Kenya regulator sets meeting on thin Sim complaint

Editor Mobile

According to Business Daily, Kenya’s communications regulator has summoned Safaricom and Equity Bank for a meeting on 22 August, ahead of an expected ruling on the proposed use of embedded SIM cards to offer mobile banking services. The meeting will consider Safaricom’s complaint against Equity’s intended use of paper-thin SIM cards that ride on a primary SIM card. The authority …

EditorKenya regulator sets meeting on thin Sim complaint

Zain Sudan teams up with Bank of Khartoum for mobile banking

Editor Mobile

Zain Sudan has recently launched the country’s first ever mobile financial service, called ‘Hassa’, in partnership with the Bank of Khartoum. The easy, instant and secure service allows Zain customers in Sudan to complete a wide range of financial transactions and operations, including money transfers, paying bills and ATM cash withdrawals without a bank account. According to Fadi Al Faqih, …

EditorZain Sudan teams up with Bank of Khartoum for mobile banking

Zambia has 3.4 mln mobile money accounts vs 2 mln bank a/cs

Editor Mobile

Zambia’s central bank says the country now has 3.4 million mobile money accounts, compared with 2 million bank accounts. FNB head of strategic marketing and communications, Clotilda Mulenga, said her bank is gradually moving from using mobile phones and internet banking merely for information purposes, such as checking account balances or statements, to actually transacting on the phone. According to …

EditorZambia has 3.4 mln mobile money accounts vs 2 mln bank a/cs

Telecash gold card (Zimbabwe)

Editor Mobile

Telecel Zimbabwe has introduced a debit card for telecash subscribers, the telecash gold card, which they can use to pay for goods and services at any of the more than 5 000 ZimSwitch points of sale across the country,Bulaway24 reported. The card can be used to pay for groceries, DSTV subscriptions, restaurant and hotel bills, and many other goods and …

EditorTelecash gold card (Zimbabwe)

Mobile banking to pass online banking worldwide by 2019

Editor Mobile

According to the latest study from Juniper Research, mobile banking users are expected to pass online banking users by 2019. Over 1.75 billion mobile phone users will have used their devices for banking purposes by the end of 2019, compared to 800 million this year.┬áThe scale of the shift has been confirmed by the decreasing number of branch visits by …

EditorMobile banking to pass online banking worldwide by 2019