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mobile wallet

MTN and Ericsson extend mobile money partnership in Africa

MTN and Ericsson have signed a five-year contract extension to deploy new products and provide Managed Services for Mobile Money services in 13 countries across Africa and the Middle East. The new contract includes deployment of Ericsson Wallet Platform...

Xpress Money to double mobile wallet operations in Africa

Global Money transfer organisation Xpress Money has announced that it witnessed a 37 percent growth in Mobile Wallet Credits to Africa in 2018 and foresees a similar trend in 2019. Xpress Money cashed in on the fact that more than...

Banking in a cashless society will require African solutions for African problems

African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already a global leader in mobile payments, while mobile money accounts in sub-Saharan Africa are...

e-commerce companies partner to accelerate digital payments in Africa

TransferTo, a global B2B Cross-Border Mobile Payments Network, has partnered with global e-commerce platform, MallforAfrica, to offer shoppers living in Africa with direct online access to over 200 major retailers across Europe and the USA. Over the last few years, e-commerce...

ChamsMobile launches Mobile Money for Nigerians abroad

Nigerian Mobile Money Operator, ChamsMobile Ltd, under its brand ‘Kegow’, has announced the introduction of a Mobile money account for Nigerians living abroad in socalled “diaspora”, an account which will include a linked Visa Virtual Card as a standard...

MTN inks major Mobile Money partnership for Africa

Online money transfer service WorldRemit and telecoms operator MTN have inked a global partnership that will enable WorldRemit customers to send remittances instantly to MTN’s Mobile Money customers. The agreement is expected to extend WorldRemit’s position as a provider of...
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Octa Analyst Shares 4 Tips SA Traders Can Use Against Sophisticated Scams

The Financial Sector Conduct Authority (FSCA) issued an urgent warning about sophisticated scams targeting traders. Fraudsters are now using deepfake...
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