News

Kenya: M-Pesa Taps Into Pesapoint’s National Network
The biggest mobile money service, M-Pesa, is eyeing increased cash transactions from more local banks as the concept of mobile banking becomes firmly rooted in the market. Safaricom has added 12 more financial institutions to its transactions (...)
Roshan and Western Union launch international remittance service
Afghanistan mobile operator Roshan partners with Western Union to launch a service that enables its mobile money subscribers to receive payments from abroad.
Samsung, Visa to offer NFC payments at the Olympics
A limited edition of the new Samsung Galaxy S III will be used by selected athletes and triallists to make mobile payments at retail locations in London during this summer’s Olympics. The handset will be preloaded with Visa’s mobile payment app (...)
Entry of Emerald Group in the capital of ITMD
February the 6th, 2012 seals the definitive entry in the capital of ITMD of Emerald Group, Angolan group based in Angola and Dubai. With its entry, Emerald Group brings financial credibility, expertise and business network in Africa to ensure (...)
PayPal Here has signed up “more than 200,000” merchants
ayPal Here, the service that enables small businesses to accept credit card payments by attaching a dongle to a smartphone, has signed up “more than 200,000” merchants since its launch in mid-March, according to comments made by eBay’s president (...)
New NFC service debuts in Brazil
Pagseguro, a leading online payments provider in Brazil, is to launch an app-based mobile payments service based on NFC technology. Those users with Nokia C7, N9 and 701 handsets will be able to access the service and make payments from a (...)
Africa — the next frontier for virtual currency?
If you’ve heard of Bitcoin, you might be a computer geek. The virtual money aspires to become a universal currency that doesn’t depend on governments or banks.
Gambia: GAWFA’s Mobile Banking Project Approved
Alfredo Gadea of the Spanish Cooperation Agency in The Gambia, has disclosed that the Spanish government has approved the Mobile Banking project for The Gambia Women’s Finance Association (GAWFA).
Citigroup: Mobile to help herald banking ‘revolution’
Citigroup, one of the world’s largest financial service companies, believes the banking industry is undergoing a “revolution” that needs the support of mobile technology.