ITWeb TV: The state of digital payments in SA | Episode #131
In this episode of ITWeb TV, Kitso Lemo, associate director at Boston Consulting Group, discusses how technology is reshaping payments in South Africa and the role of fintech innovation in driving financial inclusion. #Fintech #FinancialInclusion #DigitalPayments
ITWeb TV: Africa’s remittances evolve from bus drivers to digital wallets | Episode #80
In this episode of ITWeb TV, Cornelius Coetzee, country director for Verto South Africa, speaks to Admire Moyo, ITWeb news editor about the evolution of Africa’s cross-border payments landscape. #Remittances #CrossBorderPayments #MobileWallets #ApplePay #GooglePay
An MTN Nigeria subsidiary receives a licence from the country’s central bank, to provide financial services.
More people have mobile money accounts than bank accounts in Kenya, Madagascar, Tanzania and Uganda, according to a GSMA survey.
The operator partners with the Bank of Athens to offer any South African with a cellphone a mobile bank.
To save hours of queuing, the mobile payment system aims to give parents a convenient way of paying fees.
Many are adverse to 'plastic money', and e-commerce suffers delivery bottlenecks, says Intrepid Data Systems.
Criminals can intercept mobile banking data while it is being transmitted, or when it is stored on servers.
Rivalry between Airtel and Safaricom increases as the two operators unveil similar virtual credit card payment services.