Kenyans will be able to send and receive money to UK through Safaricom’s M-PESA in the company’s first commercial cross-border transfer service.
The move opens up the service — which has contributed to the slow decline in usage of more traditional money transfer solutions — to the lucrative remittances market and sets the stage for a new battle on the international front between local mobile operators. Read the rest of this entry »
Splash Mobile Money Limited (”Splash”), a leading mobile payment system provider, and MoreMagic Solutions, a leading mobile transactions provider, recently announced the availability of Sierra Leone’s first mobile money transfer system, enabled by MoreMagic Solutions’ industry-leading MWallet platform, and designed for African markets.
Splash customers in Sierra Leone can now send money using just the mobile phone, quickly, easily, cheaply, and without any requirement to have a bank account. Read the rest of this entry »
