthony Katamba said, “According to the new national budget 2013/2014, the 10% levy on Mobile Money is to be applied on transaction fees paid on all money transfer services and as such the fee
MasterCard Worldwide is reaching out to US merchants and developers with Simplify Commerce™, a new product that makes it easy to accept e-commerce and mobile commerce payments, regardless of payment brand, in a matter of minutes. Merchants, especially those managing smaller businesses, do not always have the resources readily available to help them set up
Braintree, the global payment platform behind many of the best next-generation online and mobile purchasing experiences, today announced more international momentum with the addition of Sweden-based Mojang, maker of the popular games Minecraft, Scrolls and Cobalt. Mojang joins a growing list of international companies, such as AVG Technologies, The Economist and Rovio/Angry Birds, using Braintree as their payment platform.
Square, a point-of-sale company which developed credit card readers for the iPhone, iPad, and Android devices, has hired Gokul Rajaram, who was most recently the Product Director of Ads at Facebook, where he drove product development and execution for Facebook’s advertising products. As Square’s Product Engineering Lead, Rajaram will lead software development for Square Register, a
M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has now set its sights on the medium and small entreprises with the launch of Lipa Na M-PESA- a campaign aimed at entrenching the use of its payment services as primary tool of transactions. Lipa na M-PESA is an umbrella service for
Heartland School Solutions, a division of Heartland Payment Systems has launched a mobile payments application for parents of school-aged children to manage school meal expenses from smart phones and tablets. As the first such app available on Apple iOS, Android and Windows Mobile, Heartland’s new MyLunchMoney.com® app enables parents to use their smartphones or mobile
According to a new research report from Berg Insight, in-store mobile wallet payments in the EU is forecasted to grow from less than € 0.1 billion in 2012 at a compound annual growth rate of 275 percent to reach € 45 billion in 2017. This will correspond to 1.6 percent of the credit card and
Gartner Predicts That Asia/Pacific Will Overtake Africa to Become the Largest Region Worldwide mobile payment transaction values will reach $235.4 billion in 2013, a 44 percent increase from 2012 values of $163.1 billion, according to Gartner, Inc. The number of mobile payment users worldwide will reach 245.2 million in 2013, up from 200.8 million in
