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Posts Tagged ‘eWallet’

  • online payments

    Millicom & Kalixa ink online payments processing partnership

    September 11, 2014 • Online, Top StoriesComments Off on Millicom & Kalixa ink online payments processing partnership

    Millicom and Kalixa unveiled the establishment of a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year. The joint venture will offer payment acceptance...

  • Zim Dollars

    Could Zim become Africa’s first cashless economy?

    July 10, 2014 • Mobile and Telecoms, Top StoriesComments Off on Could Zim become Africa’s first cashless economy?

    Strive Masiyiwa, founder and chairman of Econet Wireless, wants to turn the company’s mobile wallet technology, known as EcoCash, into Zimbabwe’s primary method of payment. Masiyiwa claims that it will no small task; however, he essentially wants...

  • FNB’s mobile money shows significant growth

    February 15, 2012 • Mobile and Telecoms, Top StoriesComments Off on FNB’s mobile money shows significant growth

    Mobile banking is taking off across Africa, with FNB recorded a 150% growth year-on-year for its Cellphone Banking service and 1384% growth eWallet usage. 2.4 million transactions were conducted on cellphones during December 2011 in Botswana, Namibia, Zambia,...

  • eWallet use increased over December

    January 30, 2012 • Mobile and Telecoms, Top StoriesComments Off on eWallet use increased over December

    South Africa’s First National Bank’s mobile eWallet has seen a 133% jump in growth for the month of December 2011, processing over R140 million in money transfer transactions as compared to R60 million in December 2010. “Every festive season since...

  • FNB’s mobile eWallet available to non-account holders

    January 23, 2012 • Mobile and TelecomsComments Off on FNB’s mobile eWallet available to non-account holders

    South African consumers will now be able to use their cellphones to shop and do banking – even if they don’t have a bank account. This is as a result of a partnership between First National Bank and retail store PEP which makes the bank’s eWallet money...

  • FNB makes changes to mobile wallet

    November 28, 2011 • Mobile and TelecomsComments Off on FNB makes changes to mobile wallet

    First National Bank today announced that it has enhanced its eWallet solution with two striking new features – enabling users to pay money from eWallet directly to a bank account, and enabling the payment of bills. “When we created the eWallet, recipients...

  • African mobile money regulation impact

    July 19, 2011 • OpinionComments Off on African mobile money regulation impact

    With an estimated 300 million mobile phone subscribers in Africa, USA and UK development agencies have noted that of the new technologies offering improvements to remittance services and reductions in transaction costs, mobile phones hold the greatest promise...

  • FNB focuses on mobile banking growth in Africa

    June 21, 2011 • Mobile and TelecomsComments Off on FNB focuses on mobile banking growth in Africa

    First National Bank, one of SA’s leading banks, firmly believes that mobile money and mobile banking are increasingly proving to be the ideal channels to access cash in Africa, as FNB is experiencing growth in its African subsidiaries. Cellphone Banking in...

  • FNB’s eWallet shoots the lights out

    February 15, 2011 • Mobile and TelecomsComments Off on FNB’s eWallet shoots the lights out

    FNB’s electronic cash offering, eWallet, is enjoying exponential growth and the company is preparing to launch the product in other African countries by June 2011. By the end of January 2011, over 2.6 million transactions were processed by the eWallet...