Late last week, the Finance and Budgetary Control Committee of the National Assembly of Senegal adopted a bill taxing digital financial services, including mobile money transactions and merchant payments.
Chinese handset maker Oppo has reportedly apologised to customers in Thailand after admitting to the telecoms regulator that its devices came with pre-installed loan apps that had not been approved by the Bank of Thailand (BOT).
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.
MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.