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OPINION: Bitcoin and mobile payments: Don’t get your hopes up
Before there were cell phones, there was the dream. You know the dream, the dream of techno-optimists everywhere: Get rid of the wallet. Make money electronic. Get rid of those inconvenient technologies like cash and credit cards, and put it all on your phone. Pay by punching a key on your phone. Like in Japan! And cut out a few middlemen while we're at it. Admit it, we've all fantasized about it.
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M-Pesa to start pilot on cash out services, looking at pan-India network
M-Pesa, the mobile wallet service of telecom major Vodafone, plans to launch out-cash services. A pilot programme will be launched soon, under which customers will be able to withdraw money from M-Pesa outlets.
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- mobile finance
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Boosting Financial Inclusion in Nigeria with Mobile Money, Electronic Cards
Nigeria is bent on achieving financial inclusion through the ongoing cashless initiative, but the exercise is rather too slow, hence the need to increase awareness campaign on the use of mobile money and electronic cards as alternative channels, writes Emma Okonji.
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In-store mobile transactions boom for South Africa
South African consumers are driving a mobile transacting revolution enabled by a slew of innovative home-grown technology companies. So says Bevan Ducasse, CEO of wiGroup, following the release of the company's white paper on in-store mobile transacting.
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China’s central bank halts Tencent, Alibaba mobile payment process
China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the payment arms of Internet companies Tencent Holdings Ltd and Alibaba Group Holding.
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PRESS RELEASE: First Access and Vodacom Tanzania Ink Financial Inclusion Deal
Partnership offers financial institutions the ability to purchase instant risk scores from First Access based on prepaid mobile phone records.
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- Sub-Saharan Africa
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Kopo Kopo Goes International, Ready to Integrate Mobile Money Payments from Merchants Around the World
In an exclusive interview with TechMoran, Ben Lyon of Kopo Kopo said that 2014 is the year of partnering with payment providers to build and manage merchant networks.
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- Sub-Saharan Africa
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FinScope reveals significant increase in financial services inclusion in South Africa
FinMark Trust annual FinScope South Africa 2013 survey results reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013.
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