Banking & Payments

Telegram Messenger introduced chat bots about two years back, and this has been a fun fare for users and bot developers. In the latest version 4.0, the app now supports bot payments - a feature that is likely to bring commercial opportunity for many companies... Read More

Kenya's largest telecom service provider has launched the much anticipated M-Pesa payment cards akin to Visa and Mastercard-enabled cards in Kenya. Dubbed M-Pesa 1 Tap, this supplementary electronic payment solution to the already massively popular M-Pesa mobile money network is expected to further boast security and... Read More

If you are tired of your bank because of long queues, limited branches and ATM machines, grumpy customer care agents and Tellers, then rejoice. The future you have been waiting for is here. ALAT based in Nigeria is a fully functional digital bank. You never have... Read More

Biometrics are becoming a relative means of securing personal gadgets, with fingerprint scanners and iris sensors coming on board most of the latest smartphones. Such had not yet surfaced on credit and debit cards, at least for their near 60 years of existence. Mastercard is... Read More

Merchant service provider, Kopo Kopo, announced their partnership with Mastercard today to roll out Masterpass QR across 11 markets in Sub-Saharan Africa, impacting over 250,000 micro and small businesses over the next five years. The announcement was made during the inaugural Financial Times Africa Payments... Read More

To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit -- a leading international money transfer company -- has released new data showing that the Kenyans in the diaspora are the biggest sender of digital remittances to mobile accounts. Transfers to mobile money... Read More

Being able to move money from one place/person/company to another is one of the things that powers online shopping. Without secure, convenient, affordable and global payment systems, it would be extremely difficult to shop outside of a particular geographical area. With advanced payment systems available... Read More

Oscar Wilde once said “A man who pays his bills on time is soon forgotten.”. But King Solomon also said "The rich rules over the poor, And the borrower becomes the lender's slave.".  Paying bills is part of life and a sign of responsibility in... Read More

PRESS RELEASE:  MTN Uganda, in partnership with aYo, today announced innovative micro-insurance products, Recharge with Care and Send with Care. The two are the first products launched by aYo – a joint venture between MTN and MMI Holdings – announced in September last year. aYo was... Read More