Category archives for: Mobile money

Mobile money deployments soar in SS. Africa

Mobile-money

From ALLOYCE KIMBUNGA in Dar-es-Salaam, Tanzania, DAR-ES-SALAAM, (CAJ News) – SUB-Saharan Africa accounts for more than half of all mobile money deployments worldwide and is pioneering a range of new mobile money use cases.There were 277 million registered mobile money accounts across Sub-Saharan Africa at the end of 2016, plus 1,5 million registered agents. This […]

Huawei, WorldRemit accelerate growth of money transfers

Dr. Bello Moussa, Director of   Innovation and Industries Relations Huawei(Right) and Alix Murphy,  Director  of Partnerships WorldRemit(left).

From ALLOYCE KIMBUNGA in Dar-es-Salaam, Tanzania DAR-ES-SALAAM, (CAJ News) – WORLD-REMIT and Huawei have announced a partnership to accelerate growth of low cost mobile-to-mobile money transfers to Africa.WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across the continent. The partnership, which was announced at the GSMA’s Mobile 360 […]

Uganda financial payment sector bolstered

GTBank Debit Mastercard

From HASSAN ONYANGO in Kampala, Uganda KAMPALA, (CAJ News) – IN an effort to building a stronger financial payment sector and ensuring financial inclusion, Guaranty Trust Bank (GTBank) has officially launched the GTBank Debit Mastercard in Uganda. GTBank Managing Director, Olufemi Omotoso, said the Bank Debit Mastercard provided cardholders with the latest in electronic payments […]

Safaricom connects farmers to agro businesses Web service transforms Kenya smallholder farming

saf

NAIROBI, (CAJ News) – THOUSANDS of Kenyan farmers have signed up for a web based service Safaricom, the mobile operator, has launched to link the farmers to agricultural processing businesses.Connected Farmer is a partnership between Safaricom and Mezzanine Ware, a company that specializes in developing mobile enabled solutions for businesses.The launch follows a six month […]

Massive response to latest Kenya e-money innovation

Mpesa 2a

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – A TOTAL of 2 million bank customers have signed up for Kenya’s newest money transfer service, PesaLink owned by the bankers’ umbrella body. The milestone has been achieved barely two months after the initiation of the service by local financial technologies (fintech) solutions delivery firm, […]

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