Visa, the world’s largest payments network, introduced a mobile phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest
Browsing: Safaricom
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing
In the wake of Vodacom’s decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market, Brian Richardson, CEO of Wizzit International, has
The news that Vodacom South Africa is planning to drop the M-Pesa mobile money transfer service has come as a surprise to many analysts considering the huge success it has seen in many
Vodacom South Africa has announced it is pulling the plug on its struggling mobile payments platform M-Pesa. Despite the enormous success of M-Pesa in markets such
Ever since computers were first introduced into the retail banking system in the late 1950s, there has been the vision of a future world where cash is obsolete. The near death of personal cheques, increase in debit and credit card use, and innovations such as PayPal
A second attempt by Vodacom to launch the M-Pesa mobile payments platform in South Africa has flopped. On Monday, the mobile operator conceded that since it relaunched M-Pesa in the
In a potentially groundbreaking development, MTN and Vodafone have announced that MTN Mobile Money and M-Pesa customers in East Africa will soon be able to transfer money to each other
M-Pesa users in Kenya and Tanzania can now send money to each other electronically using their mobile phones, Vodacom said on Monday. Vodacom has 7m M-Pesa customers in Tanzania, while sister company Safaricom has 18m in Kenya. The
Any doubt that lower wholesale call termination rates have led to a sharp decline in retail mobile tariffs in South Africa should be put to rest, new research shows. South Africans have benefited directly from a reduction in termination rates – the fees telecommunications