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Airtel Money is Launching this New Virtual Payment Solution in Zambia
Airtel Money has today launched the Airtel Money Mastercard virtual payment solution in Zambia, that allows all Airtel Money customers in the country, even those without a bank account, to make global e-commerce payments safely and securely, underpinned by a growing…
Unitel Launches Mobile Money Service in Angola with Huawei
Angola-based mobile operator Unitel has launched a digital money service – Unitel Money – in the Central African country. The technology will be available in the 18 provinces of the country. The new service will allow users to make deposits,…
Top 4 Most Trending Stories – Week in Review
As this week comes to a close we take a look at the stories that resonated most with our readers. After months of planning and preparation, South Africa’s Karpowership deal falls short. “Unicorn” FinTech startups have allowed mobile payments to…
Startup “Unicorns” Help Mobile Money Soar in Africa
A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The GSMA, which represents several mobile network firms, states that “Sub-Saharan Africa has been at the forefront…
Wallettec CEO discusses the mobile money industry
There is a huge difference between mobile money and mobile payments… People are confusing the two technologies and although they are very similar, the difference is huge. Mobile Money is the ability to store money in a value store not linked…
Merchant solutions could be the answer to mobile money issues
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is…
Why Mobile Money should matter to Government
Speaking at The Economist Conference in Johannesburg in late 2014, Finance Minister Nhlanhla Nene said, “There is a perception that financial inclusion efforts will necessarily lead to increased financial risk and hence have a negative effect on financial stability. However,…
African mobile money market set to grow by $1.5 Bln by 2019
Sub-Saharan Africa is adopting mobile financial services at a pace seen in few other places, presenting banks and mobile-network operators (MNOs) with a set of strategic choices that will go a long way toward determining their success in the region.…
