The mobile money market matured as transaction value grew by 14% to US$1.4 trillion and total global registered accounts reached 1.75 billion in 2023, an increase of 12% year-on-year.
Mobile banking remains the most popular form of banking in Cambodia as mobile-based transactions reportedly continue to grow, while internet transactions are now declining.
While it’s been a holiday season in many parts of the world, it’s been a busy week for Safaricom Ethiopia – at least in terms of significant announcements involving M-Pesa services and coverage growth.
Money transfer services continue to make headlines in Africa. This time it’s the turn of Zambia where Western Union, Zoona Transactions Zambia Limited and Chipper Cash have announced the launch of international money transfer services in the Chipper Ca…