JOSEPH BONYO and JEVANS NYABIAGE “Some of the technologies currently in use by banks have a life span of about three to four years. This calls for constant updating of the software,” says Mr Muchemi Wambugu, a director at audit firm Deloitte. Heavy wage bill As this happens, banks have been shouldering heavy wage bills.
Invitation to Mobile Payment Agent Interactive Forum – Nigeria
Thank you for attending mobile payment agent training in Year 2010 and 2011.Mobile payment services is commencing soon all across the states in Nigeria and remember, quality agents are needed for sustainability.To ensure this,MobileMoneyAfrica will be hosting a free AGENTS INTERACTIVE FORUM across Nigeria commencing on April 5TH in Lagos. This will complement on- going
Safaricom Appoints TransferTo to Offer International Airtime Transfer Service
TransferTo, the leading provider of international airtime remittance services today announced the launch of Safaricom’s International Airtime Transfer service. With this service, TransferTo enable Kenyans living abroad to send small value transfers to their loved ones in Kenya in the form of prepaid top-ups. Low in cost, high in value, international prepaid mobile top-ups are
M-Pesa clients to access Visa ATMs
WINFRED KAGWE DAILY NATION Registered customers of mobile phone money transfer service, M-Pesa, can now withdraw cash in any currency from Visa branded automated teller machines (ATMs) anywhere in the world. They can also make purchases in accepted merchant outlets or shop online. This follows a partnership deal between Safaricom and I&M Bank under which
Apliman Technologies & Creova team up to deliver Mobile Money to Africell
Apliman Technologies & Creova team up to deliver Mobile Money to Africell Mobile Money offers a speedy remittance channel for people to send and receive money efficiently, encouraging circulation of money nationwide and generating high revenues. Striving to ensure customer satisfaction, Apliman Technologies and Creova present a secure and practical mobile money transfer solution, allowing
Roamware Wins Most Friendly Mobile Money Service Provider Award
![Award (2)[1]](http://mobilemoneyafrica.com/wp-content/uploads/2011/02/Award-21-300x225.jpg "Award (2)[1]")
Roamware Inc., a leading provider of roaming and mobile financial services (MFS) solutions, announced today that it has won an award from Mobile Money Africa for Social Media Most Friendly Mobile Money Service Provider in the mobile money industry in Africa. The awards ceremony was held as part of the Mobile Remittances, West Africa Conference
Electronic shopping a first for Zimbabwe
Getting a genuine mobile phone, let alone a television or any electrical gadget in Zimbabwe is becoming, proverbially speaking, finding a needle in a haystack. The same can be said about clothes and most recently reports filtered through that the chickens we are buying from neighbouring South Africa are recycled. With the hope of buying
COMESA pushes banks to swifter technology upgrades
Innovation for a new era of financial inclusion and regional integration Regional integration of the banking system in East Africa and COMESA is setting a technology bar that the majority of the region’s banks are struggling to meet. COMESA has committed to upgrading the region’s banking capabilities as an essential platform for cross-border trade and
Yu partners with Uchumi Supermarkets to Provide YuCash Services in Kenya
Yu, the mobile phone brand of Essar Telecom Kenya Limited has partnered with Uchumi Supermarkets to provide convenience and easy accessibility of the yuCash money transfer service to its consumers. This means that consumers can now pay for their goods and make other transactions using yuCash from any Uchumi outlet, country-wide. The partnership allows Uchumi
CBK launches E-money transfer regulations
Philllis Chemtai/kna The Central Bank of Kenya has launched draft regulations to guide on, Electronic retail transfers by banks and non banking institutions while ensuring that risk management is adhered to and at the same time protecting customers. Central Bank governor Professor Njuguna Ndung’u said Thursday, this will ensure service providers conduct their businesses prudently as
