Mobile Money Transfer

Type: Keyphrase
Name: Mobile Money Transfer
First reported 23 hours ago - Updated 3 hours ago - 5 reports

The Curious Case of Nyagaka Anyona Ouko, the Mobile Money Transfer ‘innovator’ – Part I

Since the launch of the Vodafone Mobile Money Transfer Service, popularly known as M-PESA, in Kenya five years ago, Safaricom / Vodafone have faced a wave of allegations claiming the telecoms giant ‘stole’ the idea. One unresolved case has even ended ... [Published HumanIPO - 5 hours ago]
First reported Aug 19 2014 - Updated 4 hours ago - 2 reports

Ericsson ConsumerLab: Urbanization drives m-commerce interest in emerging Asia

A report from Ericsson (NASDAQ: ERIC) ConsumerLab has explored the possibilities of widespread m-commerce adoption in emerging Asia. The countries included in the study were Bangladesh, Indonesia and Vietnam.The research reveals that 54 percent of respondents ... [Published Ericsson - 4 hours ago]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Soaring remittance fees and World Humanitarian Day

_ A US plane makes a humanitarian airdrop over Iraq, delivering water and food. Photograph: Sgt Vernon Young Jr/us Airforce/dod/EPA Each year, remittances generate three times more than the global aid budget. Despite a commitment by the G8 to halve remittance ... [Published Guardian.co.uk - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

WESTERN UNION : Enlarges Collaboration with MTN Group

The Western Union Company has launched a new mobile money transfer service in the Ivory Coast in conjunction with the MTN Group .According to a media release, the new service, which builds upon the existing mobile money collaboration between the companies ... [Published 4 Traders - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Financial inclusion for all: What we’ve learned, what we still need to do

A young man participates in the Youth-Inclusive Financial Services Linkage Program, a three-year capabilities-building and training initiative, which aims to expand the range and quality of financial services available to youth. Photo by: MasterCard ... [Published Devex - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Bitcoin shakes up remittances as poorer people offered digital deals

_ Entrepreneurs say bitcoin can give some of the world’s poorest people . Photograph: Siegfried Layda/ Social entrepreneurs in developing countries are using mobile phones and the controversial digital currency bitcoin to increase the speed, and slash ... [Published Guardian.co.uk - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Security at the heart of U.K. mobile banking fears

It was only last month that the British Banking Association reported that a 'revolution' in banking was taking place in the UK.Citing statistics such as download rates of banking apps hitting 15,000 per day and nearly £1 billion a day (US$1.7 billion) ... [Published BizReport.com - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Mobile wallet catches on with one and all

It’s just another office on the busy Balanagar main road in Hyderabad that would go unnoticed but for the long queue of people on its counter. A flex board in front of it screams, “mobile money transfer”.There is usually a long queue, mostly of migrant ... [Published Financial Chronicle - Aug 18 2014]
First reported Aug 17 2014 - Updated Aug 17 2014 - 1 reports

MTN launches mobile money transfer services in Mkushi District

One of the farmers Gordon Chance says the mobile money transfer services by MTN would benefit commercial farmers to run their respective farms more effectively.Mr Chance says the commercial farmers in the area was a major employer, adding that on an average ... [Published Lusaka Times - Aug 17 2014]
First reported Aug 14 2014 - Updated Aug 15 2014 - 2 reports

Africa's M-Pesa mobile payment method was launched in Romania

It is reported that Kenya's popular M-Pesa mobile money transfer system technology has been launched in Romania.M-Pesa customers can receive and send money through their mobile phones using simple text messaging technology.From its debut in Kenya seven ... [Published Mbendi - Aug 15 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 2 reports

Uganda, Tanzania latest to welcome Diaspora Mobile Money transfer service

The Diaspora Mobile money transfer service from Rapid Communications’ is now in Uganda, Tanzania and Senegal only a month after it was unveiled in Kenya.Brought about through a partnership with Aftab Currency Exchange in the United Kingdom and Al Ghurair ... [Published NextBillion.net - Aug 14 2014]
First reported Aug 13 2014 - Updated Aug 14 2014 - 5 reports

African technology finds foothold in European market

Africans have long used technology developed abroad, but now a Kenyan cash transfer network that bypasses banks is being adopted in Europe.The M-Pesa mobile money transfer system, which allows clients to send cash with their telephones, has transformed ... [Published CHINAdaily - Aug 14 2014]

Quotes

...to expand its services to include micro-savings and micro-insurance products," said Frost & Sullivan Senior Economic Consultant, Craig Parker. "The delivery of savings and insurance using the mobile money platform will increase customer uptake, which is currently less than three percent for micro-insurance products in Kenya. The mobilisation of micro-savings will raise customer profiles and help them qualify for micro-insurance."
Patrik Hedlund, Senior Advisor at Ericsson ConsumerLab, says: "The reason for this is that while some family members move to the city, others stay in the countryside and remain dependent on those who moved, particularly concerning financial matters. In these developing markets, where incomes are typically low, there is a need to quickly send and receive money."
...group said that the group chose Romania because there was, and there is still, a large part of the population which doesn't have a bank account. "Only about 50 percent of the population of Romania has a bank account. And the other half is mostly still using cash" he said
"We have spent a considerable amount of time analyzing M-PESA usage trends and we have established that over 65 percent of all M-PESA person to person transactions are within the Sh10-Sh1, 500 bands" said Safaricom's Chief Executive Officer Bob Collymore

More Content

All (262) | News (213) | Reports (0) | Blogs (46) | Audio/Video (0) | Fact Sheets (0) | Press Releases (2)
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Frost & Sullivan Applauds Musoni for Extending ... [Published CW Atlanta - 4 hours ago]
Ericsson ConsumerLab: Urbanization drives m-com... [Published Ericsson - 4 hours ago]
The Curious Case of Nyagaka Anyona Ouko, the Mo... [Published HumanIPO - 5 hours ago]
Vodafone's M-Pesa mobile money transfer service... [Published CIO East Africa - 6 hours ago]
M-Pesa rewards low amount users, targets big ca... [Published The Star (Kenya) - 6 hours ago]
Fees for Low, Medium M-Pesa Transfers Cut [Published AllAfrica.com - 8 hours ago]
Western Union, First Bank launch outbound servi... [Published Business Day Nigeria - 14 hours ago]
SAFARICOM : reduces M-Pesa charges to fend off ... [Published 4 Traders - 20 hours ago]
Vodafone, Kenyan subsidiary discuss money trans... [Published Africa Review - 23 hours ago]
Tanzanite Infotech Launches High Quality Video ... [Published Prlog - Aug 19 2014]
Ericsson ConsumerLab: Urbanization drives m-com... [Published Ericsson News Center - Aug 19 2014]
Safaricom cuts MPESA charges by up to 67 percen... [Published The Star (Kenya) - Aug 19 2014]
Soaring remittance fees and World Humanitarian Day [Published Guardian.co.uk - Aug 19 2014]
Western Union Partners First Bank on Outbound S... [Published NigeriaCommunicationsWeek - Aug 19 2014]
Kenyan mobile phone money transfer technology g... [Published Africa Review - Aug 19 2014]
Safaricom opens talks with Vodafone on M-Pesa l... [Published Business Daily Africa - Aug 18 2014]
Zimbabwes Econet Wireless and the making of Afr... [Published Guardian.co.uk - Aug 18 2014]
WESTERN UNION : Enlarges Collaboration with MTN... [Published 4 Traders - Aug 18 2014]
Financial inclusion for all: What we’ve learned... [Published Devex - Aug 18 2014]
Kenyan M-pesa system launches in Romania [Published Payment Eye - Aug 18 2014]
Bitcoin shakes up remittances as poorer people ... [Published Guardian.co.uk - Aug 18 2014]
Challenges and Possibilities in Mobile Money Ca... [Published Spy Ghana - Aug 18 2014]
Security at the heart of U.K. mobile banking fears [Published BizReport.com - Aug 18 2014]
Rwanda: MTN Offers Startimes Payment [Published AllAfrica.com - Aug 18 2014]
Mobile wallet catches on with one and all [Published Financial Chronicle - Aug 18 2014]
MTN launches mobile money transfer services in ... [Published Lusaka Times - Aug 17 2014]
Africa's M-Pesa mobile payment method was launc... [Published Mbendi - Aug 15 2014]
On the Wire: Western Union Expands Collaboratio... [Published Paybefore.com - Aug 15 2014]
MTN Applauded On 5th Anniversary Of Mobile Mone... [Published Modern Ghana - Aug 15 2014]
6 clever tech startups trying to pop Africa’s r... [Published Memeburn.com - Aug 15 2014]
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Blogs

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MICROCAPITAL BRIEF: Vodacom Relaunches “M-Pesa”... [Published MicroCapital - Aug 12 2014]
Vodacom South Africa, which is controlled by UK-based Vodafone Group, reportedly has relaunched its M-Pesa mobile payment system in the country. Originally created and marketed by Vodacom in 2007 in Kenya, M-Pesa was made available in South Africa in ...
Western Union Expands Collaboration with MTN Gr... [Published EON Business - Aug 11 2014]
ENGLEWOOD, Colo.--(EON: Enhanced Online News)--Western Union Launches Mobile Money Transfer Service in the Ivory Coast with MTN Group ...
Western Union Expands Collaboration with MTN Gr... [Published Business Wire Technology News - Aug 11 2014]
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Western Union Launches Mobile Money Transfer Service in the Ivory Coast with MTN Group ...
Western Union Expands Collaboration with MTN Gr... [Published Business Wire Professional Services News - Aug 11 2014]
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Western Union Launches Mobile Money Transfer Service in the Ivory Coast with MTN Group ...
Monitise wins 6 international awards [Published MobileFI - Aug 07 2014]
It’s an exciting day for Monitise  - we have been presented with six international awards for our products and business success! These include:     Overall winner of The Banker’s Technology Project of the Year and Retail Payments Project ...
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Press Releases

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Xoom Upgrades Mobile Money Transfer App to Enab... [Published GlobeNewswire: Acquisitions News - May 13 2014]
Mobetize Signs Letter of Intent to Provide Remi... [Published GlobeNewswire: Acquisitions News - Mar 18 2014]
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