Hello Paisa & HomeSend
HomeSend, the international payment and money transfer hub, has launched live remittance services for Johannesburg-based Hello Paisa, a South African money transfer operator.
Other Breaking News
CardFlash News Briefs: GPN (talech); MYPINPAD (VocaLink); AZIMO (Nigeria); and UNIONPAY (Hong Kong).
Seamless 3Q/15
Sweden-based Seamless posted third quarter revenue of SEK 75 million, an increase of 75% compared to the same period last year. The Company’s Flagship product, SEQR, is now looking for one or more co-investors.
Other Breaking News
In today’s CardFlash News Que: NAB (Poynt); BUZZ POINTS (INOVA);
MASTERCARD (Hemas); and MasterCard (Africa).
Tata & MasterCard
At the Clinton Global Initiative (CGI) Annual Meeting closing plenary, Tata Communications and MasterCard announced a CGI Commitment to Action to financially empower 25,000 women in the developing world, part of a larger vision to ultimately reach 100 million women.
Digital Wallets
A new MasterCard study reveals digital wallets are the main topic of discussion online when it comes to payments innovation in some of the world’s biggest emerging markets including India, China, Indonesia, Malaysia, Nigeria and the UAE.
HomeSend Expansion
HomeSend, a joint venture between MasterCard, eServGlobal and BICS inked a deal with Dialog Axiata to make international remittance services available to millions of consumers across Sri Lanka. HomeSend and Azimo also announced the launch of new mobile wallet services in ten countries throughout Africa and Asia-Pacific – reaching millions of mobile money subscribers.
Mobile Money Boom
Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services – with $2bn in revenues forecast for this year and $4bn annually 2018.
Consumer Confidence
Global discretionary spending intentions declined or remained steady in the first quarter across all lifestyle categories. While confidence across global regions remained relatively stable in the first quarter, there is considerable variation across different markets.
JCB Jordan
JCB and Middle East and Africa electronic payments processor, Emerging Markets Payments (EMP) inked a deal for JCB card acceptance at more than 15,000 locations in Jordan, including all of the company’s point of sale (POS) terminals in the country.
Unified Payments & MC
Lagos-based Unified Payment Service Limited has been granted an acquiring license that is expected to broadly increase the acceptance of MasterCard payment cards in Nigeria.
Vodafone & MTN
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.