Friday, March 12, 2010

Mobile Money Africa

Africa's leading online resource for Mobile Financial Inclusion

Eartholeum will chart Nigeria’s Mobile Financial Landscape – Interview with Management

Bola Adeyinka
Chief Executive Officer.

Peter Afam Emeleogu
Chief Visionary Officer

MMA: Share with Africans the strong compelling reason for eartholeum’s foray into technology and mobile payment systems?

The banking infrastructure in Africa is low compared to the developed countries of the world, in terms of bank branches, point of sales terminals and ATM points. However, there is a high [...]

MobileMoney: Shape of things to come in Nigeria

Emmanuel Okoegwale
The Nigerian Financial Regulator, Central Bank of Nigeria had since last year released the regulatory framework to guide the operations of potential mobile money operators in Nigeria. The policy guidelines though with some flaws but like all regulatory positions, prevailing situations always shape and influence review on a consistent Basis or on a need [...]

BSP Media will stimulate Mobile Commerce in West Africa – Benjamin Pius

Benjamin Pius
Share with Africans the vision of BSPMEDIA?

Our vision is to provide unparalleled access to critical business information that business executives across Africa need to achieve competitive advantage in their business.
How are your events impacting on the sector in Africa?
We believe that we are in the business of helping business and organisation grow in [...]

Mobile Money Fundamentals Training – Nigeria

Mobile Money Fundamentals – MMF 101

Venue: Victoria Crown Plaza Hotel,Ajose Adeogun Street, Victoria Island. – www.vcp-hotel.com
Date: March 10th, 2010
Nigeria,in coming months will join the likes of Kenya where Mobile Money is changing the way people access financial services.More than 8Million people are actively served by the MPESA MMT System in Kenya alone and 15 percent [...]

XIPWIRE,will keep money where it belongs – Sibyl Lindsay

Interview with Sibyl Lindsay
XIPWIRE
VP of Sales and Marketing
www.xipwire.com

MMA: Share XIPWIRE’s background?
XIPWIRE was founded by Sharif Alexandre in Philadelphia, Pennsylvania, USA. Sharif has been in the IT world for 15 years working for companies such as MTV, Sprint and Lockheed Martin. Watching the rest of the world embrace mobile payments Sharif decided that he wanted [...]

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Mobile Money Fundamentals – MMF 101

Venue: Victoria Crown Plaza Hotel,Ajose Adeogun Street, Victoria Island. – www.vcp-hotel.com
Date: March 10th, 2010
Nigeria,in coming months will join the likes of Kenya where Mobile Money is changing the way people access financial services.More than 8Million people are actively served by the MPESA MMT System in Kenya alone and 15 percent [...]

ZACHARY OCHIENG
Banking in Kenya is fast moving away from brick and mortar as more customers embrace
m-money services. Notably, M-Pesa, Kenya’s pioneer mobile money transfer service
operated by listed mobile operator Safaricom, has so far registered 9 million customers.
The service—launched in March 2007—has revolutionized money transfer services in the
country by providing Safaricom subscribers with a fast, safe [...]

Technology savvy fraudsters have stolen an estimated Sh21 million from Kenya’s revolutionary mobile phone-based money transfer system, M-pesa.
Michael Joseph, the chief executive of Safaricom — the telecoms operator that owns M-pesa — said the operation has reported suspected or actual fraud in 0.006 per cent total transactions since its inception three years ago.
“Suspected or actual [...]

Patrick Gordon

A bit of 2010 good news for Mobicash in its seemingly endless innovation, is the proudly announcement of our mobile secure online payment which propose a more elegant way to look at electronic security that renders the value of card account information useless to attackers and brings assurance to consumers.
85% of Internet users are [...]

Mobile Union Ltd announces the launch of its new online remittance service (http://www.mtxpress.com), mtxpress, which uses a secure SMS platform to provide a low-cost and convenient solution for people in the UK to send money to friends and family abroad.
According to the most recent DFID UK Remittance Market Report, the UK is one the top [...]

Sahra Abdi

NAIROBI – About a year ago, Muqtar Ali’s brother was shot dead by gunmen in the busy Bakara market of Somalia’s capital Mogadishu, and his $200 in cash was stolen.
Ali says that if a new mobile money transfer service unveiled by Somalia’s biggest mobile telecoms firm last month had been in place then, his [...]

Vodafone,last month signed an agreement with Afric Xpress (AX) to introduce txtnpay services which would allow Vodafone customers to purchase airtime anytime, anywhere via sms message to short code 1075.
The mobile phone-based secured and convenient payment system, created by New York-based Afric Xpress, would also enable registered users to send money to anyone with a [...]

WASHINGTON GIKUNJU

Global payments technology company Visa International is courting mobile phone network operators with a view to tying up partnerships that could give the company a foothold in the emerging mobile phone banking services, the group’s general manager for Sub Saharan Africa has said.
Charles Niehaus says the company, which develops plastic card technology for use [...]

Scola Kamau

Equity Bank has announced its intention to join mobile banking.
This was revealed last week by Equity Bank Uganda’s Executive Director Apollo N. Njoroge during the official opening of the bank’s branch at Oasis Mall in Kampala.
The service, dubbed Eazzy 24/7, targets Equity Bank customers with mobile phones.
“It will enable customers to conduct all transactions [...]

MICHAEL OUMA
Mobile phone-based money transfer and banking solutions have been recognised as the avenue to take banking services to people outside the formal financial industry.
The services have helped reduce the cost of access to financial services for 2.3 billion people in the world who live on less than $2 per day and cannot [...]

MICHAEL OUMA
The success of mobile phone-based money transfer services in the region is inspiring the development of online payment services by IT companies.
Taking advantage of the proliferation of money transfer services in the Kenya — Safaricom’s M-Pesa, Zain’s Zap and Yu’s yuCash — Intrepid Data Systems has launched a real-time online payment service called [...]