PROFILE OF ORANGE MONEY
A link to the telecom Orange’s description of Orange Money, an early mobile money wallet first popular in Africa.
PROFILE OF ORANGE MONEY Read More »
A link to the telecom Orange’s description of Orange Money, an early mobile money wallet first popular in Africa.
PROFILE OF ORANGE MONEY Read More »
A link to MTN, the telecom company active in Africa, and its description of its MTN Mobile money product.
PROFILE OF MTN MOBILE (MTN.COM) Read More »
This slide shows the percentage of the population in Ethiopia, Kenya, Rwanda, Tanzania, and Uganda, who can be considered financially included through traditional banks and/or mobile money.
FORMAL FINANCIAL INCLUSION IN ETHIOPIA COMPARED TO OTHER EAST AFRICAN COUNTRIES 2023 Read More »
This publicly available report by GSMA sows that mobile money might add US$5.3 billion to Ethiopia;s GDP through greater financial inclusion.
MOBILE MONEY IN ETHIOPIA: ADVANCING FINANCIAL INCLUSION AND DRIVING GROWTH Read More »
FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.
HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH Read More »
A link to a McKinsey report describing the evolution of Kenya’s M-Pesa’s mobile wallet, among the world’s first mobile money solutions, and its important role in promoting financial inclusion. Subsequently, lessons from M-Pesa were applied globally.
DRIVEN BY PURPOSE: FIFTEEN YEARS OF MPESA EVOLUTION Read More »
This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,
A NEW PUSH FOR PUSH PAYMENTS Read More »