Mobile Banking

Africa News

The second day of Hanson Wade Microfinance Technology conference in Kuala Lumpur (June 25-27, 2012)started with my introductory focus on the impact of technology on costs.  Loans of small sizes have high fixed transaction costs which make lending to poor people difficult. With Microfinance, these fixed costs have...

Western Union Mobile Money Transfer Service was launched in Afghanistan jointly by Roshan, Afghanistan's leading total communications provider, and Western Union, a company that facilitates payment services, recently. This will enable Roshan's M-Paisa customers to receive money from abroad. M-Paisa was launched in 2008 and went on to become...

Three quarters of the world’s poor does not have a bank account, a new data released by the World Bank revealed. The reason cited was not poverty alone but also because of the cost, travel distance, and amount of paper work involved in opening one, says the World Bank. The people who do not have access to formal banking rely on money lenders,...

Titled as "Upwardly Mobile: An Analysis of the Global Mobile Payments Opportunity," this report looks at what the Mobile Payments opportunity could be and examines the factors that contribute to a successful Mobile Payments ecosystem.  The report also discusses about how mobile payment products that offer rural...

 

Microfinance Focus, February 29, 2012: This year’s third annual Mobile Money Americas conference and expo will be held from 26-29 march in Mexico City. The event is expected to gather American mobile money pioneers to share insights on launching, managing and expanding mobile money services into a...

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