Vietnam’s mobile money service is reportedly set for a major upgrade from pilot mode to full-fledged service that, among other things, will see transaction caps raised to ten times the current amount.
M-Pesa Safaricom said on Thursday it is partnering with Dashen Bank and CashGo to launch a new international remittance service in Ethiopia that enables users to receive money from abroad directly into their M-Pesa mobile wallets.
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).
The ups and downs of the payment service provision business, particularly in Africa, have been highlighted in two recent news stories: one involving expansion for SPAYZ.io and the other signalling the end of Pay U Kenya.