Wednesday, August 21, 2019
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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...
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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.

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...

The rise of mobile wallet-to-wallet cross-border remittance services

New MNO wallet-to-wallet international remittance services have launched over the past few months. Until recently in the mobile money industry we have seen a number of MNOs partnering with traditional MTOs (money transfer operators)...

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...

TransferWise launch P2P international mobile money transfer

TransferWise, the international money transfer platform started by the first employee of Skype, has launched the world’s first peer-to-peer mobile money transfer app. The free app, which is compatible with iPhone, iPad, and iPod touch, enables...

Orange partners African banks to extend mobile money services

Orange has agreed partnerships with African banks to expand its mobile money services across the region to try to match the popularity of Vodafone’s M-Pesa. The French telecoms group has struck a first deal with Bank of...

Easypaisa hits 6 million monthly users

Celebrating the fifth anniversary of Easypaisa, Telenor talked up how embedded the mobile money service has become in Pakistan’s economy, attracting six million users every month. The operator, which launched service on 15 October 2009...

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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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