Saturday, July 31, 2021
Advertisement

Zain expands ‘Zap’ to Malawi, Niger and Sierra Leone

Zain has expanded 'Zap' (MPW 127, 133, 137), its award-winning mobile commerce service to the African nations of Niger, Sierra Leone and in the boundaries of a full commercial pilot in Malawi. The move follows...

Ethiopia finalises mobile money directive

After months of wrangling, the Ethiopian government has at last approved mobile money in the country and opened the door for banks and micro-finance institutions to provide transaction-based banking online. The directive aims to push Ethiopia’s economy...

SBI secures $10 million grant for Bangladeshi mobile money venture

International consulting firm ShoreBank has secured a $10 million investment from the Bill and Melinda Gates Foundation to support a new mobile money platform for the unbanked population of Bangladesh. ShoreBank is partnering with bKash...

IDT rolls out RegaloCard’s MMT to 150,000 retailers

RegaloCard has entered into a distribution partnership with IDT, the largest national distributor of prepaid products in the US to the immigrant market. IDT will distribute RegaloCard's products through IDT's 155,000 retail POSs nationwide....

First bank deposit network for receipt of payments across 23 African nations

Transfast, a little known provider of online, cross-border p2p payments solutions, has announced the launch of its proprietary bank deposit network into 23 African nations – the most extensive of its kind on the...

Cardless cash money transfer at ATM now available

Moldindconbank, one of Moldova's largest and most innovative banks, has launched a cardless, cash money transfer service. The service, developed by OpenWay, makes it possible to receive a cash money transfer at ATMs without the...

Half a billion people to use MMT

According to new analysis from Juniper Research, consumer demand for mobile money transfer services will see users exceed 500 million globally by 2014, principally in developing countries. 'Mobile Money Transfer & Remittances: Markets, Forecasts &...
Alipay

Ant Financial forced to abandon MoneyGram purchase due to US regulatory pressure

Ant Financial, the digital payments arm of Alibaba, has been forced to abandon a merger with MoneyGram, having failed to satisfy the US government that the deal posed no risk to America’s national security. Ant...

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...

NetOne deploys mobile money in Zimbabwe

Gemalto and NetOne, a network operator in Zimbabwe, are deploying Gemalto's LinqUs solution for Mobile Money Transfer, which comprises of the server, user application, as well as system integration services. The offer, being marketed as...

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...
- Advertisement -