Safaricom’s M-Pesa Ethiopia announced on Monday it has launched a new mobile money platform on Monday called M-Pesa LeHulum that works with any SIM card, effectively opening M-Pesa up to anyone regardless of what mobile network they use.
Globe Telecom CEO Ernest Cu said the operator group’s fintech division may go public as the company looks to diversify its business away from traditional telco revenue drivers.
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.
The Reserve Bank of India (RBI) has enabled prepaid payment instruments (PPIs) to make unified payments interface (UPI) transactions via third-party mobile applications, a concept that may sound arcane on first glance, but one that could speed up the m…