Tuesday, January 28, 2020
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Airtel Money rolls out School Pocket Money Service

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...

HomeSend – new remittance corridor to Nepal

eServGlobal has announced a new connection for the HomeSend remittance service between its strategic business partner BICS and eSewa, the local online payment portal offered by F1 Soft in Nepal. F1 Soft's eSewa service is...

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...

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...

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...

MasterCard, eServGlobal and BICS create HomeSend remittance JV

MasterCard, eServGlobal and BICS have announced the formation of HomeSend remittance, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets...

Lebara launches Mobile Money Transfer in UK first

MoneyGram announced an agreement with Lebara Mobile, one of Europe's leading MVNO’s, to offer MoneyGram transfer services over the Lebara Money mobile and web solutions. MoneyGram's money transfer platform is now integrated within the Lebara...

Western Union creates online and mobile unit

Money transfer firm Western Union is creating a new business unit to house its online, pre-paid and mobile services. Western Union Ventures will be led by chief marketing officer Diane Scott, focussing on the development...

Equity launches thin SIM mobile money service

Equity Bank has launched its telecommunications services under Equitel, the brand name for its fully-owned subsidiary Finserve Africa. The largest lender by customer base has been issuing ordinary SIM cards at its banking halls since October last year after...

GSMA awards more Mobile Money for the Unbanked grants

The GSMA announced it would award grants to seven more organisations through the Mobile Money for the Unbanked (MMU) Fund, administered by the GSMA Foundation. It receives funding from the Bill and Melinda Gates...

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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