Africas leading resource for digital financial services
Newsflash
- Rwanda: MTN Rwanda to Pay Out Interest to Mobile Money Subscribers
- Bank of Uganda insists on regulating mobile Money
- Morocco: Inwi announces its Mobile Money service for September
- WorldRemit enables remittance receivers to manage their money on their phones
- NIGERIA:Instant bank transfers rise to N41.48tn in five months
- GHANA: Mobile Money Interoperability records more than 4.4 million transactions
- UEFA signs new digital partnership with Alipay
- KENYA: Mobile money transfers hit Sh1.06 trillion in first quarter- CBK data
- Ghana tipped to be the fastest growing mobile money market in Africa
- World Bank : Ghana is the fastest growing mobile money market in Africa
Latest Stories
Ife OgunfuwaThe value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in five months of this...
Leading digital money transfer company WorldRemit (www.WorldRemit.com) has launched WorldRemit for Business, a new service that en...
TONY CHUKWUNYEMChances of the Central Bank of Nigeria (CBN) meeting its target of having 500,000 mobile money agents to serve about 105 million a...
In a move that underscores its mission to deliver the right offer to the right customer at the right time, fonYou has announced a new office in N...
Chijioke NelsonThe first quarter (Q1) transactions record of the electronic payment (e-payment) channels across the country, showed a shortfall o...
Ife OgunfuwaMTN Nigeria has registered a new subsidiary with the Corporate Affairs Commission, Yello Digital Financial Service Limited.The subsid...
New app features allow money transfer recipients to request and receive money from abroad, store multiple currencies, and pay out their funds at...
Mobile Money Interoperability (MMI) recorded more than 4.4 million transactions in its first year of operation.Beginning with just 96,907 transac...
A World Bank report released over the weekend has tipped Ghana to be the fastest growing mobile money market in Africa.According to the report, t...
According to the report, mobile phone penetration created opportunities for the expansion of financial services and increased the role of non-fin...
Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-whee...
WorldRemit launches new product for business payments to GhanaThrough the WorldRemit website and app small and medium-sized enterprises (SMEs) ca...
MTN Rwanda has announced that it has started paying out interest to its 2.7 million Mobile Money customers for the first quarter (January to Marc...
By Moses Ndhaye.Mobile telecom operators are optimistic that the new law which government is fronting to regulate Mobile Money industry will incr...
CYNTHIA ILAKO460.11 million transactions were reported meaning 3,550 mobile money transfers were taking place per minute at any given timeLast ye...
VINCENT MAOSAIn the modern economy, money performs important functions such as being a medium of exchange, measure and store of value and standar...
When the Kenyan government floated a 250 million shillings (2.5 million U.S. dollars) mobile bond dubbed M-Akiba last month, Calvin Onyango...
JOHN MUTUASafaricom says an ongoing drive to arm its agents with currency scanners that identify fake money will not be affected by the unveiling...
In Morocco, the mobile operator Inwi announced it is launching its Mobile Money service Wana Money by next September.Information was disclosed by...
Noha El TawilIn a country where the population surpasses 100 million with a big portion lacking financial services while the rest need more effic...
The Western Union Company, a leader in cross-border, cross-currency money movement, has appointed Moroccan Mohamed Touhami el Ouazzani as Regiona...
Leading mobile telecommunications operator, Mascom Wireless has joined its competitor and launched MyZaka Visa Card, a mobile money service that...
Interest in African fintech businesses continues as an Egyptian mobile payment provider changes hands on the private equity market.A majority sta...
The Egyptian Center for Public Opinion Research (Baseera) announced that the value of financial transactions through the electronic payment n...
In a bid to restrict human handling of cash, the Lusaka City Council has banned its employees from accepting cash payments for services at the Ci...
William Kumwembe:Use of mobile money services went down in the first quarter of 2019 despite the country registering a rise in subscriber base, f...
MTN Group is embracing artificial intelligence (AI) and on Friday announced the launch of Africa’s ‘first’ Mobile Money (MoMo) AI service or “cha...
JOSEPH BOOYSENAlthough many South African consumers are moving towards cashless payment as a safer alternative, cash will still be around for som...
By Emma RumneyJOHANNESBURG, May 28 (Reuters) - South Africa’s MTN on Tuesday revealed plans to build a “market place” app where customers will be...
Absa Group Limited today announced another successful migration project following on from the completion of the core banking system migration of...
UEFA has announced a new partnership with Chinese mobile payments platform Alipay which aims to bring greater fan engagement experiences to Chine...
Cellulant has announced a partnership with Adyen – a global payment company, further increasing Adyen’s capability to offer its global merchants...
Leading mobile payments company WorldRemit has entered into a definitive agreement to raise $175 million in a Series D funding round le...
areeba, a leading Lebanese financial technology company that provides payment solutions for banks, governments and merchants in the Middle East,...
First Abu Dhabi Bank has partnered with MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer and payment...
Wirecard, the global innovation leader for digital financial technology, is expanding its collaboration with Orange in the field of digital payme...
