Telkomsel Indonesia has launched its digital wallet for its 140 million subscribers. The TWallet is powered by Mozido in partnership with Verifone, and Finnet Indonesia.
MobileRecharge.com will launch the World Top Up Day on November 10 to celebrate, for the first time in history, top up senders worldwide. The organizers announce the best offer possible for November 10: NO FEES when making a top up to a mobile abroad on Mobilerecharge.com that day.
SwaziBank has launched the MasterCard Festive Campaign in Swaziland to reward the banks customers for purchases made on weekends only during the months of October to December 2015, when they use their MasterCard debit card for purchases at selected malls.
African mobile money service facilitates users to perform secured mobile payments and transfers over their mobile phones. Moreover, this service helps users to send and receive remittances, pay bills, make airtime transfers, receive and send money to near and remote locations, and enable movie or travel ticket purchases, among various others.
The Orios Smart TopUp solution allows any bank customer to buy airtime directly from their savings or checking account from anywhere in the world in just one simple step by dialing a USSD short code and amount of airtime to be purchased.
Toronto-based TransferTo and PayPal have teamed to offer mobile airtime top-up in Canada. Without any transfer fees, Canadians can now use their PayPal account to instantly top-up prepaid mobile phones of their relatives and friends that are registered with over 400 carriers in more than 100 countries.
Western Union and MTN Group have teamed to launch a new mobile money transfer service in Rwanda and Ivory Coast. The new service allows MTN customers in both countries to receive a Western Union Money Transfer® transaction in their mobile wallet.
Tanzania’s largest bank launched its range of MasterCard debit cards, including the Tanzanite, Titanium and the first World Rewards card in the country.
CardWeb.com’s CardData Reports today features the “Mobile Money Market” report from MarketsandMarkets. The report defines the global market based on various transaction modes, nature of payments, location types, types of purchases and industrial verticals with an in-depth analysis and forecasting of market sizes.
Vodafone Group and MTN Group have inked a deal to interconnect their mobile money services. This will enable customers of M-Pesa and MTN Mobile Money in East Africa to transfer money to each other.
According to new research the mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a compound annual growth rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. In terms of regions, MEA is expected to be the biggest market in terms of market size, whereas APAC and NA are expected to experience increased market traction, during the forecast period.
Africa’s largest remittance market is about to get bigger with the new partnership between eTranzact International and MasterCard. The deal has the potential to open up new remittance corridors, expand the scope of cashless money transfers, extend financial inclusion and support the growth of the economy in Nigeria.