Mobile money is well entrenched in East Africa, but now Ukheshe and DTB want to challenge that dominance in Kenya.
The number of active mobile money organisations operations in the region had reached 140 across 39 countries.
In January 2017, WorldRemit customers transferred more than $140 million (at annualised rate) to Kenya.
Leading digital payment solutions provider, Mastercard (www.Mastercard.com), has been unveiled as the headline sponsor of the 6th Edition of the CashlessAfrica Conference and Expo (http://CashlessAfrica.com). The event is organised by Mobile Money Africa and is scheduled for 22 to 23 March, at the Oriental Hotel, Lekki in Lagos, Nigeria. The
According to the bank’s estimates, 4.2 million new eWallets were created over the last 12 months, and more people are withdrawing from eWallet ATMs.
MTN’s Mobile Money becomes the next mobile payment system to fall after Vodacom shut down M-Pesa earlier this year.
Citizens have rallied financial support to bail out protestors arrested in last weeks’ stay away in Zimbabwe, using mobile money.
A cashless system can help root out corruption, says Karandaaz interim CEO Imdad Aslam.
Tanzania has the most registered mobile money accounts in Africa.
There are a number of things that SA needs to do to make it work.
Second time’s a charm for groundbreaking mobile money system in South Africa.
FNB users have sent R10-billion through the e-Wallet services since 2009
