Pakistan Telecommunication Company Limited (PTCL) says that Mastercard has partnered with its fintech subsidiary U Microfinance Bank (UBank) to issue a new physical and virtual debit card for its mobile financial services platform UPaisa.
Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.
Digital payments giant Visa has announced the launch of Visa Pay, a mobile solution that provides access to digital payments and account-to-account money movement, in the Democratic Republic of the Congo (DRC).
Safaricom CEO Peter Ndegwa has pledged to elevate the company’s mobile money platform, M-Pesa, into its next phase-emphasising the need for stronger cybersecurity and uninterrupted service.