Announcing “Jiffy”, the new SIA service for transferring money via smartphone

On the occasion of SIA EXPO 2014, SIA presents an innovative service for “Person to Person” (P2P) payments called “Jiffy”, which via an app lets users send and receive money in real time on their smartphone to and from their phone contacts. The word “Jiffy” is a unit of measurement corresponding to the time light

Groupe BPCE, the First Banking Group to Launch a Payment Solution Enabling Users to Simply ‘Tweet’ Money to One Another

Everyone with a bank card and a Twitter account in France will soon be able to send money to other users easily, rapidly, securely and free of charge with a simple Tweet. This innovative service has been developed by S-money, the electronic money subsidiary of Groupe BPCE that provides an electronic wallet solution on mobile

Zimpost’s Zipcash Extends to Botswana

Zimpost‘s recently launched money transfer service, Zipcash, has been extended to Botswana.With effect from 27 August 2014, Zipcash customers can now send or receive money to and from Botswana. Plans to extend the same service to South Africa are also at an advanced stage, with testing already concluded. Zimpost launched Zipcash in December 2013. The

Western Union Launches Outbound Remittances for Nigeria

Western Union has launched an outbound remittance service in Nigeria, allowing people to send not only receive  money around the world. Prior to the launch, customers in Nigeria could only receive funds; this being the first time outbound remittance has become available in the country. To launch the service in Nigeria, Western Union is partnering

Rakuten Bank Launches Japan’s First Money Transfer Service Using Facebook

Rakuten Bank Ltd.  announced the launch of Japan’s first*1 money transfer service using Facebook, “Transfer by Facebook*2”. With the aim of providing a service enabling customers to transfer money from one bank account to another with ease, Rakuten Bank launched “MailMoney” in November 2002.The service allowed the sender to transfer money without knowing the recipient’s