National Microfinance Bank Set to Push Nation to Cash-less Society

The National Microfinance Bank (NMB) said it plans to enhance financial inclusion using mobile phone technology blended with internet services. Though, some quarters see mobile transaction as cashin-cash out, the bank want to reverse the phenomenal and create a cashless society where almost all payments are done through mobile handsets. The NMB Managing Director, Ms

Retailers Can Accept MTN Mobile Money With New Verifone POS Device

Verifone Mobile Money and MTN Group, announced an agreement to deliver retail payment devices to merchants across 16 of MTN’s operating countries. The solution will enable customers to pay for goods and services using their mobile phone and MTN Mobile Money wallet, while merchants will be provided with payment terminal solutions from Verifone. “We are

State Bank of India launched “SBI Quick”

State Bank of India launched “SBI Quick”, a simple and quick way to get balance or mini statement of account through mobile phone. It involves, one time registration through SMS. Thereafter, customer can send SMS or give a missed call on a mobile number to get balance in the account or mini statement containing last

Unified Signal, Inc’s Mobile Wallet Software Solution Chosen to Launch Mobile Payments in Serbia

Unified Signal, Inc., a leading software system in the telecommunications and mobile payments industry, announced that it has received approval from the Central Bank of Serbia to enable the country of Serbia with its 7+ million population with the company’s innovative and secure mobile wallet technology. Once deployed, the technology will allow Serbian expats in

New Sage Pay Partner Doluna Launches Off-Site SMS Payments Solution

Doluna, the pioneering global SMS provider, is delighted to announce the launch of its Sage Pay partnership, to provide a new SMS payment collections solution. This innovative SMS offering means that any company can request payments via SMS to anyone with a mobile phone, 24/7. Sage Pay account holders can integrate Doluna’s API to send

Pay Staff via Mobile Phone with Vodacom’s M-pesa

The latest generation of the Vodacom m-pesa electronic platform provides an ideal mechanism for employers to pay staff salaries and ad-hoc expenses via mobile phone. As more countries develop simple remuneration calculators online the whole system can be managed from a phone. With m-pesa, companies have a low-cost and easy solution for making payments to all staff, even

Rapid Communications to Launch Virtual Banking Services in Somalia

The mass market in Somalia will now be able to access various banking products virtually through their mobile phone after Kenya’s Rapid communications recently acquired 16% shareholding in Nationlink telecom, a GSM operator, along with the license for banking services. The company currently manages the content management system (CMS) platform for Nationlink telecom and with

Equity Bank Tanzania Launches Eazzy 24/7 Mobile Banking Platform

Equity Bank Tanzania, has unveiled its latest innovation dubbed EAZZY 24/7, mobile phone banking platform. Eazzy 24/7 allows the Bank’s customers to access banking services using their mobile phone. The service is accessible through Vodacom, Airtel, Tigo, and Zantel. The platform allows customers to carry out various transactions such as Airtime top up, Transfer funds,