Mozido Brings NFC Mobile Wallet Services to Indonesia

Mozido, a provider of mobile wallets for payment and commerce solutions,  announced it has launched NFC mobile payment and loyalty services for Telkomsel Indonesia, in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia. Mozido powers Telkomsel’s NFC-based TWallet application for its 140 million subscribers, enabling them to seamlessly tap and pay with

Western Union Celebrates its 20th Anniversary in Africa

Western Union Company , a leader in global payment services, celebrated its 20th anniversary in Africa. With over 34,000 locations and connections to millions of bank accounts and mobile wallets in more than 50 countries and territories, across Africa, the Western Union network serves millions of senders and receivers with a choice of 120 currencies.

CSI enhances mobile payment security with Tokenization support

With more payment providers offering comprehensive mobile wallets that allow consumers to store multiple card accounts and conduct transactions via mobile devices, the need for security increases exponentially. To deliver these additional security features, Computer Services, Inc., a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, supports tokenization

Econet, WorldRemit Partner to Enable International Money Transfers to EcoCash

Zimbabwe’s leading mobile money service, EcoCash, has teamed up with WorldRemit, the global online money transfer service, to offer customers instant international money transfers to EcoCash mobile wallets. Zimbabweans in 35 diaspora countries can make online remittance payments to friends and family in Zimbabwe. Using WorldRemit, Zimbabweans can send money online, through smartphones, tablets or

WorldRemit Offers Mobile Money in Uganda

WorldRemit has expanded its service in Uganda to enable customers to transfer money to mobile wallets. The global online money company, which recently secured a $40 million investment from Accel Partners, will provide this new service to increase the pay-out options available to customers sending money to Uganda. Up until now, customers have been able

Mobile Wallet Stalls in 2013: A Look into 2014’S Potential Lucrative Future

With an annual U.S. retail POS market of almost $4 trillion up for grabs, the stakes are extremely high. But slow adoption, lack of merchant enthusiasm, fragmented offerings, and blocking by competitors has resulted in stalled growth for mobile wallets. Today, Javelin Strategy & Research released the firm’s Mobile Wallet Game Changers: A Glimpse into