China’s UnionPay has teamed with Société Générale and merchants in 8 African countries, namely Madagascar, Benin, Ivory Coast, Burkina Faso, Cameroon, Guinea, Senegal and Chad, to accept UnionPay cards.
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.
Last year Visa, Chase and Bharti Airtel launched the Airtel Money Visa Card in Kenya and this year are taking their partnership into seven new African markets. New Delhi-based Airtel is a global telecommunications company with operations in 20 countries across Asia and Africa.
Visa Inc.and FIFA’s exclusive Financial Services partner for the 2014 FIFA World Cup Brazil, today shared its global FIFA World Cup activation program, which will enhance the sporting experience for millions of fans, clients and partners in 104 countries worldwide. Engaging film and print spots featuring Nobel Peace Laureates, alongside dynamic and interactive social engagement programs, and a seamless in-stadium payment technology experience, enables fans at the tournament, or anywhere in the world, to be part of the FIFA World Cup celebration.
Western Union Company global payment services certified the Ericsson Wallet Platform, allowing Ericsson to offer its operator customers the ability to include Western Union® Mobile Money Transfers in their financial services portfolios. The Ericsson M-Commerce services portfolio is designed to unlock the potential of the mobile wallet, fast-track mobile operators’ time to market for deploying mobile financial services, and support the rapid adoption of m-commerce by their subscribers.
Western Union payment services expanded its “Mobile Money Transfer” allowing customers to send remittances to people in El Salvador who subscribe to Tigo Money mobile money service. Senders can send Western Union Money Transfer® transactions directly to receivers who subscribe to Tigo’s mobile money service for receipt on their mobile phones. Alternatively, for even more flexibility, senders can send Western Union Money Transfer transactions and then receivers can direct the funds into their mobile phones by dialing *555# and following the prompts. After receiving the funds, receivers can use them to top up their mobile phones.
Western Union global payment now has mobile money transfer agreements with a total of 26 mobile wallet providers in 22 countries.Twenty of these agreements are with mobile network operators, serving over 285 million subscribers, while the remaining six are with banks and independents. This after four new strategic alliances announced at the Mobile World Congress in Barcelona, including a strategic alliance with Ericsson to integrate the Western Union Mobile Money Transfer network and the Ericsson suite of mobile commerce solutions; an agreement with WIND Italy to launch a service to allow subscribers to send money-transfer transactions directly from their phones; an agreement with Roshan to introduce the Western Union Mobile Money Transfer service in Afghanistan; and an alliance with Millicom International Cellular S.A. to introduce cross-border mobile money transfers in Latin America.
Western Union global payment services and Roshan total communications partnered to kickoff the Western Union Mobile Money Transfer regionally. This will add international remittances to the “M-Paisa” service, part of the Vodafone mobile money family. This lets customers receive their salaries, pay bills, receive and repay microfinance loans, send and receive money and purchase airtime directly from their mobile phones. With the introduction of the new service, M-Paisa customers will be able to receive Western Union Money Transfer transactions from around the world directly in their mobile wallet accounts.
Western Union, a leader in global payment services, and Millicom International Cellular S.A. (Stockholmsbörsen: MIC), a leading mobile operator in 13 markets across Latin America and Africa operating under the Tigo brand, announced at the Mobile World Congress the signing of an agreement to introduce cross-border mobile money transfers in Latin America. The first cross-border…
Western Union global payment services, and WIND mobile operator teamed to offer consumers mobile money transfer. With this, WIND’s 21 million subscribers will soon be able to send Western Union money transfer transactions directly from their phones using WIND’s suite of services including apps and SMS. Subscribers will be able to send money from prepaid, credit, and debit cards; recipients can pick up their funds in cash at more than 450,000 Western Union Agent locations in 200 countries and territories around the world.
airtel Africa, Standard Chartered Bank and MasterCard were honored for mobile payments innovation at the 16th Annual Global Mobile Awards held during Mobile World Congress (MWC) 2011. The recently launched virtual card product, developed in collaboration between airtel Africa, Standard Chartered and MasterCard, received top honors as the Best Mobile Money Product or Solution. Honored by a panel of mobile industry experts, the virtual card product was recognized as an innovative mobile payments solution that will offer consumers in Kenya, and eventually across Africa, greater participation in the financial system through mobile commerce.
Mauritius Commercial Bank has deployed Level Four’s “ATM Developer”
automated testing solution. MCB has 146 ATMs through which it will
initiate the Level Four ATM open standards-based software. This will
allow MCB to automate ATM testing; speed deployment of new ATM software;
and reduce the amount of internal resource required. With “ATM
Developer,” MCB can perform thorough testing, carry out parallel testing
and respond to business requirements in considerably less time than its
previous manual testing process allowed. The new solution also allows
MCB to introduce BNA transactions, which require more frequent and
rigorous testing of the ATM network, streamline process and reduce the
time to market for new services. Level Four’s integrated BRIDGE suite of
open ATM software products have been developed to address the needs of
ATM deployers seeking to maximize their investment in the ATM channel.