Uganda introduces investment via mobile phone

Paymentology, a card issuing and processing platform, has announced a partnership with Salaam Bank’s Waafi in Somalia.

Smart Communications, the mobile arm of Philippine telco PLDT, is reportedly making moves to relaunch its original mobile money app, Smart Money, in an apparent bid to directly take on rival telco Globe Telecom’s GCash.

PLDT’s digital unit DigiCo acquired a 10% stake in Bayad Center and the entirety of Multipay Corp, as the operator aims to position itself for the Philippines’ shift to digital payments.