West Africa

Ghana:Two arrested for intercepting mobile money transfer

JULY 212014 GHANAWEB A brother and his sister are in police custody for intercepting a secret code for mobile money transfer and withdrawing the money The suspects Isaac Arkoh a computer technician and Olivia Mensah a student are said to have claimed the money which had been transferred by an administrator of the Akim Oda College The Odorkor District Police Commander Superintendent of Police Mr Abraham Acquaye said on July 7 2014 a woman filed a complaint that she had sent GH1000 through mobile money transfer but the money had been claimed by someone else She told the police that she had sent the secret code to the recipient throu...[...read more]

Filed Under West Africa

Africa: Trends in Mobile Commerce (m-Commerce) in Africa

JULY 152014 PRESS RELEASE Traditional commerce is regarded as the buying and selling of commodities on a large scale between different places or communities This type of commerce has been with us for a very long time However advances in the banking system and the development of a new knowledge society based on information technology has led to the emergence of a new type of commerce known today as electronic or ecommerce defamed by the US Census Bureau as any business transaction whose price or essential terms were negotiated over an online system such as an Internet Extranet Electronic Data Interchange network or Electronic Mail Sys...[...read more]

Filed Under West Africa

Ghana: Five Million Subscribers Patronise MTN Mobile Money P

JUNE 192014 THE CHRONICLE Telecommunications giant MTN Ghana has announced that more than five million subscribers are transacting businesses through the MTN Mobile Money in a month Out of that figure over two million are registered on the platform officials of the telecom service provider told the Business Chronicle These figures the newspaper learnt are higher than the monthly transactions of some of the commercial banks operating in the country Some industry watchers say that the growth of mobile money services threatens microfinance firms and the banks as well However the Senior Commercial Manager of Sales and Distribution at MT...[...read more]

Filed Under West Africa

Orange, BNP Paribas open retail mobile banking services in A

JUNE 172014 PRESS RELEASE Orange and the BNP Paribas group offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones This new service is available starting today in Cte dIvoire and will be extended to other countries in which BNP Paribas and Orange Money1 are present particularly Senegal The service allows customers of the BNP Paribas group BICICI in Cte dIvoire to carry out realtime banking operations without going to their banks simply by using their Orange Money account Customers can transfer money to their Orange Money account directly from...[...read more]

Filed Under West Africa

ETranzact, Vodafone collaborate on e-payment solution

JUNE 162014 GHANAWEB Telecom operator Vodafone Ghana and eTranzact Ghana have partnered to provide a convenient way for customers to make their voice and data bill payments electronically through eTransacts platform The launch of the online bill payment system will allow Vodafone customers to pay for their various postpaid and broadband subscriptions at various bank branches across the country and also through the Internet and mobile devices in realtime The Chief Operating Officer of eTranzact George Babafemi said the need to satisfy customers and assure them of security in their transactions paved the way for launch of the Voda...[...read more]

Filed Under West Africa

Airtel Bags 3 Honours At 4th Ghana Telecom Awards

JUNE 062014 SPYGHANA Airtel Ghanas untiring effort at providing the best innovative mobile services as well as making a difference in the lives of her customers and communities was recognized at the 4th Ghana Telecoms Awards held on Saturday May 31 and organized by Mobile World Magazine The awards Best Corporate Social Responsibility CSR Company and Best Mobile Money Service of the year 2013 come at the heels of other awards conferred on Airtel Ghana in recent times by Industry watchers and stakeholders It will be recalled that last year 2013 Airtel Ghana was adjudged the Telecoms Company of the Year by the prestigious Chartered Instit...[...read more]

Filed Under West Africa

Tigo partners IFC, MasterCard Foundation to expand mobile fi

JUNE 032014 GHANAWEB Tigo Ghana one of Ghanas largest cellular operators has entered into a 2 million advisory service agreement with the IFC a member of the World Bank Group and The MasterCard Foundation to develop and expand mobile financial services in support of wider financial inclusion in Ghana The project is part of the Partnership for Financial Inclusion a joint 374 million initiative of IFC and The MasterCard Foundation to expand microfinance and advance mobile financial services in SubSaharan Africa Roshi Motman CEO of Tigo Ghana who launched its mobile money operation Tigo Cash in 2011 said Together with IFC and The...[...read more]

Filed Under West Africa

Mobile Money Use on the Rise in West Africa

MAY 212014 Olusegun Abolaji Ogundeji Computerworld West Africa Despite the slow take off of mobile money services in West Africa relative to other regions on the continent operators in the area are beginning to report signs of success Despite the slow take off of mobile money services in West Africa relative to other regions on the continent operators in the area are beginning to report signs of success Last month Orange confirmed the 10 millionth customer for its mobile money service which started in 2008 and is now available in 13 countries five of which are in West Africa The announcement came barely a week after Airtel an...[...read more]

Filed Under West Africa

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