Showing posts with label Tanzania. Show all posts
Showing posts with label Tanzania. Show all posts
Saturday 27 December 2014
Will Africa’s Mobile Money Revolution Take Hold?
From AFK Insider -
“When mobile network operator (MNO) Safaricom launched its M-Pesa mobile payments system in Kenya seven years ago, few business models were as ripe to explode. With extremely high mobile penetration rates, a high proportion of unbanked households, a regulatory system that allowed telecoms companies rather than banks to lead the way, and a migrant population suffering from expensive domestic remittances, it is little wonder that more than two-thirds of Kenyan adults use the service today.
In fact, M-Pesa has become the largest driver behind financial inclusion in Kenya. Today, 66.7% of the country’s residents have access to formal financial services, compared to just 41.3% in 2009. In addition, 43% of Kenya’s GDP passes through M-Pesa.
But the service, which has also been quite successful in Tanzania, is not just the continental leader in mobile payments. It can additionally boast of operations in non-African countries where its parent company, Vodafone, operates, including Afghanistan, India, and even EU-member Romania.”
Read more>>
Labels:
Afganistan,
africa,
India,
Kenya,
M-PESA,
mobile banking,
mobile payments,
Romania,
Tanzania
Tuesday 26 March 2013
What we are reading … 26th March 2013
Starbucks's Shoddy Square Rollout Baffles Baristas, Confuses Customers http://dld.bz/cs8dP
Regulators Not Prepared for Financial Services Cloud and Mobile Adoption http://twb.io/Yo8QEt
6 Big, Hairy Innovation Ideas from Bank Innovation 2013 - http://dld.bz/cs2s7
Is Regulation the Newest Banking Bubble? http://dld.bz/cs2s3
The Unknown Costs of Dodd-Frank Banking Regulations http://soa.li/QabcSQe
Libor Still Big Threat For Banks As Freddie Mac Sues Dozens Over Losses http://onforb.es/XZu5A6
Human Frailty Lets Cyber Thieves Attack, Expert Says http://dld.bz/cs2sx
South Africa: Mobile banking is still waiting to take off http://shar.es/eyOZR
Five Ways to Stimulate Electronic Payments http://www.finextra.com/Community/FullBlog.aspx?blogid=7471
A bank in your pocket: The mobile money revolution in Tanzania http://shar.es/eOVQb
Regulators Not Prepared for Financial Services Cloud and Mobile Adoption http://twb.io/Yo8QEt
6 Big, Hairy Innovation Ideas from Bank Innovation 2013 - http://dld.bz/cs2s7
Is Regulation the Newest Banking Bubble? http://dld.bz/cs2s3
The Unknown Costs of Dodd-Frank Banking Regulations http://soa.li/QabcSQe
Libor Still Big Threat For Banks As Freddie Mac Sues Dozens Over Losses http://onforb.es/XZu5A6
Human Frailty Lets Cyber Thieves Attack, Expert Says http://dld.bz/cs2sx
South Africa: Mobile banking is still waiting to take off http://shar.es/eyOZR
Five Ways to Stimulate Electronic Payments http://www.finextra.com/Community/FullBlog.aspx?blogid=7471
A bank in your pocket: The mobile money revolution in Tanzania http://shar.es/eOVQb
What You Need To Know To Win The Mobile Wallet War http://dld.bz/cs2sn
Monday 18 February 2013
Mobile banking helps to empower Tanzanian women
“The ability to exchange money and make payments with smartphones is placing power in the hands of women.
The GSMA mWomen Programme is working in combination with Bankable Frontier Associates (BFA) and Visa in five different countries in order to help to better use mobile banking to reach women who are underserved and whose needs can be directly met by this technology and its associated products.”
The GSMA mWomen Programme is working in combination with Bankable Frontier Associates (BFA) and Visa in five different countries in order to help to better use mobile banking to reach women who are underserved and whose needs can be directly met by this technology and its associated products.”
Labels:
mobile banking,
Tanzania
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