Mobile Remittance

11 Jan 16 @ 13:17

A new study has found that UK banks charge small and medium sized enterprises (SMEs) nearly £4bn in hidden transfer fees each year to make international money transfer payments. 96% of... read more

07 Jan 16 @ 15:54

Saxo Payments and SafeCharge announced a partnership which will see SafeCharge  gain a significant competitive edge, enabling it to offer its clients fast and cost-effective banking services in multiple currencies. The... read more

10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

26 Oct 15 @ 14:24

Last week, P2P Bitcoin company Abra, announced that it will soon be available to all registered users in the US and Philippines and will also now offer services enabling merchants to... read more

30 Sep 15 @ 10:32

In a nod to how developed the Kenyan mobile infrastructure, including mobile payments are, the Government plans to float its first-ever Bond, to be offered exclusively via mobile phone – pointing to... read more

28 Sep 15 @ 16:50

New findings released from an Asia Pacific study shows the current state of digital payment adoption and how new Internet-based services affect payment trends across Australia, China, India, Indonesia, Japan, Malaysia,... read more

07 Sep 15 @ 15:48

As the gloves come off in the battle between Equity and Safaricom, Equity Bank has written to the financial sector regulator protesting Safaricom’s increase of M-Pesa tariffs on transfers made... read more

07 Sep 15 @ 15:37

Moldindconbank, one of Moldova’s largest and most innovative banks, has launched a cardless, cash money transfer service. The service, developed by OpenWay, makes it possible to receive a cash money... read more

04 Sep 15 @ 12:50

The four leading Luxembourg retail banks and Digicash Payments have launched a P2P payments feature called Digicash TRANSFER. Users can send up to €10,000 to a recipient’s mobile phone number, using... read more

03 Sep 15 @ 16:33

Dwolla has launched a “white-label” payments processing service, meaning other businesses and banks can sign on to use Dwolla’s money-transfer system, but won’t have to put Dwolla’s label on it. Dwolla CEO Ben... read more

01 Sep 15 @ 13:15

Safaricom has introduced new charges for the transfer of funds from customers’ bank accounts to third-party M-Pesa wallets – sealing a loophole that lenders have been using to by-pass Safaricom when sending money. The... read more

12 Aug 15 @ 17:31

The mobile channel is catching up with the internet and branch as the most popular banking channel for US consumers, according to an American Bankers Association (ABA) survey. The ABA... read more