Category Archives: Mobile Remittance

Mobile money transfers double

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to January 2015. Azimo’s research found that almost one in 10 people between the ages of 18 and (more…)...
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MTN Uganda clarifies mobile money fraud rumours

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the briefing was being held at Stanbic to show more significance to the fact that MTN (more…)...
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Facebook Messanger P2P payments

Facebook is bringing P2P payments to its Messenger application. The strategy will help Facebook keep users on its platform and add value while opening the door to promotion and loyalty capabilities for advertisers. Facebook stiffens competition in the P2P payments space which (more…)...
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M-Pesa launches cross-border remittance

Vodafone’s M-Pesa mobile money service opened its first international corridor on Monday, enabling customers in Kenya and Tanzania to transfer funds to one another via a handset. “With a substantial unbanked population transacting mainly in cash, the Tanzania-Kenya corridor represents a significant (more…)...
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M-Shwari hits 10 million accounts

Mobile banking product M-Shwari has hit a major milestone by reaching 10 million accounts, just two years after the virtual banking product was launched. M-Shwari, a joint partnership between CBA and Safaricom, signed their 10 millionth customer yesterday with the bank revealing (more…)...
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African mobile money interoperability

Telco Millicom has announced that its Tigo Pesa service in Tanzania will be the first in Africa able to transact with customers of all the country’s other mobile money services, following an agreement with Vodacom for M-Pesa. Millicom and rivals Airtel and (more…)...
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Google enable email money transfer

Google has enabled Send Money in Gmail, a money transfer payment service that will initially only be in the UK and the US. Originally revealed several years ago in the US, the Send Money in Gmail payment service combines the Google Wallet (more…)...
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WorldRemit and MTN agree mobile money partnership

Online money transfer service WorldRemit and telecoms operator MTN have signed a global mobile money partnership that will enable WorldRemit customers to send remittances instantly to MTN’s customers. The agreement extends WorldRemit’s position as the leading provider of remittances to Mobile Money (more…)...
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