Category Archives: Mobile Remittance

Equity launches thin SIM mobile money service

Equity Bank has launched its telecommunications services under Equitel, the brand name for its fully-owned subsidiary Finserve Africa. The largest lender by customer base has been issuing ordinary SIM cards at its banking halls since October last year after its planned roll out of controversial (more…)...
Read more

Facebook Messenger payment service

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your debit card through Facebook Messenger in just a few taps. The (more…)...
Read more

Visa denies Fundamo shut down

Visa has denied that it is about to shut down Fundamo, the mobile payments company it bought for $110m in cash five years ago. That is contrary to what a number of sources claim, with some reporting that key senior staff have left the (more…)...
Read more

Safaricom sues Airtel over M-pesa

Safaricom has taken rival telecommunications company Airtel to court on claims that it is infringing on its M-Pesa trademark by including its symbols on its advertising billboards. Safaricom has filed pictures in court that it claims show evidence of Airtel Kenya’s (more…)...
Read more