african Mobile payments Archives

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 payments are rapidly evolving in Africa

10/30/201210/29/2012 Jennifer Goula

Though M-Pesa from Kenya is still the most successful, the market is growing quickly. M-Pesa, the mobile payments program from Kenya’s Safricom, is easily the top form of smartphone transaction in Africa, but that marketplace is rapidly growing and evolving with many other players taking part. Many are surprised to find that there are parts of Africa where its competitors are in the lead. Africa is one of the regions where mobile payments are taking off like wildfire. In fact, the population appears to be making massive move toward a…