mobile money
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Airtel Money Tanzania will partner with TerraPay to enable its customers in the United Arab Emirates (UAE) to make purchases at points of sale terminals. -
Safaricom Ethiopia’s mobile money service M-PESA is now live for Android users in the country, with an iOS version set to follow.
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M-Pesa, the pioneering mobile money platform run by Safaricom and the Vodacom group, is now run from a cloud operations centre in Kenya.
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Safaricom Ethiopia is to challenge incumbent operator Ethio Telecom with its own mobile money platform, M-Pesa.
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Nigerian operators are threatening to cut off banks providing mobile financial services because they say they have not paid their bill.
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UK-based e-commerce company Bango has acquired the global payments business of mobile operator NTT DoCoMo for only €4 million in cash.
Forthcoming events
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Season 2, episode 13 is presented by deputy editor Melanie Mingas and features editor-at-large Alan Burkitt-Gray, senior reporter Natalie Bannerman, and special guests Hannes Gredler and Richard Brandon from RtBrick.
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MTN, the South African telco, is reportedly eying up a valuation of more than $5 billion for its mobile money business.
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Mastercard has invested US$100 million in Airtel Mobile Commerce (AMC), the mobile money subsidiary of Airtel Africa, taking a minority stake in the business as it prepares for an IPO.
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International mobile money transactions increased by 65% last year, with a total of US$12.7 billion transferred across borders during the year.
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TPG's global impact investing platform The Rise Fund is to invest US$200 million in Airtel Mobile Commerce (AMC), with potential for an IPO within four years.
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The Central Bank of Somalia has issued first ever mobile money licence to Hormuud Telecommunication, which operates EVC Plus.
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Airtel Africa has recorded its 11th consecutive quarter of double-digit revenue growth, setting a new internal performance record.
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Fraudsters have stolen an estimated US$750,000 from the accounts of mobile money customers in Uganda, according to reports from the country.
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The migration to digital banking is not a project for the finance industry alone. Amit Kumar, GM of marketing at Tecnotree explains the role of, and opportunities for, CSPs
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Airtel Africa has announced a new partnership with MoneyGram International to enable 19 million customers to receive transfers directly into their mobile wallets.
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Airtel Africa has partnered with Standard Chartered to increase access to mobile financial services.
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Telenor Group has confirmed it is to sell its 34.2% stake in e-wallet Wave Money for US$76.5 million.
