Articles with tag: mobile money

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The blueprint for financial inclusion – Mojaloop's vision for solving the unbanked problem

Interviews | Payments General | 20 Nov 2020

The Paypers interviewed Paula Hunter from the Mojaloop Foundation to learn how financial inclusion can happen in vital regions across the world when an open source approach is embraced

Mojaloop, Mojaloop Foundation, Paula Hunter, financial inclusion, charitable nonprofit, digital finance, open finance, interoperability, real-time payments, transactions, mobile money, central banks, unbanked, SME, credit score, lending, Central Bank Digital Currency, CBDC, blockchain, KYC

Paymentwall integrates Paga, Tingg, instant EFTs in Nigeria

News | Mobile Payments | 17 Nov 2020

Paymentwall expands its payment coverage in Nigeria to offer mobile money payments with Paga, Tingg, and instant EFTs.

Paymentwall, Nigeria, mobile money payments, Paga, Tingg, instant EFTs, ecommerce, digital wallet, KYC, mobile payments

Crown Agents Bank, Paga extend partnership for Africa expansion

News | Online & Mobile Banking | 03 Nov 2020

Crown Agents Bank has announced it is expanding its partnership with Paga to increase its payments reach in Nigeria, Africa’s largest economy.

Crown Agents Bank, Paga, payments, Nigeria, Africa, mobile money, money transfer, remittance, partnership, FX, cross-border payments

dLocal doubles African footprint, adds four new countries, partners with Verve and Fawry

News | Online Payments | 28 Oct 2020

dLocal has expanded its payments network to include Kenya, Senegal, Ghana, and Cameroon, while adding new integration partners in Nigeria and Egypt.

dLocal, integration partners, Visa, Mastercard, merchants, mPesa, Airtel, Wizall Money, mobile money, mobile payments, local payments, local currency, Verve, Fawry, cards, tokens, ecommerce, online transactions

Ria Money Transfer, Thunes enable cross-border payments in emerging markets

News | Mobile Payments | 22 Oct 2020

Ria Money Transfer has partnered with global cross-border payment provider Thunes, enabling customers across the globe to send funds directly to consumers from emerging markets.

Ria Money Transfer, cross-border payments, Thunes, emerging markets, mobile wallets, M-Pesa, MTN Mobile Money, mobile money, alternative payment solutions

Uganda-based police hunt for mobile money hackers

News | Digital Identity, Security & Online Fraud | 12 Oct 2020

The Uganda-based police force has begun searching for hackers who accessed the systems of a third party that processes phone-based transactions.

Uganda, mobile money, hackers, fraudsters, third party, phone-based transactions, MTN Group, Standard Bank, mobile-money systems, Criminal Investigation Department, Bloomberg, utility bills, payments, cell phone

ZEEPAY, Visa to bring digital payments to Ghana's diaspora

News | Online Payments | 30 Sep 2020

ZEEPAY, an African fintech, has teamed up with Visa to allow Africans in the diaspora to send money directly onto Visa debit and prepaid cards in Ghana.

ZEEPAY, Visa, send money, mobile money, mobile payments, prepaid cards, Ghana, INSTNTMNY

TipMe drives ecommerce and cashless transactions in Liberia

News | Mobile Payments | 08 Sep 2020

Electronic payment service provider TipMe has launched to provide individuals and businesses access affordable financial products and services that meet their needs.

TipMe, launch, cashless, mobile money wallet, mobile wallet, Visa, Mastercard, LEC tokens, bill payment services, ecommerce

eCurrency brings CBDC benefits to all in ecosystem utilising digital symmetric core currency cryptography (DSC3) technology

Interviews | Payments General | 04 Sep 2020

‘Choices around the technology used for CBDC are important as they would have a significant impact on the extent to which CBDC meets our overall objectives’, The Bank of England

Central Bank Digital Currency, Lars Arvidsson, eCurrency, Bank of England, DLT, digital wallets, central banks, commercial banks, Digital Secure Currency, payment cards, mobile money wallets

Remitly doubles mobile wallet offerings and global consumer reach

News | Mobile Payments | 26 Aug 2020

Independent provider of remittance and financial service products for immigrants Remitly has announced the expansion of its mobile wallet network.

Remitly, remittance, immigrants, mobile wallet, mobile wallet network, M-PESA, MTN Mobile Money, bKash, Gcash, Airtel Mobile Money, GoPay, Ovo, Thunes, emerging markets, COVID-19, digital purchases, home delivery, cash pickup, bank deposit

Bankily brings digital banking solutions in Mauritania

News | Online & Mobile Banking | 21 Aug 2020

Banque Populaire de Mauritanie (BPM) has launched earlier in 2020 a mobile banking service called Bankily, supported by Comviva’s mobiquity Banking Suite.

Banque Populaire de Mauritanie, Mauritania, mobile money, payments, banking, BPM, mobile banking, mobile app, Bankily, Comviva

Standard Chartered teams up with Airtel Africa to bring financial inclusion

News | E-invoicing, SCF & E-procurement | 14 Aug 2020

Standard Chartered has partnered Airtel Africa, a provider of telecommunications and mobile money services.

Airtel, Africa, Standard Chartered, finance, telecommunications, mobile money, online, payments, mobile banking, banking Kenya, Tanzania, Uganda, Zambia

BankMobile merges with Megalith Financial Acquisition

News | Online & Mobile Banking | 07 Aug 2020

US-based BankMobile, a subsidiary of Customers Bank, and Megalith Financial Acquisition (MFAC) have entered into a definitive merger agreement.

BankMobile, technology, Customer Bank, banks, Megalith Financial Acquisition, digital banking, digital, banking, BM Technologies, US, MFAC, transaction, NYSE, loans, financial, Banking-as-a-Service, BaaS, BankMobile Disbursements, Google, White-Label, T-Monile, T-Mobile MONEY

Airtel Africa, WorldRemit partner to grow money transfer business

News | Payments General | 20 Jul 2020

Telecom and mobile money services company Airtel Africa has partnered with digital money transfer service provider WorldRemit for instant money transfer services expansion across Africa.

Airtel Africa, WorldRemit, money transfer, mobile money, digital money, instant money transfer, RDC, Uganda, Zambia, Tanzania, Malawi, Niger, Mobile Money accounts, Rwanda, Airtel Money, payments, mobile wallets, mobile financial products, fintech

GSMA launches Mobile Money Interoperability Test Platform for financial inclusion

News | Mobile Payments | 15 Jul 2020

GSMA has launched Mobile Money Interoperability Test Platform (ITP) aiming to help make transactions more seamless in emerging markets.

GSMA, Mobile Money Interoperability Test Platform, financial inclusion, Africa, ITP, transactions, GSMA Inclusive Tech Lab, GoPay, IDEMIA, KaiOS, MTN, Telenor, University of Washington, VEON, Vodafone, The Bill & Melinda Gates Foundation, digital, payments, digitisation, account-to-account interoperability, mobile money, APIs

Mobile Money, Orange Money fees to be reinstated as COVID-19 restrictions reduce

News | Mobile Payments | 23 Jun 2020

Lonestar Cell MTN and Orange Liberia have announced that starting from 1 July 2020 all fees waived on Mobile Money  and Orange Money transactions will be reinstated.

Lonestar Cell MTN, Orange Liberia, transactions fees, Mobile Money, MoMo, Orange Money, Central Bank of Liberia, digital payments, merchants, p2p, COVID-19

Vodacom M-Pesa goes global

News | Mobile Payments | 17 Jun 2020

Vodacom M-Pesa, a Tanzania-based mobile money service provider, has announced the expansion of its International Money Transfer service portfolio.

Vodacom M-Pesa, tanzania, mobile payments, mobile money, Africa, remittances, Bank of Tanzania

TPAY MOBILE acquires Turkey-based payment platform Payguru

News | Mobile Payments | 10 Jun 2020

Middle East and Africa-based mobile payment enabler TPAY MOBILE has announced the acquisition of 100% of the shares of Turkey-based payment service provider Payguru.

TPAY MOBILE, Middle East, Africa, Payguru, Turkey, Central Bank of the Republic of Turkey, CBRT, Competition Authority, mobile payments, ATM cash payments, merchants, mobile network operators, Turkcell, Vodafone, Türk Telekom, Ziraat Bankası, direct carrier billing, mobile wallet, mobile money

Uber, Flutterwave partner to launch Uber Cash in Africa

News | Mobile Payments | 10 Jun 2020

Uber has partnered with US-based fintech company Flutterwave to launch its Uber Cash digital wallet feature in Africa.

Uber, Flutterwave, launch, Africa, digital wallet, Barter payment app, Visa, South Africa, Kenya, Nigeria, Uganda, Ghana, Ivory Coast, Tanzania, Nigeria, unbanked populations, mobile money

Mobile-first mentality to drive global growth for Direct Carrier Billing

News | Mobile Payments | 28 May 2020

The Direct Carrier Billing (DCB) industry is set to experience growth over the next three years, reaching GBP 23 billion in global revenue by 2023.

Direct Carrier Billing, study, mobile payments, mobile money, smartphones, content, media, sports, UK