Sentences with phrase «mobile money services»

From the above, the emergence of mobile money services has been of immense blessing to the nation.

Payments can be made or received from popular mobile money services, as well as transmitted to businesses bank accounts within a day.

«As the first comprehensive Mobile Money service in the world to be integrated with any messaging platform, pioneering the approach of turning a social network into a payments network, BBM Money brings second - to - none convenience to Indonesian consumers and businesses.»

Kenya has experienced an e-commerce boom, buoyed in part by ubiquitous mobile penetration that currently stands at over 90 %, increased smartphone use, and a mobile - first strategy that allows customers to pay for goods and services online through mobile money services like M - Pesa.

Zimbabwean cryptocurrency exchange Golix has enabled mobile money services for customers who need to deposit and withdraw funds from their...

Zimbabwean cryptocurrency exchange Golix has enabled mobile money services for customers who need to deposit and withdraw funds from their Golix wallets using alternatives to bank accounts.

That wariness has been shared by the governments of Egypt, Nigeria, and Tanzania, and by giant telecom operators such as Safaricom — 35 % of which is owned by the Kenyan government — which terminated bitcoin trading platforms like Kipochi from using their dominant mobile money service M - Pesa.

Unemployment had been with us for years and when in 2009 telecommunication giant, MTN introduced Mobile Money services it was welcomed and hailed by many and the reason was obvious; it was an opportunity to take advantage of rising unemployment situation, growing number of the unbanked population and massive progress in ICT or telecommunications.

New Delhi: Finnish handset maker Nokia Tuesday said it is consolidating its business to focus on handset business and will exit from mobile money service as it does not form core of handset business.

The Telcom new mobile money service, T - Kash, is expected to join in on the interoperability at a later date.

Crucially, the new organization will partner a host of other institutions such as Ghana Investment Promotion Centre, providers of mobile money services, cooperatives, Town & Country Planning Department, Council for Scientific and Industrial Research, National Board for Small Scale Industries, GRATIS Foundation, Venture Capital Trust Fund, the commercial and investment banks, insurance companies, and of course, the District Assemblies themselves.

This focus on serving unbanked communities may also shed light on a deal announced today between PayPal and M - Pesa, a mobile money service based in Kenya.

Sitoyo Lopokoiyit, the director of financial services at Safaricom, says the latest move is part of a strategy the company has embarked on in the last two years to get more people to do more digital transactions through its mobile money service.

According to figures available, MTN which pioneered the Mobile Money services in Ghana had registered over 2 million subscribers as at October 2010 and were expecting that figure to quadruple in subsequent years since mobile phone users at the time was some 15,000,000.

The results has been the huge figures recorded by both the central bank and the telecommunication companies as transaction volumes year on year basis for the past nine years as well as the many of our compatriots who have had gainful jobs through the mobile money services.

In a country where close to 80 percent of the population are unbanked, Mobile Money service, popularly referred to as MoMo transformed the banking industry while promoting financial inclusion using proximity and access in a convenient way.

Like it or not, the Mobile Money services has done to us so much good.

In terms of employment, the mobile money service alone has created jobs for 194,000 vendors nationwide, a significant growth from the 136,000 figures the previous year and that is direct jobs alone.

«I protested until they went to bring the parents of the children who also told me they need the ID cards for mobile money services but I managed to prevent them» he added.

«This mobile money service is aimed at reducing bulk money transactions which attracts armed robbers and unnecessary spending.