Category Archives: North Africa

Wafacash and BICS launch new remittance corridor between Belgium and Morocco

September 28, 2011   Emmanuel Okoegwale   1 Comment
7806394-human-hand-holding-and-giving-cash-money-on-mobile-phone

Moroccan leader in international money transfers, and BICS, part of the Belgacom Group and a prominent international provider of Voice, Messaging, Roaming, Connectivity and Mobile Financial Services, announced today that they have launched a new remittance corridor between Belgium and Morocco. Through this deal, people living in Belgium will be able to use their mobile

Read More

Egypt’s Credit Agricole expands mobile banking

July 24, 2011   Editor   No comments
Egypt flag

            Credit Agricole Egypt announced that it would be expanding its mobile baking services, the Middle Eastern News service Bawaba reported last week. Credit Agricole Egypt (CAE) announced that they would increase their mobile banking services to include SMS alerts. Bawaba reported that customers would be able to receive short

Read More

Going for mobile money, Egypt operators face uphill battle

July 03, 2011   Editor   No comments
Egypt flag

Desmond  Shephard As the line at a local Vodafone shop gets bombarded by hands flying in front of faces, shouts at the lone man handling SIM cards and other mobile devices, it appears there is a major demand for telecom operations in Egypt. Earlier this year, the telecom industry was hit hard after the government

Read More

Egypt’s mobile operators turn to money services amid voice revenue decline

June 27, 2011   Editor   No comments
Egypt flag

    Shereen El Gazzar   Analysts estimate just 10% of population own and use credit cards. In a move aimed at helping offset declining traditional voice revenues, mobile phone operators in Egypt are targeting money transfer services as a potential profit generator.  Of the Arab country’s some 80 million inhabitants, analysts estimate that only

Read More

Going mobile: Egypt gears up for cellphone banking

June 22, 2011   Editor   No comments
Egypt flag

Michael Gunn Ahramonline Cautious approval from the Central Bank clears the way for Egyptians to transfer up to LE3,000 per day by handset to friends and family. So how will it work and who will benefit? Hani swears his wages were under the satellite box. They were just 400 Egyptian pounds (US$67) — payment for

Read More

Vodafone Egypt Receives Approval for Mobile-Phone Money Transfer

June 15, 2011   Editor   No comments
Egypt flag

Vodafone Egypt Telecommunications Co. received government approval to provide mobile-phone money transfer once security in the country improves, Chief Executive Officer Hatem Dowidar said. “We are ready to press the button when we get clearance on the security situation” from the National Telecom Regulatory Authority, Dowidar told Bloomberg on the sidelines of a media conference

Read More

Orange Tunisia to launch Mobile Money

April 28, 2011   Editor   No comments
ORANGE

France Telecom’s Tunisian branch, Orange Tunisia, will launch Mobile Money by the end of the year. It comes as banks and the government hope to implement the new mobile technology to make doing business in the country easier. The announcement came at a microfinance conference in Tunis by Orange’s Director of International Relations for Contactless

Read More

MobileMoney to go global after Libya pilot

February 28, 2011   Editor   No comments
mfsdatanet

Libya is being used as a trial country for mobile commerce and financial services as part of a new partnership of Nokia Siemens Networks and MoreMagic Solutions. Although the project is currently stalled due to the unrest in Libya, the hope is that it will enable the delivery of a wide range of services from

Read More

BNP wins Egypt mobile money transfer licence

March 26, 2010   Editor   No comments

Egypt’s central bank has granted BNP Paribas preliminary approval for a mobile money transfer licence via local operator Mobinil, a first step to wider use of banking services in a country underserved by banks. The licence will, for the first time in Egypt, allow a registered user to transfer money to another user via mobile

Read More

Creova announces Mdinar© the first Mobile Payment Service in North Africa

February 23, 2010   Emmanuel Okoegwale   No comments

New mobile payment service powered by Creova to be offered by BIAT bank and Tunisiana Creova, a leader in developing mobile payment software solutions, has announced the launch of the first Mobile Payment service in North Africa. Called Mdinar©, the new service is an m-wallet solution powered by Creova’s mobile payment technology that is being

Read More
« Older posts

Newsletter Subscription

E-mail:

  • Share