Eafricalab will use ACI Worldwide’s UP Retail Payments solution for Postillion to better serve consumers across 25 African countries.
At MWC 2019, we spoke to Orange’s MEA chief Alioune Ndiaye about the group’s ambitions in the region. Whether it’s eliminating the digital divide or empowering the masses through mobile money, Orange foresees a prosperous future for the continent.
Western Union has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world.
Global cross-border payments network for emerging markets Thunes has partnered with Singtel to enable the Myanmar diaspora in Singapore to send money back to their home country through their mobile devices.
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly.
The level of financial inclusion in the Democratic Republic of the Congo (the DRC) stands at 26%.
Newly created Malian company Uduma Mali is set to receive a €170,000 grant from the GSMA to invest in mobile-based cashless payment facilities for drinking water.
Western Union has partnered with TerraPay to enable mobile wallet and bank account payout.
Two of Africa’s largest mobile operators and mobile money providers, Orange Group and MTN Group, today announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent.
Mobile payment technology and services have received a potential boost in the Philippines with the recent news of a major sales subscription for leading Philippines’ digital technology company, Voyager Innovations.
A recent IMF report, 2018 Financial Access Survey, published at the end of September, underlines again the importance of mobile money in low-income countries.
Orange Digital Ventures Africa has made a second investment in South African mobile points of sale (mPOS) firm Yoco.
As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) have launched a strategic partnership.
A mobile wallet pilot project is being launched in Colombia by a collaboration between state-run Banco Agrario, mobile operator Telefonica Colombia, and mobility firm Comviva.
Indian mobile wallet provider Paytm is at the heart of a fierce industry dispute after the country’s government considered revising its recent data storage regulations after being lobbied by US-based digital payment companies.
GIMAC, the regional electronic money transfer platform of Central Africa, has partnered with TerraPay to enable instant cross border money transfer to bank accounts and mobile wallets in the CEMAC zone, comprising of Cameroon, Republic of Congo, Gabon, Equatorial Guinea, Central African Republic and Chad.
Mobile payments providers in China will have their interest revenue slashed by a new government mandate requiring all prepaid funds to be deposited at the country’s central bank from 2019.
Orange Money Botswana and EcoCash have launched a new partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana.
Paycode has rolled out a secure biometric solution in Zambia in partnership with Ingenico Group.
Russia’s MegaFon has formed a new venture that will expand its offering across several industries, partnering with bank Gazprombank, state-owned Rostec and investment firm USM Holdings.
Flooz users in Togo can now send and receive money to and from mobile wallets and bank accounts across the region thanks to a new partnership announced between Moov Togo and MFS Africa.
The GSMA is launching a global scheme for mobile money providers to offer safer, more transparent and more resilient financial services to millions of mobile money users around the world.
MTN and Ecobank Transnational Incorporated (ETI) are collaborating to leverage each other’s assets in order to offer more value to their respective customers across the continent.
PayPal and Safaricom have formed a partnership that enables Kenyans to seamlessly move money between their M-PESA and PayPal accounts.
The upgraded version of Ecobank’s mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million.
