MENU

Posts Tagged ‘mobile money’

  • Mobile money users to skyrocket

    May 26, 2011 • Top StoriesComments Off on Mobile money users to skyrocket

    The number of subscribers using mobile money services in developing markets is expected to reach 709 million by 2015. This is according to a new research report by Berg Insight. In 2010, there were 133 million mobile money users, and Berg Insight predicts...

  • Nigeria: Central Bank tells telecoms to offer mobile transfers

    April 28, 2011 • Top StoriesComments Off on Nigeria: Central Bank tells telecoms to offer mobile transfers

    The Central Bank of Nigeria has ordered telecommunications companies in the country to begin offering mobile money transfer services. It added that they want the telecom operators to begin rolling this service out as quickly as possible. The CBN recently...

  • The future of African banking is smart

    April 13, 2011 • Mobile and TelecomsComments Off on The future of African banking is smart

    Electronic banking systems are opening doors for banks to extend their service reach and accelerating economic growth for unbanked African markets. Africa’s financial services sector is being revitalised by employment of unused banking technologies. In...

  • mMoney may be “Next Big Thing” in Africa

    March 29, 2011 • Mobile and TelecomsComments Off on mMoney may be “Next Big Thing” in Africa

    A new report from Pyramid Research suggests that the Mobile Money market in Africa represents a $3 billion opportunity. mMoney revenue, as a percentage of total operator revenue, is expected to rise to more than 5% in 2015. Mobile Money in Africa: A Big...

  • Uganda’s water corp to use mobile payments

    February 17, 2011 • Mobile and TelecomsComments Off on Uganda’s water corp to use mobile payments

    Piped water consumers in Uganda can expect to get better service delivery on the back of business deals signed between National Water & Sewerage Corporation (NWSC) and two mobile phone companies. William Muhairwe, the managing director of NWSC told Daily...

  • Kenya’s central bank warns telecom operators

    February 1, 2011 • Mobile and TelecomsComments (2)

    THE Central Bank of Kenya (CBK) has warned Telecom operators in the country offering mobile money transfer services to cut down transaction charges or face consequences. In a statement, the CBK wondered why operators had not reduced transaction costs despite...

  • East African Business Council supports mobile money conference

    December 1, 2010 • Mobile and TelecomsComments Off on East African Business Council supports mobile money conference

    As part of its programme to mobilise East Africa’s business community to take advantage of the region’s new era of economic integration, the East African Business Council has announced that it will be actively supporting the fifth annual AITEC Banking...

  • Western Union, MTN partnership to benefit rural Africa

    November 16, 2010 • Mobile and Telecoms, Top StoriesComments (2)

    Khalid Fellahi, Senior Vice President Mobile Transaction Services at Western Union, chatted to ITNewsAfrica.com about their strategic partnership with MTN Group. ITNewsAfrica.com: What does the partnership with MTN entail? Khalid Fellahi: The mobile money...

  • Western Union, MTN Group introduce mobile money transfers

    November 15, 2010 • Mobile and Telecoms, Top StoriesComments Off on Western Union, MTN Group introduce mobile money transfers

    MTN Group and global payment provider Western Union, have announced a commercial agreement to introduce international mobile remittance services in the 21 countries where MTN operates. Once introduced, the service will allow MTN subscribers to conveniently...

  • Kenya’s Safaricom, Barclays Bank cooperate on M-PESA

    October 15, 2010 • Mobile and Telecoms, Top StoriesComments Off on Kenya’s Safaricom, Barclays Bank cooperate on M-PESA

    IN an effort to enrich the experience of its customers, Barclays Bank of Kenya has entered into a partnership with Kenya’s leading telecoms operator Safaricom to offer a number of services under Safaricom’s M-PESA platform. The M-PESA service will be...

  • Societe Generale, Obopay launch mobile money service in Senegal

    June 29, 2010 • Mobile and TelecomsComments Off on Societe Generale, Obopay launch mobile money service in Senegal

    Financial service group, Societe Generale, in partnership with Obopay, a leading mobile banking and payment provider, have launched a new mobile banking service in Senegal for anyone with access to a mobile phone. The service christened “Yoban’tel...

  • Maroc Telecom launches mobile commerce service

    April 12, 2010 • Mobile and TelecomsComments Off on Maroc Telecom launches mobile commerce service

    Maroc Telecom, the major wireless and fixed line telecom operator in Morocco, today announced the launch of mobile service Mobi Cash, in partnership with Comviva, a provider of mobile solutions beyond ...

  • Vodacom and Nedbank to launch M-PESA in South Africa

    March 30, 2010 • Mobile and Telecoms, Top StoriesComments Off on Vodacom and Nedbank to launch M-PESA in South Africa

    South African operator Vodacom and Nedbank today announced a joint initiative to bring mobile money service M-PESA to the country...