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How Africa Beat the West at Reinventing Money for the Mobile Age

It’s a painfully First World problem: Splitting dinner with friends, we do the dance of the seven credit cards....

Mobile Money Transfer, APAC, M-PESA

Walmart Banks on Cash

Walmart got the entire financial services industry buzzing last week with its Walmart-2-Walmart domestic money transfer announcement....

Mobile Money Transfer, Americas, Walmart

Xpress Money Partners with Emirates India International Exchange

Xpress Money, the world’s most dependable money transfer brand, today announced a strategic partnership with Emirates India International Exchange, to offer superior remittance facilities to expats residing in the country....

Mobile Money Transfer, APAC, Xpress Money, Emirates India International Exchange

Walmart Introduces Exclusive Money Transfer Service, Cuts Fees by up to 50 Percent for Customers

Powered by Ria, Walmart-2-Walmart brings lower fees and simplicity to the money transfer market ...

Mobile Money Transfer, Americas, Walmart, Ria

How mobile money is changing Asia

Asia has been a world leader in mobile usage for three straight years. The region was home to more than half of the world`s mobile phone subscriptions in 2013, data from the International Telecommunication Union (ITU) shows....

Mobile Money Transfer, APAC

Watch Out PayPal? The Real Meaning Of A Facebook Money Transfer Business

The web-based money transfer market could be in for a large shakeup after it emerged Facebook is planning a money transfer business in Europe, expanding its existing options beyond the U.S....

Mobile Money Transfer, Americas, facebook, PayPal

Facebook Prepares A Money-Transfer Service, But Still Needs Trust

With more than 1 billion active mobile users, Facebook has the kind of scale to make any e-payments service jealous, but it could be years before the company gets that other important feature to running a viable financial business: trust....

Mobile Money Transfer, Global, Americas, facebook

Kenya shakes up mobile money by licensing three MVNOs

The Communications Commission of Kenya has licensed three new MVNOs – Mobile Pay, Finserve Africa and Zioncell Kenya – with the potential to disrupt the country’s mobile money market, currently dominated by Safaricom’s M-Pesa....

Mobile Money Transfer, APAC

Facebook plans to launch money transfer service in Europe

Social network Facebook is planning to launch a mobile money transfer service in Europe, as well as in developing countries. ...

Mobile Money Transfer, EMEA, facebook

Mobile payment app Venmo capitalizes on two tech trends

Social media and mobile payments have both seen huge growth in the past few years. That’s why one app, Venmo, has decided to capitalize on both those trends for an experience that appears to be gaining in popularity....

Mobile Money Transfer, Mobile Payments, Americas, Venmo

Zimbabwe: EcoCash Transfers Exceed U.S.$4 Billion

Econet Wireless' mobile money transfer service EcoCash has handled over $4 billion since inception in 2011....

Mobile Money Transfer, APAC, EcoCash

Airtel, MTN launch money transfer service in Africa

KOLKATA: South Africa's MTN Group and Bharti AirtelBSE 0.46 % inked a cross-border remittance pact Tuesday that will enable their respective mobile money customers in Ivory Coast and Burkina Faso to transfer cash between the neighbouring countries....

Mobile Money Transfer, APAC, MTN, Airtel

MoneyGram considers international mobile money transfer

Money Transfer Operator, MoneyGram says it would roll out international mobile money transfer service in Ghana if more consumers demand it and the requisite infrastructure is also deployed in the country....

Mobile Money Transfer, APAC, MoneyGram

Free mobile transfers for Nigerians through Transferbee

Transferbee, a UK based company, has launched a campaign, running until 1 May 2014, which enables Nigerians living in the UK to transfer money home to friends and family free of charge via their mobile phones....

Mobile Money Transfer, EMEA, APAC, Transferbee

Former Safaricom CEO launches M-Pesa in Europe

The former chief executive officer (CEO) of leading Kenyan operator Safaricom, Michael Joseph, has launched M-Pesa in Romania, the first European launch on the mobile money transfer system....

Mobile Money Transfer, EMEA, APAC, Safaricom, Vodafone, M-PESA

Vodafone launches M-Pesa mobile payment service in Europe

Since launching in 2007, Vodafone’s mobile payment service M-Pesa has transformed African finance. The firm is hoping the service will be popular in Romania, also...

Mobile Money Transfer, Mobile Payments, EMEA, Vodafone, M-PESA

Mobile money agents resist EcoCash directive

The Mobile Money Transfer Agents Association of Zimbabwe (MMTAAZ) is resisting a recent directive by Econet Wireless requesting its EcoCash agents to register at least five new subscribers per day, saying the directive should be backed by financial incentives....

Mobile Money Transfer, APAC, EcoCash

App of the Week: Square Cash makes it easy to send money to friends

Thanks to the continued growth of credit cards, it’s easier than ever to get through the day without touching a dollar bill....

Mobile Money Transfer, Americas, Square Cash

The world's unlikely leader in mobile payments: Kenya

M-Pesa, Kenya's mobile payment system, has revolutionized mobile technology for millions and provides the majority of the country's citizens with banking access, no matter how isolated they are....

Mobile Money Transfer, Mobile Payments, APAC, M-PESA

What’s the Best Way to Send Money to Friends and Family?

In a world where everything is done electronically, it’s downright frustrating to have to deal with splitting a bill or paying your portion of the rent. No one carries cash these days, and many millennials don’t even own a checkbook....

Mobile Money Transfer, Americas

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