Tag: Mobile Money
Visa, M-Pesa partner in global payments deal, coming to Ghana next...
Visa has partnered with Kenya-based mobile money platform M-Pesa (owned by telecom giant Safaricom) to launch the M-Pesa GlobalPay virtual Visa card, to enable...
Crypto can complement mobile money in Africa, top banker says
Cryptocurrency can supplement mobile money in Africa if regulators can be convinced of its benefits, according to James Mwangi, the CEO of Equity Group...
Digital wallets transaction value to grow by 60% by 2026, as...
A new study from Juniper Research has found that the value of digital wallets transactions will exceed $12 trillion in 2026, representing a 60% growth...
Zeepay MD, Andrew Takyi-Appiah, is Africa Fintech Leader of the Year
The Managing Director (MD) of Zeepay, a leading mobile financial services company, Mr. Andrew Takyi-Appiah has been named Africa’s Fintech Leader of the Year...
Nigerian fintech LEMONADE Finance expands to 7 new markets
Lemonade Finance users can now send money to Senegal, Ivory Coast, Benin, Cameroon, Tanzania, Rwanda, and Uganda using the Nigerian fintech startup.
Its app allows...
MTN Nigeria approved to operate Payment Service Bank
Nigeria's telecoms market leader, MTN, has received the final approval to operate as Mobile Money Payment Service Bank (Momo PSB).
The approval was granted by...
MTN hires JPMorgan to help in Fintech unit separation
MTN Group is working with advisers at JPMorgan Chase & Co on the planned separation of its financial technology business, Bloomberg reports, quoting reliable...
Mobile money loses GH¢10bn in value as e-levy implementation nears
Even before the Electronic Transaction Levy (E-levy) takes effect next month, available data show that the mobile money platform has lost about GH¢10billion in...
E-Levy implementation: MTN to cap MoMo service fee at GHS7.5
MTN Ghana says it will cap its mobile money service fee at GHS7.5 for any transfer from GHS1,000 and beyond when the 1.5 per...
Annual mobile money transactions hit $1 trillion
Mobile money platforms processed more than $1 trillion in transactions during 2021, with the number of registered accounts increasing 18 per cent year-on-year, the...