Friday, October 14, 2011

International Scheme for mobile payments

Do you think there would be an international scheme for mobile payments? something that is similar to Visa and MasterCard?

MTN gets $200m in money transfers

Uganda's leading telecommunications operator MTN last month recorded over $200m (Ush520b) in mobile money transfers a sign showing positive growth in the newly invented venture in the country.
http://www.busiweek.com/11/news/uganda/1790-mtn-gets-200m-in-money-transfers

UN launches phone-based scheme to help poor Ivorians buy food

The United Nations has launched a pilot programme that uses mobile telephone technology to facilitate cash transfers to help thousands of poor people that were badly affected by the post-election crisis in Côte d’Ivoire to buy food.
Very good article about regulating the Mobile Money services
The interesting part, is we are still seeing more and more advanced MMS (Mobile Money Services) in developing Africa while still on the drawing board in developed countries…

Mobile remittance service to connect Morocco and Belgium

A new remittance corridor has been launched connecting Morocco to Belgium. The initiative has been implemented by Moroccan money transfer specialist Wafacash – a subsidiary of the Attijariwafa Bank Group – and MFS provider BICS, a part of the Belgacom Group.
http://moroccoworldnews.com/2011/10/mobile-remittance-service-to-connect-morocco-and-belgium/

NCR, PayPal and S1 offer P2P payments through ATMs


NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.

http://www.finextra.com/news/Fullstory.aspx?newsitemid=23051
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