africa mobile commerce Archives

Mobile commerce is taking off in Zimbabwe

07/26/201307/23/2013 Jennifer Goula

The entire African continent is experiencing some very important trends through the use of smartphones. According to data that has recently been released by TechCentral, both online and mobile commerce transactions have surpassed payments over credit cards in Zimbabwe. These digital purchases and funds transfers saw a growth of 28.3 percent during May 2013. This data was recorded by the Reserve Bank of Zimbabwe and was issued during the monthly economic review for that month. It indicated that while in April, the transactions made over the internet were worth approximately…

Mobile Payments from MasterCard are moving into Africa

11/21/201211/20/2012 L. Green

The credit card giant has partnered with Tutuka and Comviva for cashless money services. MasterCard has joined forces with the mobile payments service from Comviva, called mobiquity, and the prepaid processing platform from Tutuka, in order to offer a massive cashless money service throughout Africa. The company is offering several different options to the consumers in the continent. It stated that “The collaboration will enable Operators providing mobile money services using Comviva‘s mobiquity platform to offer their customers prepaid MasterCard cards or Virtual Card Numbers (VCN) linked to their existing…

Mobile commerce push requested by Telcos in Africa

11/19/201211/17/2012 Andrew Hobbs

Three telecommunications operators have made a call to the government of Ghana. The heads of the departments of mobile commerce among three telecom companies in Ghana have made a call to their government that has expressed the need for the assistance of federal officials and regulators to more actively push toward smartphone money awareness for more widespread acceptance. The companies feel that the penetration of 99.7 percent of cell phones in Ghana make a cashless society possible. They have expressed that mobile commerce through digital money will be a central…

Ericsson ConsumerLab highlights potential of African m-commerce

11/16/2012 Stephen Vagus

Ericsson ConsumerLab report signals promising growth of m-commerce in Africa Africa is home to a mobile commerce industry that is bursting with potential. As more consumers gain access to mobile devices in countries like Ghana, South Africa, and Tanzania, the demand for m-commerce services is on the rise. These consumers have shown a great deal of interest in shopping and purchasing products through their mobile devices. Ericsson ConsumerLab, a leading provider of communications technology and services, has taken note of the promise of the African m-commerce industry and has been…

Mobile payments taking another big step into Nigeria

11/12/201211/10/2012 Stephanie Beck

VTNetworks is rolling out its mcommerce products to allow for purchasing transactions. The emerging marketplace of Nigeria is getting another shot in the arm for its mobile payments sector, with the announcement from VTNetwork that it will be rolling out its Vcash service across the country. This will allow people throughout the nation to use their smartphones to make purchases. According to Peter Ojo, the VTNetwork CEO, the intention to roll out the mobile payments service “became a reality following the final regulatory approval from the Central Bank of Nigeria.”…