Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

Source: investopedia.com

The African Mobile Money Tax Experiment
The African Mobile Money Tax Experiment
July 07, 2022  |  Mobile Payments

After years of sustained growth, the mobile money sector in Africa is changing. Up until recently, mobile money has been seen as a substitute for...

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The Changing Face of Mobile Money in Ghana
The Changing Face of Mobile Money in Ghana
July 05, 2022  |  Mobile Payments

In June, Ghana’s central bank launched GhanaPay, a mobile money wallet for savings and loans companies and banks, including rural and community banks. Developed through...

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Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
July 05, 2022  |  Investments

South African mobile payments platform Zapper is exploring its capital-raising options, including launching a sale to buy stake in the startup, in an effort to...

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Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
Goldman’s Ability to Absorb Losses at Marcus Unit Keeps Neobanks on Edge
June 28, 2022  |  Digital-First Banking

There’s an old saying in the newspaper business: Never argue with someone who buys ink by the barrel. The implication of that statement is that...

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Mobile eCommerce Offers Landscapers Speed, Transparency by the Truckload
Mobile eCommerce Offers Landscapers Speed, Transparency by the Truckload
June 28, 2022  |  B2B Payments

When builders or landscapers order rock, sand, gravel or asphalt by the ton, there are several pieces that need to come together. They need to...

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Meta Rebrands Facebook Pay to Meta Pay
Meta Rebrands Facebook Pay to Meta Pay
June 23, 2022  |  Digital Payments

Meta announced Thursday (June 23) that it is renaming Facebook Pay into Meta Pay, bringing the offering in line with the company’s rebranding that began...

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Everyware Adds Splitit Installments to Its Pay By Text
Everyware Adds Splitit Installments to Its Pay By Text
June 23, 2022  |  Mobile Payments

Splitit is partnering with contactless pay and customer engagement solutions firm Everyware in order to add Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform,...

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Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
June 21, 2022  |  Mobile Payments

“M-Pesa is a barometer of what’s happening in the [Kenyan] economy and how customers are behaving.” That description by Peter Ndegwa, CEO at Nairobi-based tech...

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Mobile Payments a Win-Win For Mechanics, Drivers
Mobile Payments a Win-Win For Mechanics, Drivers
June 16, 2022  |  Mobile Payments

When a car is in the shop, customers and service advisors alike benefit when they have access to instant communication and fast payments.  For customers,...

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