MTN and Visa have partnered to offer customers a ground-breaking mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted. As part of the agreement, MTN customers’ devices will be able to pay using their MTN Mobile Money account in stores with Visa Points Of Sale
Another strong message to come out of the mobile money talks and presentations at Africa.com is that cash is still king in Africa. In his presentation Brian Richardson from Wizzit brought up the point that despite how much success mobile money might have had in Africa, cash is still 80% of retail. He suggests that
Air Uganda in conjunction with the leading Mobile Money service provider MTN has introduced a new, fast and convenient mobile money payment option on its billing platform. The new payment option enables customers to pay for their air tickets using their MTN mobile phones. The move comes as part of Air Uganda’s desire to empower
Mobile Money subscribers on South Africa’s MTN network have reached one million since the service was launched in November last year. Unlike in Kenya, where the concept has grown rapidly, mobile money has been slow to catch on in South Africa, which has a more matured and developed formal banking sector. According to MTN and
Mobile payments app SnapScan was voted ‘App of the Year’ at the annual MTN Business App of the Year Awards in Melrose Arch, Johannesburg. The 8-month old start-up from Stellenbosch managed to beat 253 other entrants, including apps from FNB, DStv, and Discovery, to take the top prize. In addition to being named app of the year,
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
SIM Swap Fraud is a term that has been doing the rounds in the South African media lately. It is a new style of cell phone banking fraud which uses a combination of your bank details and phone number to withdraw money from your bank account without your permission or knowledge. SIM Swap Fraud generally
