Newsflash
- NIGERIA: Zone expands decentralised payment network with leading Fintechs
- East African Community Central Banks urged to adapt and embrace technology to facilitate cross-border financial transactions
- NymCard leverages Mastercard move to offer fast and efficient cross-border payments across 47 countries
- Nigeria to Commence N50 E-Money transaction levy
- MTN MoMo Uganda Gives Away Air Tickets to International Remittances over 100 Customers
- GHANA: MobileMoney Limited holds stakeholder forum as part of 15th anniversary
- Sasai Money Transfer expands free remittances offer to additional African markets in partnership with Airtel Money
- Tabby Acquires Saudi Mobile Wallet Tweeq, Marking First Acquisition for the $1.5B Fintech
- GHANA: Stop charging customers for wallet deposits – Mobile Money Advocacy Group
- Mozambique: Number of mobile money agents jumps 12% in H1, now tops 250,000
Latest Stories
Africa’s fastest-growing payment infrastructure company, Zone, has announced that three prominent Fintechs across diverse verticals of the paymen...
Starting September 9, 2024, Nigeria will begin enforcing the Electronic Money Transfer Levy (EMTL) on financial transactions. The levy, which amo...
Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS) has launched an instant settlement...
The Central Bank of Nigeria, CBN said it has recorded all-time high remittances in July.On Tuesday, the apex bank said it recorded a significant...
•Cash accounts for 55% of transactions in 2023Cash payment in Nigeria will fall by 4.0 per cent by 2027 with share in PoS transactions fall...
Network International, a payment partner of Nigerian banks, has underscored its commitment to local and regional markets by bringing its innovati...
MobileMoney LTD, a pioneer in the Ghanaian Fintech industry has organized a forum for its stakeholders at Labadi Beach Hotel in Accra.The event,...
The Mobile Money Advocacy Group, Ghana (MoMAG) has expressed deep concerns over the exorbitant charges imposed by Mobile Money agents...
The Central Bank of The Gambia (CBG) reported that commercial banks are the largest players in theforeign exchange market, account...
General Manager of Mobile Money Ltd. (MoMo), Nii Adotey Mingle, has revealed that fraud remains one of the most pressing challenges facing the di...
Flutterwave (www.Flutterwave.com), a leading payments technology company, has recently been granted a Payment Service Provider license (Enha...
The Mobile Money Advocacy Group Ghana (MoMAG), has expressed concern over the recent decline in Mobile Money transactions in the country.Accordin...
East African Community (EAC) Partner States Central Banks have been called upon to embrace technology as part of efforts to facilitate cross-bord...
In a move aimed at rewarding its loyal customers and promoting seamless international remittances, MTN MoMo Uganda has given away more than 100 a...
MTN Rwandacell PLC (MTN Rwanda) has reported a substantial increase in its subscriber base and significant 4G penetration in its half-year financ...
Safaricom has revoked the API access previously granted to PrivPay, a Kenyan fintech startup that facilitated anonymous M-PESA transactions. The...
Latest CBK data shows approximately 68 per cent of Kenyans are using mobile money services, with the total value of mobile money transactions in...
The Kenya Transporters Association (KTA) lobbied the government to urgently initiate instant fines as a means to curbing corruption along Kenyan...
The number of mobile wallet accounts in Egypt rose to 39.4 million in 2023, driven by consumer demand for easier financial transactions and vario...
The Export Development Bank of Egypt (EBank) has launched a new mobile banking app, according to an emailed press release.The launch is part of E...
A recent study by British website Merchant Machine has revealed that Morocco leads the world’s top 20 countries reliant on cash payments in 2022,...
Dopay, an Egypt-based financial technology company, has secured an additional $13.5 million in its Series A funding round. This extension will he...
The Cairo-based startup, Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration w...
he use of electronic payment methods, especially through mobile devices, is experiencing a substantial increase in Algeria, reflecting the countr...
The number of Electronic Money Institution (EMI) agents operating through mobile telecommunications networks in Mozambique increased by 12.2% in...
Sabipay Technologies, a subsidiary of Pesapal Limited, is proud to announce that it has been granted a Payments System Business license by the Ba...
EcoCash, the leading mobile money platform in Zimbabwe, has introduced ‘EcoCash Home Wallet’, an innovative new feature embedded on its new mobil...
Vodacom Group has announced a major milestone in its expansion into financial services, with the company revealing that it has processed a stagge...
At least once a month — and sometimes as often as three times a week — a private plane lands in a secure part of Robert Gabriel Mugabe Internatio...
In a bold move to deepen its footprint in digital financial services, Orange Money Botswana has extended the reach of Duela Easy, its innov...
NymCard, a leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers...
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the "Wallet Interoperabi...
The Central Bank of Oman has issued a clarification regarding the payment of fees for money transfers using the Mobile Payment System (MPCSS).The...
NOW Money, a prominent fintech company, has strategically partnered with Commercial Bank International (CBI) and Network International, making ba...
Gulf Bank has announced the launch of its new " WAMD " service for transferring money using a phone number via the bank's mobile app. This servic...
Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 percent, according to the lat...