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mobile wallets

Cybersecurity

Digital Payments: Survey Reveals 35% of South Africans Face Phishing Scams

Zintle -
According to the Kaspersky Digital Payment survey, 35% of respondents from South Africa faced phishing scams when using online banking or mobile wallet services. 43% have personally encountered fake websites, and 59% experienced scams (via texts or calls) using...
FinTech

Why mobile wallets are struggling

Fundi Maseko -
Mobile wallets may offer some convenience, but until they offer a broad range of simple, seamless transaction capabilities, and give users more value than that of their cash alone, they will still lack consumer ‘stickiness’. This is according to Kobus...
East Africa

Western Union, TerraPay to expand payout options to mobile wallets across Africa

Fundi Maseko -
Western Union cross-border, cross-currency money movement, has announced an alliance with TerraPay to enable mobile wallet and bank account payout. The alliance further expands upon Western Union's account payout network for sending remittances directly into customers' mobile wallets across...
FinTech

Fintech to solve financial exclusion in Egypt

Neo Sesinye -
Egypt boasts one of the fastest-growing business markets in Africa. With that said,fintech is set to play a key role in providing basic financial services to the large pool of unbanked people. According to the latest report from Africa’s leading...
Retail

Why mobile is the gatekeeper of brand loyalty today

Fundi Maseko -
Achieving long-term brand loyalty has become brutally difficult for South African retailers. Mobile represents an unparalleled opportunity for savvy retailers to reach customers in more personalised, efficient and powerful ways – paving the way for a new era of...
FinTech

MoneyGram launches money transfer service to mobile wallets in Ghana

Staff Writer -
MoneyGram and Zeepay, a mobile financial services company, announced a new partnership that enables customers around the world to send money directly to more than 11 million mobile wallets in Ghana. With this new service, MoneyGram becomes the only leading...
East Africa

Tigo and Airtel Rwanda launch new insurance enabler

Staff Writer -
Tigo and Airtel Rwanda in partnership with Radiant Insurance Company, Inclusivity Solutions, and Access to Finance Rwanda have launched a new insurance enabler called Ingoboka Cash. With Airtel and Tigo Customers and total mobile wallets of 1.4 million, Airtel...
FinTech

The expedient rise of a cashless society and how this is disrupting banking

Staff Writer -
The evolution in payment systems has changed from trading with physical commodities like shells, gold and livestock; to fiat money like paper notes and credit cards that in itself, has no intrinsic value. Money has taken many forms -...
East Africa

TerraPay launches international mobile money transfers to Uganda

Staff Writer -
Mobile payments switch, TerraPay has announced the launch of international mobile money transfers to Uganda. Terrapay received approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. This allows TerraPay's network partners across...
East Africa

Xpress Money, Terrapay ink mobile money partenrship

Staff Writer -
Xpress Money has partnered with TerraPay to enable international money transfers to mobile wallets in Africa. Powered by TerraPay’s global clearing and settlement service for mobile wallets, the partnership will enable Xpress Money consumers to send money to mobile accounts, in real...
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Latest News

FeaturesMamsi Nkosi -

What to Know About the New Honor 400 Lite: Full Review & Specs

The HONOR 400 Lite makes a strong debut, taking luxury design cues, incorporating AI-powered functionality, and providing a user...
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