• CBN licenses 11 international money transfer operators

  • Net1 to invest $40 mn in MobiKwik

  • Ecocash Transacts $16 Billion in 4 Years

CBN licenses 11 international money transfer operators

August 31 , 2016

The Central bank of Nigeria CBN on Tuesday licensed 11 new international money transfer operators IMTOs to do business in the countrys foreign exchange market The spokesperson

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Net1 to invest $40 mn in MobiKwik

August 30 , 2016

South Africabased payment services provider Net1 UEPS Technologies said that it will invest 40 million Rs 268 crore in mobile payments startup MobiKwik As part of an agreement

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Ecocash Transacts $16 Billion in 4 Years

August 30 , 2016

ECONET Wireless Zimbabwes mobile financial service platform Ecocash has transacted over 16 billion in the last four years According to the groups latest annual report the mobile

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GHANA:Capital Bank, Allied Oil unveil mobile payment system

August 30 , 2016

The Capital Bank has entered into a partnership with Allied Oil Ghana Limited an oil marketing company to introduce a new product onto the Ghanaian market Dubbed

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RWANDA:Demand from hotels, supermarkets drive up POS numbers, usage

August 30 , 2016

Mobile technology continues to play a major role in enabling and enhancing access to financial services which is deepening further use of electronic payments

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TerraPay Acquires Pay2Global

August 30 , 2016

TerraPaya mobilefirst international network announced it has completed the acquisition of UKbased Pay2Global Limited following regulatory approvals In an outright

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GHANA:Mobile money no threat to banks

August 29 , 2016

The advent of money transfer by means of cellular phones poses no danger to the survival of traditional banks founder of UT Holdings Kofi Amoabeng has stated Contrary

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Zimbabwe:Cash shortages drive mobile money usage

August 29 , 2016

The use of plastic money is one of governments solutions to address the current cash shortages in the country The cash shortages have seen most people resorting

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Etisalat launches mobile wallet service in UAE

August 29 , 2016

Service allows customers to make purchases pay their bills and transportation fees as well as topup credit Dubai Telecom operator etisalat has announced the

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