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Mobile money set to take South Africa by storm

Staff Writer - July 29, 2021 0

Mobile money has seen massive uptake in Africa over the last decade, however, South Africa has lagged due to the country’s stringent...

East Africa

Cellulant gets approval to become a PSSP in Tanzania

Staff Writer - July 22, 2021 0

Cellulant Corporation has received an approval by the Bank of Tanzania (BOT) to operate as a Payment Solution Service Provider (PSSP), a...

East Africa

Uganda shuts down 2.2 million mobile money accounts

Vardis Banga - July 19, 2021 0

The Uganda Communications Commission (UCC) has revealed in its Market Performance quarterly report that about 2.2 million inactive mobile money accounts were...

Finance & Banking

Ukheshe, ForexPeople in joint venture to boost remittances in Africa

Staff Writer - July 2, 2021 0

Fintech Ukheshe Technologies has announced a partnership with ForexPeople in a joint venture that will enable it to seamlessly facilitate remittances from...

Finance & Banking

Carbon partners Visa to scale up digital payments in Africa

Staff Writer - June 30, 2021 0

Pan-African fintech Carbon, has signed a five-year strategic partnership with Visa, to bolster digital payments services in Africa. According...

East Africa

Safaricom unveils M-Pesa Super App with new features

Staff Writer - June 23, 2021 0

Kenya’s Safaricom has rolled out its M-Pesa Super App with new features for customers. It has also launched its M-Pesa for Business...

Finance & Banking

Nigeria could launch pilot digital currency by year-end

Staff Writer - June 21, 2021 0

The Central Bank of Nigeria is preparing a pilot digital currency which could possibly launch by the end of the year, reports...

Finance & Banking

Low cost mobile phones boosting mobile money uptake in Africa

Staff Writer - June 21, 2021 0

Africa accounts for almost half (560 million) of registered global mobile money wallets (1.2 billion). This was revealed in...

Finance & Banking

Luno takes aim at Africa’s cryptocurrency absorption

Staff Writer - June 11, 2021 0

Global cryptocurrency firm Luno, has announced a major milestone of eight million customers (wallets), with one million added in just 12 weeks.

Finance & Banking

Telkom unveils Africa’s first virtual card for WhatsApp transactions

Staff Writer - June 8, 2021 0

Telkom has launched Africa’s first Mastercard virtual card for WhatsApp transactions, enabling Telkom Pay customers to make e-commerce payments.

Finance & Banking

Mastercard unveils new carbon calculator tool for banks

Staff Writer - June 4, 2021 0

Global payments technology firm Mastercard has released its Carbon Calculator, a feature that provides access to insights and data about environmental impact...

East Africa

Mondia Pay integrates M-Pesa to expand fintech services in Tanzania

Staff Writer - May 25, 2021 0

Vodacom Tanzania, has signed a fintech partnership to integrate M-Pesa mobile money platform and Mondia Pay, creating a new payment option for...

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