ITWeb OTR: Mitsumi enters SA as Samsung's newest distributor
Samsung South Africa has appointed Mitsumi Distribution as an authorised B2B distributor for its mobile portfolio, in a partnership announced on 17 September. Justin Hume, vice-president of Mobile Experience at Samsung South Africa, and Manoj Patt, head of business unit at Mitsumi Distribution, explain what the deal means for SA resellers, enterprises and consumers. They cover underserved retail channels, device financing for unbanked buyers and how the two companies will measure success.
The company is stepping up its push into SA, betting that AI-driven credit scoring can unlock financial services for millions of people.
While mobile technology brought financial services closer to the unbanked, AI holds the power to make them truly inclusive.
The rise of fintech and mobile money in Africa is spurred on by providing financial freedom to the unbanked, says 4C Group.
The company received the award at the Africa Bank 4.0 Awards 2023 for enabling credit access to the unbanked in Africa.
The financial products and services app is primarily targeted at people and businesses in the townships and rural areas.
Cash may have traditionally been king, but the coronavirus pandemic is contributing to a faster pace of mobile money adoption across the continent.
The volumes of money sent via the platform grew 19% to 46 million transactions by the end of June, says the bank.
The World Economic Forum's new financial inclusion metrics will help the world's unbanked access digital payments, savings accounts and loans.
The mobile operator has four million mobile payment customers across the continent.
The next wave of mobile applications will be aimed at meeting the basic needs of the under-served billions.
African subscribers to Canal Plus Afrique TV services can now pay for their subscriptions via their mobile phones.
Fundamo's Hannes van Rensburg has a calm and measured approach to life and business.