MoneyGram International has partnered with PostBank to tap into Kenya’s diaspora money transfer market estimated at Sh45.8 billion annually. Launching the partnership at Mama Ngina Drive in Mombasa on Friday, chief executive officer John Hempsey said global remittances of people living or working outside their countries had grown tremendously. “Although PostBank will be our 11th
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Uganda : Telecom Money Transfer Tilts Market
David Mugabe Kampala — Six months since the introduction of mobile money transfer, MTN and Zain have registered about 250,000 clients onto the mobile money transfer service moving over sh40b in transactions. The two telecom companies’ officials confirm that only the transactional limitation of sh1m seems to be standing in the way of the service
MobileMoneyAfrica Free E-Magazine now available
West Ehkator. As the race for mobile financial Inclusion in Africa becomes more interesting with leading players across financial institutions and Mobile operators,seeking for a piece of the action all over Africa,there is need for a credible platform to promote the good news coming out of Africa. Mobile Money Africa is the leading and only
Nokia Set for Mobile Money Services in East Africa
Walter Wafula Mobile phone company Nokia is expected to roll out its money transfer services in the East African region next year according to the firm’s regional spokesperson. The global mobile phone giant recently unveiled Nokia Money which is similar to MTN Uganda’s Mobile Money and Zain’s Zap. The service is meant to extend affordable,
Zain offers free money transfer to Philippines
Manama Zain Bahrain, a leading telecom service provider, has launched a free money transfer service for the Filipino community in order to create comfort for the victims of the recent typhoons in the Philippines. Zain’s one-of-a-kind money transfer service, ME2U, between Bahrain and the Philippines will be free of charge till October 11, so that
Mobile Money Webinar (Lagos – Nigeria)
Nigeria is at the threshold of joining the likes of Kenya and others Nations across the globe where Mobile Finance is shaping how millions conduct Business and Banking via the mobile phone. More than ever before, a single technology is improving lives and changing the way people interact with financial products and services for the
Glo links Ghana with fibre optic
A fibre optic cable that will deliver high speed, reliable and cheaper Internet and telecommunication services in Ghana reached the Osu Beach in Accra Tuesday. The 9,800 kilometre cable, which will link Ghana to the rest of Africa, Europe and America, has been laid under the sea from Lagos to Accra. Globacom contracted Alcatel-Lucent of
Kenya land rates to be paid by phone
The Land ministry will start receiving revenue and other cash remittances through mobile phone money transfer systems, the permanent secretary Dorothy Angote announced on Wednesday. She said plans are underway to receive payment of rates and bills through mobile phone services such as M-Pesa. Citizens will also be able to make inquiries about payments of
GTB offers mobile money transfer
Awoko Guaranty Trust Bank, Splash’s banking partner now offers the first domestic mobile payments in Sierra Leone. Splash Mobile Money Limited also allows mobile phone users to purchase and send electronic money known as SplashCash to loved ones and relatives. The product also allows customers to conduct quick, easy, cheap and secure money transfers. According
PathFinder to explore mobile wallet project
The GSM Association is planning to offer its new PathFinder number discovery service to operators running mobile wallets and money transfer in order to ensure funds reach the right destination The GSM Association is planning to offer its new PathFinder number discovery service to operators running mobile wallets and money transfer in order to ensure
