Tag Archives: mobile money transfer
mobile money transfer: Latest News
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.
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.
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.”
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,
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.
- Real Estate