The continent has seen a growing number
of mobile money platforms like M - Pesa, enabling digital transactions using fiat currencies.
Not exact matches
Facebook is one
of the biggest beneficiaries as advertisers move
money away from television to the internet and
mobile platforms.
«All users have to do to pay a bill, purchase a good or service, or transfer
money is reach in their pocket,» says Rodrigo Teijeiro, CEO and Founder
of RecargaPay, a
mobile payments
platform.
This seemingly insignificant fact means regardless
of your
mobile platform you're able to save
money wherever and whenever you want.
The diversification
of M - Pesa as a payment
platform also underscores how technological innovation has been central to the
mobile money story.
Vice President Bawumia challenged the financial institutions, the telcos and the Fintechs to find very innovative ways
of turning
mobile phones and the
mobile money platform into vehicles
of economic emancipation for the many players in the huge informal sector.
In a deal which outraged Telecom operators and Vas Intel, the company with the biggest price quote, SIBTON was surprisingly awarded the contract to build the
platform that will make it possible for a seamless transfer
of money across
mobile networks, banks, and e-switch accounts.
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.
General News
of Monday, 14 May 2018 Source: mynewsgh.com Bank
of Ghana MyNewsGh.com earlier reported that the former Deputy Governor
of the Central Bank, Dr Johnson Asiama has said the controversial
Mobile Money Interoperability
platform allegedly costing 4.6 billion cedis rather cost GH cents 300,000, daring government to arrest him or anyone fingered in any wrongdoing.
This follows IMANI's petition to the Vice President to revoke the contract for the design, development and implementation
of a common
platform for traffic monitoring, revenue assurance and
mobile money monitoring.
MTN Ghana has announced the reintroduction
of the «Allow Cash - Out» feature on its
Mobile Money Platform to enhance customer security...
In the words
of Dr Bawunia who, in 2017 «challenged the Bank
of Ghana, GhIPPS, the Telcos and Financial Institutions in Ghana to ensure that
mobile money platforms were Interoperable,» this feat «has been made possible by hard working Ghanaians.»
It's not bad for Android either: Apple has a large piece
of the
mobile marketshare pie and supporting their
platform means a dramatic increase in the number
of potential customers (which also happens to be a population that tends to spend more
money on electronics).
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One problem
of course is that not all rural electrification schemes involve digitised PAYG mechanisms and
mobile money platforms.
Last year, Twitter started to make more
money out
of advertising running on its
mobile platform than it did on its desktop product, according to this report in the WSJ based on stats from eMarketer.
Yahoo already offers a gaming portal
of its own, so it would make sense that it would be looking to open up its
platform to make it even easier for developers to build
money - making games for Yahoo's growing range
of online and
mobile products.
Cedric Wachira, CTO
of CedKoin explained cryptocurrency technology had the potential to replace local
mobile money transfer
platform MPESA since it could provide users with unlimited transactions.
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.
The success
of BitPesa while operating on the Safaricom
platform can largely be attributed to Kenya's high affinity to technology, especially
mobile money.
We're expecting the S8 to give the iPhone a run for its
money, though, as it features Qualcomm's latest top -
of - the - line
mobile platform, the Snapdragon 835.