Category Archives: News

Zantel Tanzania Rebrands Mobile Cash Service Z-Pesa as EzyPesa

Tanzania

Zantel Tanzania Rebrands Mobile Cash Service Z-Pesa as Ezy Pesa, Adds Salary Access Option, Microinsurance, Linkage to CRDB Bank Accounts. Zantel Tanzania, a telecommunications company owned by Etisalat of the United Arab Emirates, has launched the “Ezy Pesa” mobile payment service, a re-branded version of its Z-Pesa service. The upgrades from Z-Pesa include the ability

Bitcoin will revolutionize how Africans transact – Rudiger Koch

Africa

Rudiger Koch, IT Consultant,Intersango Ltd, London. He will be speaking on Bitcoin at the MobileMoney WestAfrica summit on March 5th & 6th in Lagos. What is Bitcoin? Bitcoin is a decentralized electronic cash system using peer-to-peer networking, digital signatures and cryptographic proof to enable irreversible payments between parties without relying on trust. It is also

The future of life insurance in Africa is Mobile – Eugene Adogla, Director at Microensure

7806394-human-hand-holding-and-giving-cash-money-on-mobile-phone

Eugene Adogla is the Director of Operations – MicroEnsure Ghana. He will be speaking at the MobileMoney West Africa summit on March 5th & 6th in Lagos. Why is mobile microinsurance booming in Africa ahead of other developed economies like Europe? The philosophy of leapfrogging. Operators in Africa who need to leverage communications networks tap

Ericsson announces new m-commerce portfolio ahead of Mobile World Congress 2012

Ericsson

· Launch of new services within extended Ericsson M-commerce portfolio brings next generation m-commerce closer · Ericsson M-commerce portfolio designed to speed time to revenue, increase stickiness, cost efficiency and performance for Mobile Network Operators and financial institutions · Ericsson first technology enabler to integrate a charging system and money services solution · Foundation to

Fraudsters invade the growing mobile phone money transfer sector

Rwanda Flag

BY XINHUA Newtimes Rwanda Kenya is grappling with an increase in mobile phone related crimes as the number of subscribers and users of money transfer services rise in the country. Con men have invaded the sector targeting mobile phone subscribers and money transfer service users, who according to the Communication Commission of Kenya (CCK) stand

Closing arguments in mobile money patent infringement case

Flag of South Africa

Barry Bateman The North Gauteng High Court in Pretoria on Monday heard closing arguments in a patent infringement case. Tech-development company 3M Future Africa accused Standard Bank and MTN of stealing their idea and passing it off as their own. In court, arguments centred on the functionality of the system and whether it infringed on

Mobile banking: Why we did not licence MTN, others – CBN

Nigeria Flag

Babatunde Oso Moment Newspaper NOTWITHSTANDING the fact that telecom companies have notched about 100 million subscribers, financial sector regulator, the Central Bank of Nigeria (CBN), has refused to license them to operate mobile money services in the country. NOTWITHSTANDING the fact that telecom companies have notched about 100 million subscribers, financial sector regulator, the Central

Ghana: Airtel Money Keeps Extending

AIRTEL

Airtel Ghana has extended its M-Commerce service aka Airtel Money, to the Melcom Plus supermarket at North Kaneshie in Accra. This means that shoppers can pay for their shopping at Melcom Plus using their mobile phones without physical cash. Melcom Plus joins other retail outlets where Airtel Money can be used to pay for various

Visa to start mobile money transfer

VISA

MUTHOKI MUMO The Nation, Kenya Competition in the mobile money transfer market is set to intensify, with the launch of a cross-border mobile money platform by electronic payments processor Visa. The platform will be available to all mobile users irrespective of their network, breaking the current barrier where restriction based on network has slowed uptake.

AIRTEL AND FIRSTBANK SIGN MOU ON MOBILE MONEY SERVICE

AIRTEL

The landscape of e-banking services in Nigeria is set to witness a major shift as two leading companies in banking and telecom sectors of the economy, FirstBank of Nigeria Plc (FirstBank) and Airtel Networks Limited have agreed to combine their strengths to provide seamless mobile money services to millions of Nigerians. Speaking at the signing