Africas leading resource for digital financial services
Newsflash
- Zimbabwe: Cassava Suffers Zwl$ 2.4 Billion Exchange Losses
- Monthly M-Pesa agent transactions rise to record Sh528bn
- NIGERIA: CBN Directs Banks to Close Naira Accounts for IMTO Proceeds
- NIGERIA: CBN Issues New Guidelines On Foreign Remittances
- WorldRemit lowers transaction cost for remittances to Africa
- Coronavirus boosts e-payments in Egypt
- Empay payment ecosystem launched in Dubai
- NIGERIA: 12 banks earn N133.92bn from e-payments in nine months
- Ericsson Mobile Money empowers TMCEL Mozambique
- GHANA:Value of Mobile Money transactions drops
Latest Stories
Following its new policy that grants unfettered access to forex from Diaspora and other money transfer remittances, the Central Bank of Nigeria (...
The Central Bank of Nigeria has said beneficiaries of diaspora remittances can now receive monies sent from abroad in foreign currency through th...
Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of...
Accelerex Holdings (www.globalAccelerex.com), Mauritius (“Accelerex”), today announced that it has signed an investment agreement with regional p...
Paymentwall expands its payment coverage in Nigeria to offer mobile money payments with Paga, Tingg, and instant EFTs with mobile banking of all...
The British Deputy High Commissioner (DHC) to Nigeria, Ben Llewellyn-Jones, has described initiatives introduced by the Central Bank of Nigeria (...
The total value of Mobile Money transactions has fallen for the first time after five months of continuous increase.The surge began in May, as it...
Leading financial technology company, expressPay, has introduced into the Ghanaian market, a smart Point of Sale (POS) device to enhance merchant...
Zeepay, a fast-growing financial technology (fintech) company into Mobile Financial Services across Africa, has announced its partnership with Tr...
Mobile Money Limited, a subsidiary of MTN Ghana, has initiated an insurance scheme for more than 190,000 mobile money (MoMo) agents of the compan...
The Autonomous Port of Lomé (PAL) authority has completed the digitalization of procedures for clearing goods and stopped cash payments at its wi...
In Togo, the number of mobile money users rose from 83,000 in 2013 to 1.9 million in 2017 and 2.3 million in 2018 (nearly 30% of the Togolese po...
Cash handled by mobile money agents crossed the half-a trillion-mark for the first time in a month in October, driven by the continuing adoption...
Global digital payments company–WorldRemit has launch new prices for international transfers in over 450 of its larger corridors&n...
O-CITY, the automated fare collection provider by BPC, today announces its initiative to drive contactless payments across bus services in N...
M-Pesa has become the first mobile money provider in Africa to join the Financial Taskforce established by United for Wildlife, a coalition...
Banks cut digital lending to customers in the wake of a rise in non-payment following the six-month freeze on listing defaulters with credit refe...
Safaricom should be declared dominant and split into two firms, senators have said.They said other players—Telkom and Airtel—operate at the mercy...
A recent report reveals a significant increase in the number of electronic wallets and online transactions during the first wave of COVID-19...
-inwi money, a subsidiary of inwi and leading telecom player in mobile money services, has expanded its offering with the launch of an internatio...
Money transfer agency Cash Plus has launched the “Cash Plus Mobile Wallet” application, offering its customers the oppor...
Dubai-based Careem has launched a new ‘super app’ to offer all its services on a single platform.The company, which has been hit hard by the Covi...
Dubai-based mobile payments company Tpay has bought Payguru, a digital payment service provider based in Turkey, for an undisclosed sum as it loo...
elecom company Orange Maroc launched its popular mobile money service, Orange Money, in Morocco on Tuesday, March 10.The mobile operato...
Diversified tech-solutions company, Cassava Smartech Zimbabwe Limited (Cassava) suffered exchange rate losses amounting to ZWL$ 2.4 billion in th...
TMCEL customers in Mozambique are to benefit from the financial empowerment of Ericsson’s mobile money solutions under a new five-year deal to ex...
Driven to secure financial inclusion across its markets, MTN Group continues to grow the number of MTN Mobile Money (MoMo) users on its netw...
The Department of Small Business Development and Nedbank have called on informal fruit and vegetable traders, who were negatively affected by the...
Listed financial technology firm Cassava Smartech's revenues for the four months to February 2020, jumped 318 percent to $4,6 billion from $1,1 b...
Zamtel says it is elated by the news that the Bank of Zambia has commenced internal processes that it anticipates will culminate in the establish...
The Emirates Payment Services has announced the launch of Empay, the world’s first contactless instant credit lifestyle payment ecosystem.Empay,...
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Compa...
WhatsApp on Friday announced the roll out its payments services in India following approval from the National Payments Corporation of I...
Western Union Co, the world's largest money transfer firm, expects an improved outlook for 2021 as people adjust to the novel coronavirus and on...
In the wake of a 2019 report by the World Bank setting out plans to digitalise the entirety of Africa by 2030, UK-based money transfer provider P...
UAE-based payment solutions provider Network International saw its total revenues in the Middle East drop by 15.3 percent in the first six m...
