Friday, December 6, 2019
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Nigerian government disburses funds via Mobile Money

Ecobank Nigeria and the Ekiti State government have commenced the disbursement of funds to over 2,250 residents earmarked in the State as the first set of beneficiaries of the Federal Government Conditional Cash Transfer...

Live @ MWC: GSMA report shows active mobile money users reached 61 million

The GSMA’s Mobile Money for the Unbanked (MMU) programme released its third annual Mobile Financial Services State of the Industry Report, providing a quantitative assessment of the state of mobile financial services, including mobile...

Oberthur partners with UTIBA

Oberthur Technologies has partnered with Utiba to create a complementary suite of secured Mobile Money Services and Money Transfer Solutions to mobile operators and financial institutions. This offer combines Oberthur Technologies' SIM OTA server, SIM...

Uganda mobile money users hit 9 million

Mobile money usage in Uganda tripled last year, with the number of users surpassing those of bank account holders. Charles Abuka, director for financial stability at the Bank of Uganda, said the number of...

Safaricom links with UK’s Vodafone for cross border mobile remittances

Kenyans will nowy be able to send and receive money to the UK through Safaricom's M-pesa in the company's first commercial cross-border transfer service whose details will be announced later this week. The move opens...

Early Warning expands reach of clearXchange with Visa and Mastercard

Early Warning, a real-time payments provider, has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using US-issued debit cards through the Visa Direct platform, it will leverage Mastercard Send for Mastercard...
Android Pay

WorldRemit partners Android Pay for mobile money P2P transfers

WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Launching the global rollout of the mobile-first approach to...

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...
M-Pesa

Vodacom reviewing poor M-Pesa business

Mobile network Vodacom South Africa is considering various options for its sluggish mobile money transfer service M-Pesa. M-Pesa enables customers - particularly unbanked users - to transfer money from person-to-person using mobile phone and text-messaging...

Monet to launch shared mobile money network in Pakistan

Fundamo has been selected by Monet, an independent mobile financial services company, to launch a mobile money network in Pakistan. The platform, now approved by the State Bank of Pakistan, will be able to...

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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