payvia direct carrier billing mobile payments partnered to integrate its mobile payments technology with Mobile-XL, whose feature phone browsing platform provides access to digital services such as Facebook, Twitter, email, news, sports and games for millions of people in Africa and India. Mobile-XL browsers use SMS as a data channel, creating an innovative solution that gives feature phone users access to a wide range of digital content. By adding payvia’s mobile checkout into services on the Mobile-XL browser, the partnership will let consumers purchase digital goods and services with two-click payments made from their prepaid carrier airtime. This means that millions of feature phone users will have a fast and secure way to transact across services like social media, communications, news and games, without requiring a bank account or credit card.
Visa research now shows consumers in six developing countries are already highly aware of mobile money services. Nearly 90% of consumers surveyed expressed interest in making use of these services in the future. The study also found that security concerns associated with carrying cash and the need to quickly send money to family members living…
The Western Union Company and MTN Group announced the launch of a mobile money transfer service in Uganda, allowing MTN customers to send and receive money across borders using just their mobile phones for the first time. The service, announced today at a press conference in Kampala, marks the debut of an offering from Western…
Visa is now allowing access to secure financial services and electronic payments to consumers in developing countries for unbanked and under-banked consumers with a mobile prepaid account. The globally interoperable electronic payment account will be offered to MTN Mobile Money customers across its markets, first to customers in Nigeria and Uganda. This allows account holders to send funds to each other, send and receive international remittances, make purchases at merchants or online where Visa is accepted or withdraw funds at a Visa ATM.
PayNearMe cash payment network announced its new service allowing consumers to pay cash for value remittance services, including international mobile top-up, bill pay and gift carding. Mobile operators and value remittance providers can work with PayNearMe to offer their prepaid mobile subscribers the ability to add minutes to their accounts at any one of the nearly 6,200 7-Eleven stores across the U.S. without the need for dedicated cards. Also, consumers in the U.S. can pay bills or load gift cards on behalf of friends or family members outside of the country. PayNearMe doesn’t require a dedicated in-store card for these transactions, which makes it easier for providers who do not currently have distribution in 7-Eleven stores. For the unbanked and those who prefer to pay with cash, PayNearMe delivers a convenient option to top-up an account anywhere in the world. ALl they have to do is go to a participating 7-Eleven store to pick up a free PayNearMe Card and text the card number to PayNearMe. They then present the card along with cash at the register and receive a customized receipt summarizing the transaction.
The Travelex “OceanPay” Program has been awarded the 2011 Paybefore Awards “Best in Category” winner in the Most Effective Prepaid Solution category. Selected by a panel of five industry experts who served as judges for this year’s competition, Travelex “OceanPay” was chosen for its currency exchange and money transfer services, companion cards, on-board card printing and encoding and free Internet connectivity. Paybefore Awards recognize excellence in the prepaid and stored value card industry with these awards presented annually by Prepaid Media.
Prepaid Solutions has signed contracts for its “OceanPay” maritime payroll product with International Cruise Management Agency (ICMA), Apollo Ship Chandlers and The Image Group. The “OceanPay” proprietary, comprehensive payroll solution is designed to mitigate the unique challenges and concerns of existing payroll processes faced by the maritime industry. The fully turnkey solution provides currency exchange and money transfer services, companion cards, on-board card printing and encoding and free Internet connectivity.
MTN Group EMEA mobile operator and Western Union global payment services have inked commercial agreements to introduce international mobile remittance services in the 21 countries where MTN operates. This service will allow MTN subscribers to conveniently send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts, which will first be introduced in Uganda. Uganda receives nearly US$500 million in remittances every year, making up 3% of the country’s GDP. An MTN subscriber who receives a Western Union Money Transfer transaction in his MobileMoney account will be able to use the funds to pay bills or withdraw cash at MobileMoney Agents or any participating ATM.
MTN Group EMEA mobile operator and Western Union global payment services have inked commercial agreements to introduce international mobile remittance services in the 21 countries where MTN operates. This service will allow MTN subscribers to conveniently send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts, which will first be introduced in Uganda. Uganda receives nearly US$500 million in remittances every year, making up 3% of the countryÂ´s GDP. An MTN subscriber who receives a Western Union Money Transfer transaction in his MobileMoney account will be able to use the funds to pay bills or withdraw cash at MobileMoney Agents or any participating ATM.
Oberthur and smart card provider Sicap have entered into an agreement to provide a joint Full Device Management platform.
The solution offers real time
configuration, updates and management of both devices and SIMs. This
solution provides a unique customer care interface and can be operated
as a single platform with common hardware, software, and administration
either in the mobile operator premises or in Oberthur Technologies or
SICAP certified datacenters. It also enhances the user experience by
aligning services to the capabilities of each specific handset and SIM. When deploying new services, mobile operators need to reach as many
subscribers as possible. With heterogeneous application components
sitting in both handsets and SIM cards in end-user environments, the
level of interdependency between devices and SIM cards has increased to
a point where their side-by-side management is no longer sufficient.
Clickatell and Fundamo have partnered to deliver mobile banking
solutions to financial services institutions. The partnership has its
sites set on the US$5 billion growth in mobile banking projected over
the next three years in emerging markets. Offering convenience and
security while advancing un- and under-banked market by reducing the
need for physical branch, Clickatell and Fundamo are both experienced in
mobile banking, mobile wallet, and mobile money transfer services to
financial services institutions and mobile network operators.
Clickatell’s banking customers have already seen a 40% reduction in
fraud across its 775 networks by offering real-time SMS alerts to 8,300
financial institution customers in more than 200 countries.
MTN Uganda multinational telecommunications has chosen Gemalto’s
comprehensive solution for the deployment of its nationwide mobile
payment program. Supplying MTN server integration services as a
technological partner, Gemalto is to provide accessibility to its server
to interconnect operators with banks and its SIM cards to execute the
m-payment application. The Gemalto solution provides secure, convenient
and affordable means for MTN Uganda subscribers to carry out
peer-to-peer fund transfer using their mobile phone, affording the
utility of a bank account and Internet access. Service deployment began
March of 2009, having hosted nearly 180,000 m-payment transactions, MTN
Uganda is part of the MTN Group operating in 21 countries in Africa and
the Middle East serving over 100 million subscribers and Gemalto digital
security had 2008 annual revenues of EUR1.68 billion, employing 10,000
through its 75 offices in 40 countries.