Mobile On Money

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Victor Olojo is president, Association of Mobile Money Agents of Nigeria. In this interview with Yetunde Oladeinde, he talks about the prospects, challenges and more of the mobile money space. What is the Association of Mobile.

JAMAICA is not too far away from seeing money remitted from overseas being sent to mobile phones. The Development Bank of Jamaica’s (DBJ’s) non-commercial pilot, which will test loan disbursements over mobile networks over the next.

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With such phones now so commonplace, a new opportunity beckons: mobile money, which allows cash to travel as quickly as a text message. Across the developing world, corner shops are where people buy vouchers to top up their.

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The future of banking is in your pocket. According to the World Bank, more then 2.5 billion people don’t have access to banking services. In many parts of Africa and Central Asia, fewer than 15 percent of adults have an account with a.

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The use of electronic money transfer through cellular networks (‘mobile money’) is rapidly rising in the developing world. The resulting electronic currency ecosystem could improve the lives of the estimated two billion people who live on less.

Anyone who has recently spent time in Kenya, Zimbabwe or Tanzania will have noticed the pervasive influence of mobile money on everyday life. People use it for a wide range of purposes from buying airtime to paying taxi drivers to making.

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At the end of May 2017, Paytm – India’s largest mobile money company – launched Paytm Payments Bank, having received the last clearance from the Reserve Bank of India (RBI). “We wish to acquire 500 million new customers and.

Museveni’s PGB guarding witnesses Mobile money services in Uganda are coming under scrutiny and what is emerging is troubling. At the centre of the saga in which President Yoweri Museveni is personally involved, is Uganda’s biggest.

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T-Mobile on Wednesday continued to push the boundaries of what defines a mobile carrier by announcing Mobile Money, a new personal finance service that lets customers store and manage their money with the Seattle-based.

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Mobile banking with U.S. Bank lets you view your balance, make transfers—even send money—all from your mobile phone.

The use of mobile phones to transfer money, make payments and access financial services has revolutionized the lives of millions of people who have never had access to traditional banking services. Particularly in emerging markets, "mobile.