Tuesday, June 18, 2019
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CBK proposals to end M-Pesa dominance

Safaricom's M-Pesa platform may soon be open for use by other mobile payment services providers if new regulations published by the Central Bank of Kenya are placed into effect. The new regulation could end...
Visa mobile money service to compete with M-Pesa

Visa mobile money service to compete with M-Pesa

Visa will introduced a mobile money service to enable cashless transactions in Kenya, where the majority of wireless payments are transacted through Safaricoms M-Pesa. The mVisa app will initially facilitate transactions for people with accounts...

Safaricom sues Airtel over M-pesa

Safaricom has taken rival telecommunications company Airtel to court on claims that it is infringing on its M-Pesa trademark by including its symbols on its advertising billboards. Safaricom has filed pictures in court that it claims...
video

Homesend platform extends remittance reach

Mobile Payments World interviews Stephen Doyle, CEO of Homesend to discuss what going on in the remittance market.

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...
TransferWise

TransferWise to offer cost effective cross-border bank accounts

  TransferWise has extended its offering by launching a new service that takes it into the realms of looking more like a bank. For the first time, TransferWise will hold money on deposit for its customers and provide them with...
Mobile money

Financial inclusion – Addressing the unbanked in developing countries

Around two billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion is a key enabler...

Airtel Africa move $2bn in mobile money transactions in Q1

Bharti Airtel used Q1 numbers to highlight how its African subscribers have taken to mobile money with enthusiasm. “Telecoms are back to growth in Africa, this time spearheaded by internet and mobile money. Airtel has...

The rise of mobile wallet-to-wallet cross-border remittance services

New MNO wallet-to-wallet international remittance services have launched over the past few months. Until recently in the mobile money industry we have seen a number of MNOs partnering with traditional MTOs (money transfer operators)...

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...

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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