Sentences with phrase «mobile money system»

Somalia represents an interesting contrast to neighbouring Kenya - where mobile penetration is alleged to have reached 80 % - and mobile money system M - Pesa, powered by SMS technology, has achieved relatively impressive adoption.

«From my personal experience, anytime I sell my cocoa beans, my expenditure naturally increases and this render me to spend out of my budget, I am confident we the cocoa farmers will save enough money and optimistic, if government and other cocoa buying companies transact with the farmers through a mobile money system, would improve the cocoa farmers economic life,» he said.

Last month, the Bill and Melinda Gates Foundation awarded bitcoin startup Bitsoko $ 100,000 to help troubleshoot Africa's mobile money systems.

Last month, the Bill and Melinda Gates Foundation awarded bitcoin startup Bitsoko $ 100,000 to help troubleshoot Africa's now - ubiquitous mobile money systems.

Not exact matches

# 5 — New tech — VoIP, mobile phones and the paperless office New technology can represent a great way to save money, so investigate using a VoIP phone system rather than a more expensive conventional land line provider.

Chinese people use their dueling mobile payment systems to settle their restaurant tabs, to shop online, to pay their utility bills, to rent bicycles and even to put money into investments.

Well, aside from the fact that you are saving tons of money by using smartphones for GPS tracking instead of a costly system that requires a tracking device and a navigation system, it also opens the possibility of applying GPS tracking to all types of mobile workers — not just vehicle drivers.

New payment systems attempt to provide security, reduce fees and deliver greater convenience by moving money instantly through devices as common and familiar as our mobile phones.

Samsung Electronics announced that its mobile payments system, Samsung Pay, will now offer money transfer services at some Korean banks.

The money — expected to be allocated in the preliminary budget — will be used to replace boiler systems with chronic outages, rent mobile boilers for emergencies, seal up windows and hire temporary repair staff, according to de Blasio's office.

The Vice President, Dr Mahamudu Bawumia, has launched the first mobile money payments interoperability system in Ghana.

Ghana now has the most advanced electronic payments system on the African continent, following the launch of the Mobile Money Payment Interoperability System last week, and this will allow for greater financial inclusion, the Vice President, Dr Mahamudu Bawumia, has decsystem on the African continent, following the launch of the Mobile Money Payment Interoperability System last week, and this will allow for greater financial inclusion, the Vice President, Dr Mahamudu Bawumia, has decSystem last week, and this will allow for greater financial inclusion, the Vice President, Dr Mahamudu Bawumia, has declared.

While some countries on the continent have the «standard» mobile money interoperability system, which allows seamless transactions between customers of the various telecom service providers, Ghana's system allows transactions between telcos as well as banks, making financial services more accessible to the populace.

Vice President Bawumia launched the first mobile money payments interoperability system in Ghana on Thursday 10th May, 2018.

The launch of mobile money payment interoperability system is expected to largely eliminate the difficulties associated with traditional banking services, such as the difficulty in opening bank accounts, the high costs associated with maintaining a bank account relative to customers» income levels, the need to have basic literacy, administration and record keeping abilities and English - language capacity to operate a bank account, and the sheer intimidating nature of banking halls.

General News of Tuesday, 15 May 2018 Source: Starrfmonline.com Deputy Information Minister, Kojo Oppong Nkrumah The Government has hit back at the former deputy Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama over claims that the previous management of the Central Bank committed only cents 300,000.00 to Sibton Switch Systems to execute the controversial Mobile Money Interoperability platform.

Business News of Monday, 14 May 2018 Source: classfmonline.com play videoFormer Governor, BoG, Dr. Abdul - Nashiru Issahaku Former Governor of the Bank of Ghana, Dr. Abdul - Nashiru Issahaku, according to his former Second Deputy Governor, Dr Johnson Asiama, is the author of a 15 - point statement which denies assertions that the central bank, under his tenure, allotted GHS4.6 billion ($ 1 billion) to the mobile money interoperability system which was meant to be done by Sibton Switch.

Business News of Tuesday, 15 May 2018 Source: citinewsroom.com Archie Hesse, Chief Executive Officer of the Ghana Interbank Payment and Settlement System (GhIPSS) The Chief Executive Officer of the Ghana Interbank Payment and Settlement System (GhIPSS), Archie Hesse has refuted assertions that the mobile money interoperability project recently launched by the Vice President is not working.

Dr. Asiama made the revelation on Starr Today Tuesday evening in response to government's claim that the regulator borrowed $ 4 million to the Ghana Interbank, Payment and Settlement System (GHiPSS) to roll out the mobile money interoperability platform.

«We, additionally, request to be furnished with all relevant documents pertaining to the new contract signed with the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to execute the Mobile Money Interoperability project,» OccupyGhana demanded.

Archie Hesse is confident that interoperability will compliment mobile money in driving lots of cash into the banking system so that the state will have enough money for infrastructural development.

The Vice President who recently launched the mobile money payments interoperability system in Ghana maintains that, with other electronic payment channels such as the e-bills pay, instant pay and the introduction of the national identification card, the nation's ability to move faster towards a cashless system, stamping out corruption and turning around the fortunes of the economy, is assured.

Vice President of the Republic of Ghana, today Thursday, 10th May, 2018, launched the first Mobile Money Interoperability System...

Vice President of the Republic of Ghana, today Thursday, 10th May, 2018, launched the first Mobile Money Interoperability System in Ghana.

Roshi Motman, CEO of AirtelTigo AirtelTigo congratulates the Bank of Ghana, the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) and all stakeholders on the implementation of mobile money interoperability.

You may be worrying that this sounds a lot like a mobile game, the type of system that would charge you for extra money or to make everything take less time.

As senior - level administrators are both the stewards of the pension system and the recipients of the highest net benefits, the authors conclude, «There is no reason to expect school administrators or their organizations to support reforms that would provide a more modern and mobile retirement system for young educators» and suggest that districts could be recruiting young teachers more effectively by putting money in upfront salaries rather than in end - of - career pension benefits.

«There is very little money in the system to expand school places and I hope we don't have to revert to mobile classrooms and temporary accommodation,» he said.

We shouldn't focus on the iPad too much — despite the rumoured 25,000 iPad orders per minute — with technology companies such as Samsung and LG sinking huge amounts of money into lightweight mobile devices and operating systems.

Android is primed to become the most widely used mobile operating system, which means there's a lot of money at stake for a lot of people.

However, that doesn't mean the iPad mini 4 isn't worth the money, particularly for fans of Apple's mobile operating system who are looking for tablet - optimized apps.

A superior on line banking system where you can check your balance, pay your bills with bill pay, look through your transaction history, set up alerts to be sent right to your mobile phone, transfer money into or out of your account, find ATM locations and more.

Everything from negotiating with your cell phone and cable companies to lower you bills, starting a side business from a passion of yours, using mobile apps to save money shopping, utilizing credit card points to buy gifts rather than spending cash, and starting an envelope system (where you put cash in for your entertainment that month, and when the money is spent, you have to wait until next month to replenish the envelope).

But if mobile money eventually leads to a diminution of the role which commercial banks play in the financial system, the interest rate transmission mechanism, which relies on movements in short term inter-bank rates being transmitted along the yield curve to all other interest rates in the economy, will be weakened, which in turn will weaken the transmission mechanism of monetary policy.

McKee said the detailed look at noncash payments should support efforts by the Fed to update the nation's payments systems, the «rails» for moving money around including checks, the automated checks known as Automated Clearing House or ACH transactions, cards, and alternative payments such as mobile wallets.

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A new report produced by SEforALL and ENERGIA, Levers of Change, provides powerful evidence of how women are often not given an equal chance to take advantage of sustainable energy opportunities, such as traditional and mobile money financing that would enable them to acquire home solar systems or clean cooking solutions.

Much existing law about payments will remain in force, as many mobile apps will use the existing «rails» or channels of moving money: wire transfers, debit / credit cards / stored - value cards, financial institution clearing houses, and cheque clearing systems.

Canada's banks introduced Canadians to the Interac system, Moneris payments processing, email money transfers as well as web and mobile banking.

IFSC code helps ensure safe transactions through National Electronic Funds Transfer (alternately NEFT), Real Time Gross Settlement (alternately RTGS), Immediate Payment Services (alternately IMPS), Centralized Funds Management System (alternately CFMS) or bank - to - bank electronic Instant Mobile Money Transfer service.

The Ahmedabad Mercantile Cooperative Bank IFSC Code is use for electronic transfer of money like any electronic payment application like National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), Centralized, Funds Management System (CFMS) and Interbank Electronic Instant Mobile money transfer service (IMPS).

The IFSC code of a particular bank and its branch like the Dhanalakshmi Bank Thrissur IFSC code is mainly used for electronic fund transfer applications like Centralized Fund Management System (CFMS), Real Time Gross Settlement (RTGS) or National Electronic Fund Transfer (NEFT) and Instant Mobile Money Transfer Services (IMPS)

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For a low monthly fee, paid through mobile money, the Y Combinator - incubated Oolu installs the system and performs any necessary maintenance, including free battery replacements and system upgrades.

However, that doesn't mean the iPad mini 4 isn't worth the money, particularly for fans of Apple's mobile operating system who are looking for tablet - optimized apps.

M - Pesa is a widely used mobile phone - based money system used in Afghanistan, India and Africa.

The issue of delayed transactions with platforms such as SWIFT, Western Union, Money Gram and some mobile payment systems can be solved using blockchain technology as it is able to provide higher transaction speed than its peers.

It acts as a bridge between flat currencies and mobile money like M - PESA, MTN, and Airtel that are commonly used systems for transactions in Africa.

Mobile Money Ventures (MMV)- the joint venture set up by Citi and South Korea's SK Telecom - is developing a banking application that will be compatible with Google's new mobile phone operating system, AnMobile Money Ventures (MMV)- the joint venture set up by Citi and South Korea's SK Telecom - is developing a banking application that will be compatible with Google's new mobile phone operating system, Anmobile phone operating system, Android.

The future of mobile payments, according to most experts, is integrating loyalty cards and money management apps in the system — even more work that probably isn't going to happen for Fitbit.