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Articles tagged with: Mobile Banking and M Pesa

Kenyans Living in the UK Can Send Money to Mobile Phones in Kenya

­Kenyans can now receive money from friends and family in the United Kingdom directly to their M-PESA mobile banking accounts. The launch of the international component of M-PESA, managed by Safaricom follows a successful pilot project with selected outlets in the UK.  more

Related Tags: safaricom, UK


Vodafone Appoints a Director of Mobile Payments

Vodafone Group has announced the appointment of a Director of Mobile Payments. The company is tapping Cenk Serdar, formerly the Chief VAS Officer of Turkcell where he worked on a wide range of new business opportunities including Mobile Internet and Mobile Messaging, as well as new services such as Mobile Payments, Mobile Marketing and Mobile Signature.  more

Related Tags: vodafone, turkckell


Vodacom Enables Payment of Electricity Bills Through Mobile Phones

Vodacom Tanzania subscribers are now able to pre-pay for their electricity via the M-Pesa mobile payments service. This project is a joint venture between Vodacom Tanzania and the electricity generator, Tanesco.  more

Related Tags: vodacom-tanzania, Tanzania


Mobile money in emerging markets - still fragile but ready to become mass-market

Mobile Money could reach a one-third penetration rate within 5-years, says a new report from Ovum. The report finds the market is still in its infancy, yet it has the potential to become a mass-market service. However, much will hinge on how well the industry addresses various market barriers, and its ability to nurture user demand with clear, simple and attractive propositions.  more

Related Tags: mobile-money


Vodacom Tanzania Signs Local Bank for M-Pesa Mobile Banking Service

Vodacom Tanzania has officially signed up BOA Bank to provide Vodafone M-PESA services to its clientele. Both prepaid and post-paid Vodacom customers are able to open a Vodafone M-PESA account at no cost at any our authorised agents and now BOA Tanzania. Most importantly about Vodafone M-PESA, any person from any mobile subscriber can receive money via M-PESA on their mobile phone.  more

Related Tags: vodacom-tanzania, Tanzania


Mobile Banking for the Unbanked and the Financial Crisis

CGAP, the global microfinance center is releasing new research and data to encourage telecom operators, financial institutions and governments to see the business potential in expanding access to financial services for poor people in developing markets. The current economic climate makes the need for widespread availability of safe alternatives to cash even more pressing.  more

Related Tags: sim, itu, lte, m-banking


Mobile Internet Access to Drive African Operator Revenues

Operator-billed service revenues across the Africa & Middle East region are expected to rise to more than $107 billion in 2013, according to a new report from Juniper Research.  more

Related Tags: juniper-research, mobile-data, arpu, wind


Orascom Planning Mobile Banking Service

Orascom Telecom is planning to launch a full mobile banking service sometime this year via a subsidiary company. Naguib Sawiris, chairman of the Egyptian group, told the Financial Times the company would be an Orascom subsidiary offering customers the chance to use their mobiles to access banking services, including money transfer.  more

Related Tags: arpu, seven, orascom


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