Wednesday, August 21, 2019
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M-Pesa

Vodafone M-Pesa reaches 25 million customers milestone

Vodafone M-Pesa has more than 25 million active customers, marking another year of accelerated growth for the innovative mobile money transfer service. Across markets in Africa, Asia and Europe, active customers of M-Pesa increased by 27.1%...

Sybase 365 partners with ONE Bank in Bangladesh

Sybase 365 together with its local partner, Neurosoft Technologies, has announced that ONE Bank Limited (OBL), a private commercial bank in Bangladesh, has selected the Sybase 365 Mobile Commerce platform to deliver end-to-end mobile...

Western Union mobile bill payment app

Western Union announced the availability of two mobile apps for use with the Western Union Speedpay service. Western Union Payments created the apps to assist billers in introducing mobile payment solutions to their customers. The...

Axis Bank deal with WhatsApp for P2P mobile payments

According to recent press reports, Axis Bank of India is set to introduce a P2P mobile payments system which will let the customers send money to anyone through WhatsAPP, Twitter, Facebook and contacts list of...
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...

Mobile Money: Charging the mobile

It is budget season in east Africa and the spending is easy. A shopping list of roads, pipelines, ports and public-sector pay rises prompted Uganda and Tanzania to hike their planned expenditure for 2013/14...

NBAD and MoneyGram launch international money transfer

The National Bank of Abu Dhabi (NBAD, has joined hands with MoneyGram International to offer international remittances via mobiles to more than 200,000 locations across 190 countries and territories around the globe. The partnership also...

MTN launches mobile money in Nigeria

Leading local operator MTN has launched a new service in Nigeria that enables subscribers to send and receive money, pay their bills and buy airtime using their mobile handsets. The service, which is called Mobile...

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...

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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