Mobile Remittance

Mobile money transactions in Kenya reached $5 billion in the first quarter of 2013, according to official data from Central Bank of Kenya (CBK), telecompaper has reported. The Q1 figures mark a year-on-year increase of $0.76 billion,...

Airtel Money has added a new product. The “School Pocket Money Service” is aimed at eliminating the stress associated with parents and guardians who struggle to send pocket money to their wards in senior...

MoneyGram is enabling PayPal's 55 million active US account holders to withdraw money from their accounts either online or through mobile and collect the same at any MoneyGram location in the country. Starting from 01...

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...

Kenyans defied a rise in mobile charges to make transactions worth Ksh139 billion ($1.64 billion) last month, new data from Central Bank of Kenya (CBK) indicate. This was a continuation of growth in use of...

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,...

mHITs (pronounced Em-HITS), a developer and operator of mobile payment services, has announced that its Australian SMS mobile wallet service has connected to the BICS international remittance hub, HomeSend. In Australia, mHITs operates the mHITs...

Pygg, an Australian service that enables users to transfer money to each other through Twitter, has launched. Australian bank account holders can create Pygg (pronounced pig) accounts that are topped up using credit cards or...

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...

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...