TenPay Global, the cross-border payment platform of Chinese multinational technology conglomerate Tencent, and Mastercard Move, payment giant Mastercard’s money movement business, have announced a collaboration.
MTN Uganda announced plans on Wednesday to hold an extraordinary general meeting (EGM) on July 2 to discuss and vote on the proposed spinoff of its mobile money and fintech business, MTN MoMo, from its core telecoms operations.
Safaricom CEO Peter Ndegwa has pledged to elevate the company’s mobile money platform, M-Pesa, into its next phase-emphasising the need for stronger cybersecurity and uninterrupted service.