Africas leading resource for digital financial services
Newsflash
- Mastercard to Buy Stake in MTN $5.2B digital finance unit
- Kenya’s mobile money use declines
- GHANA:MTN MoMo transactions hit GH₵1.7tn
- NIGERIA: Govt earns N80.86bn from electronic transfer fee
- Kacha receives license as first fintech mobilemoney operator in Ethiopia
- PalmPay celebrates 25 million user milestone in Nigeria
- Nigeria’s mobile money system has a dark side even though it’s convenient - new study explores the risks
- MTN increases Mobile Money cashout fees effective July 1st
- MOROCCO: TerraPay & Attijariwafa bank partner to enhance cross-border payments
- Togo Updates Law on Electronic Transactions to Promote E-commerce and Build Digital Trust
Latest Stories
Electronic transfer levies have generated N80.86bn for the three tiers of government in the first six months of 2023.This is according to data ob...
PalmPay, a pioneering Africa-focused fintech platform, celebrates a significant landmark in its journey, marking 25 million users...
Financial services play vital roles in supporting economic activities. In Nigeria, though, a significant number of people don’t ha...
The Central Bank of Nigeria has issued a guideline placing a limit on contactless payment.This was disclosed by the CBN on Tuesday in two circula...
THE Central Bank of Nigeria, CBN has ordered banks to allow customers to have unfettered access to funds in their domiciliary account.Accord...
The Central Bank of Nigeria (CBN) has given banks and other financial institutions a 30-day timeline to close accounts without Bank Verification...
General Manager at MTN Northern Business District, Nii Adotey Mingle, has revealed that the telco recorded mobile money (MoMo) transactions worth...
Beginning July 1, 2023, MTN is increasing mobile money cash out transaction fees to GHS20 for all amounts GHS2,000 and above.In an SMS circular t...
Togo just revised its law on electronic transactions, on June 27th, during the fifth plenary session of the first ordinary session of the Nationa...
Tingg by Cellulant, In-Store solution is transforming the digital payments space in Ghana by providing Oil Marketing Companies (OMCs) with a...
The Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, has announced a collaboration between Mobile Network Operators (MNOs) and...
Actual mobile money transaction float in Ghana was GHS13.2 billion in April 2023 alone, which indicates a 37.5% increase year-on-year from GHS9.6...
The value of Kenya’s mobile money use registered its first decline in the first half of 2023 on reduced transactions, the country’s central bank...
The National Bank of Ethiopia (NBE) has officially approved a request by Kacha Digital Financial Service S.C., the first private payment instrume...
Somalia has launched Quick Response Code Standard named in a bid to join peers in providing secure payment services via banking and e-commerce ap...
Treasury Cabinet Secretary Njuguna Ndung'u has proposed the reduction of excise duty on the fees charged for money transfer services.Speakin...
Vodafone has announced its intention to sell M-Pesa Holding Company Limited (MPHCL) to Safaricom for $1. The transaction began on April 17, 2023...
Kenya has announced plans to implement a 3% tax on revenue generated from digital assets. This move is part of the government's efforts to increa...
In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, a leading global...
Egypt - The Commercial International Bank (CIB) has revealed that users of electronic banking services currently constitute about 66% of the bank...
As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership...
ADCB-Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the UAE, has extended its collaboration with Temenos (www...
The Central Bank of Egypt (CBE) has announced the activation of the InstaPay application on Wednesday 23 March, which is functioning in tandem wi...
The Central Bank of Egypt (CBE) approved Wednesday the launch of the electronic portal for managing mobile phone wallet accounts, in cooperation...
Mama Money, a rapidly growing fintech that offers cross-border money transfer and banking services has partnered with AFC Commercial Bank,...
THE number of Zimbabweans with bank accounts has increased to 3,3 million this year, compared to two million in 2014, according to a Reserve Bank...
Ukheshe International, the UK-headquartered division of leading digital-first, Banking as a Service (“BAAS”) enabler Ukheshe Group (“Ukheshe"), t...
Byline: By Susan Sitemere, Country Manager, Zimbabwe, and South Africa, WorldRemitRemittances continue to offer a crucial lifeline in...
Cellulant Ltd., a Kenyan payment-services provider, is starting a South African business after months of testing the market and is looking to wra...
Embedded finance enabler Ukheshe Technologies has announced the launch of the very first tap-on-phone payment solution that requires no...
MTN, Africa’s biggest wireless carrier, said Mastercard agreed to take a minority stake in its financial-technology business, which the company v...
By Athu KarumeThe rapid growth of mobile money has changed the payment landscape in Africa, alleviating the limitations of physical cash and barr...
Women are less likely than men to use mobile money services, GSMA has stated.According to the global body of telecommunication firms, the reason...
Women are less likely than men to use mobile money services, GSMA has stated.According to the global body of telecommunication firms, the reason...
Visa Inc. has announced a new payment solution called Visa+, which will allow users to make payments without needing a Visa card. Instead, users...
Western Union has partnered with payment gateway MFS Africa to enable money transfers into millions of mobile wallets across Afric...
