Tag Archives: mobile money transfer

mobile money transfer: Latest News

  • Safaricom Upgrades M-Pesa Platform To Enable Mobile E-Commerce Payments

    Mobile e-commerce payments - The M-Pesa platform has been upgraded in order to facilitate enhanced features. Photo: M-Pesa By Peter Pedroncelli, 4:26 am

    East African mobile giant Safaricom’s M-Pesa has been upgraded so that enhanced features can be added to the mobile money transfer platform. The popular Kenyan money transfer system was upgraded last week, with a service interruption of 13 hours explained as necessary to enable new features which will be added to M-Pesa in the coming months for the benefit of their 26 million customers.

  • Africa’s Fintech Platforms Nomanini Integrate With M-pesa In Mozambique

    By Kevin Mwanza, 8:14 am

    South Africa’s Nomanini, an enterprise payments platform provider, has partnered with Vodafone’s mobile money provider M-Pesa to give small business owners in Mozambique an option of topping up their accounts through local mobile money agents. Nomanini, one of Africa’s top fintech solution companies, is a payments platform provider that enables transactions in the cash-based informal retail sector. It uses a wireless box linked to a cloud software service that enables transactions.

  • Popular With Migrants: Spotlight On South Africa’s Hello Group

    Hello Group By Dana Sanchez, 12:55 pm

    There are an estimated 3.5M migrant workers in South Africa. Hello Group offers cheap international phone rates via mobile. It handles all its own sales, marketing and distribution in multiple local languages via 45,000 registered street vendors and 13,000 spaza shops. International money transfer will be a game changer for the company, its founder said. “There’s been a big revolution at the high end of the pyramid…Our goal is to bring fintech to the base of the pyramid.”

  • Africa Makes Leap in Cross-Border Mobile Payments

    By Staff, 3:28 am

    Africa’s biggest telecommunications companies are striking deals allowing their customers to make payments across networks and borders, the latest stride in the continent’s ascent as a leader in mobile financial technology. Starting this month, London-based Vodafone Group PLC and South Africa’s MTN GroupLtd. plan to allow customers in East and Central Africa to send each other money,

  • Heavy Taxes Could Kill Africa’s Budding Mobile Money Services

    Mobile Money Revolution By Kevin Mwanza, 2:56 am

    Stakeholders, including mobile operators, have echoed the sentiment that the market is gaining traction and offers significant opportunity. However, recent media reports have highlighted one controversial aspect of the mobile money transfer market that continues to generate news headlines: taxation on mobile money services offered by network operators.

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