Monday, November 30, 2020
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Homesend platform extends remittance reach

Mobile Payments World interviews Stephen Doyle, CEO of Homesend to discuss what going on in the remittance market.

Global B2B mobile money transfer to hit $218 trillion

New research forecasts significant growth for the cross-border B2B money transfer industry. Juniper Research is forecasting the global B2B mobile money transfer industry to see a $218 trillion valuation by 2022, up from its existing $150...
Evolution of the global mobile wallet landscape

How do mobile wallets vary in different countries?

Simple and secure ways to complete transactions directly through a mobile device have become increasingly popular over the last three years globally. Mobile users can now do this through a number of different technologies,...

M-Pesa mobile money transfer goes global with MoneyGram deal

Safaricom’s push to take its mobile money transfer business global ha s received another boost with the signing of a deal that will see users of MoneyGram send cash directly to M-Pesa customers from any...
Walmart Pay exceeding retailers expectations

Walmart extends financial services with money transfer operation

Walmart, like Amazon, is moving itself further into traditional financial services provider territory, by expanding its money transfer operation to 200 countries. Through the new money transfer operation, people will be able to deliver money...
Mobile money

Mobile money hits $1 billion per day landmark

Mobile money services generated $2.4 billion in direct revenue during 2017, as the industry processed $1 billion worth of transactions per day, the GSMA said. The Association’s annual State of the Industry Report on Mobile...
A mobile phone with cash coming out of it

Nigeria to shut failing mobile money operatives

Nigeria’s authorities are set to revoke the licences of at least 15 struggling mobile money operators under new minimum finance rules, according to press report. The report tips the majority of the 21 companies operating...

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...

Mobile money outlawed in Uganda

A Ugandan court has pronounced that mobile money business operated by the five major telecommunication companies is illegal. Justice Christopher Madrama of the Commercial Court in Kampala, made the pronouncement on Friday. He was delivering a ruling on...

Banglalinks mobile wallet service

Banglalink, the leading operator in Bangladesh, has won the International Association of the Money Transfer Networks (IAMTN) 'Best New Service' Award for Mobile Remittance services, powered by Comviva's mobiquity mMoney. Remittance inflows contribute $10 billion...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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