MFS Africa and Paga have partnered to connect Paga users and Nigerian bank account holders to remittance senders from around the world.
Indian mobile wallet firm Paytm has set 23rd May as the launch date for its payment bank.
International mobile payment network TerraPay has obtained regulatory approval from the Bank of Tanzania to launch International Money transfer services to mobile wallets in the country.
Indonesia is set to receive a new mobile payments platform following the announcement of a joint venture between media firm Emtek (Elang Mahkota Teknologi) and Alipay’s parent firm Ant Financial.
Telkom Kenya is switching out its Orange Money service for a new platform in order to better compete with Kenya’s mobile money market leader, m-Pesa.
Singaporean ride-sharing platform Grab is acquiring Indonesian online payments provider Kudo.
India has become the twelfth market to receive Samsung’s mobile payments service.
China saw a surge in mobile payments across 2016, with transactions up by 86% over the year to 25.7 billion.
Kenya is launching its mobile money-exclusive government bond this week.
The Reserve Bank of India is reportedly drafting guidelines that will allow for direct money transfers between the apps of different mobile wallet providers, removing the need for a traditional bank.
Upstart Indian operator Reliance Jio has struck a deal with Uber to allow the platform’s users to pay their cab fares via its JioMoney digital wallet.
EcoCash, the leading Zimbabwe mobile payment solution, has partnered with leading B2B cross-border mobile payments network TransferTo.
Mahindra Comviva has made its digital payment solutions mobiquity Wallet and payPLUS available via the cloud.
Digital money transfer provider SimbaPay is now providing transfer services to Ghana and Uganda.
Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates.
MTN Uganda has announced the launch of outbound mobile money transfer services to Rwanda and Kenya.
Cable & Wireless Communications (C&W) has partnered with Juvo to boost access to mobile credit services and drive financial inclusion across 15 Caribbean markets.
Brazil’s Banco Neon has selected Gemalto to deliver Visa Quick Read debit cards to its customers.
Bank Albilad has formed a strategic partnership with CashU to develop innovative payment products and services for Saudi Arabia’s fast growing electronic payments market.
Vodafone M-Pesa is simplifying mobile money payments and cash collection with businesses by implementing Ericsson’s M-Commerce Interconnect (EMI) service.
Apple is launching Apple Pay in Russia via a partnership with Mastercard and local bank Sberbank.
MTN has shut down its mobile money offering in South Africa.
The GSMA has announced that all three mobile money providers in Madagascar – Airtel Money, mVola and Orange Money – are rolling out interoperable mobile money services across the entire country.
Orange has received Electronic Money Establishment (EME) licences in four African markets - Côte d’Ivoire, Guinea, Mali and Senegal.
Iraqi mobile payments company Iraq Wallet has expanded its ZainCash service by introducing an online payment solution, ‘Pay with ZainCash’.
