Tag: Airtel Money

‘3G Direct Pay’ unveils Africa-wide mobile money service

Business, Mobile
3G Direct Pay has launched a new platform that enables cross border payments across different mobile networks. Reports Capital Business The new service is available to mobile phone subscribers in over five African countries, who can now pay and be paid across different mobile carriers. The platform will support numerous Mobile Money Wallets including – M-Pesa, Airtel Money, Tigo Pesa, Vodacom, and MTN. Merchants, working with 3G Direct Pay, will be able to conveniently accept payments in real time and will be able to use all cards, bank transfer and paypal from the same single connection. “We have seen an increased desire for people to be able to safely pay to merchants via mobile money accounts across networks and borders,” said Eran Feinstein, Managing Director, 3G Direct Pay Limite
Uber Nairobi is Now Accepting Cash and Mobile Money Payments

Uber Nairobi is Now Accepting Cash and Mobile Money Payments

Business, Mobile
Uber Nairobi just launched a cash payments experiment, making it the second city in which it is doing this. It is not unlike the experiment they began in Hyderabad, India, in May 2015, reports TechCabal “Uber the innovative smartphone app that seamlessly connects riders to drivers, has launched a cash test pilot in Nairobi, Kenya today”, the official release dated the 4th of June (today) stated. All the rider has to do is select the cash payment option when they take a ride, and hand over the money to the driver at the end of the trip. And it’s not just cash payments. Via email correspondence with an Uber representative, TechCabal has learnt that riders in Nairobi will also be able to pay using the mobile money options including M-Pesa and Airtel Money. Why is Uber experimenting with

Mobile Money Transactions Hit Sh2 Trillion in 2014 in Kenya

Business, Mobile
CapitalFM: Kenyans sent over Sh2.146 trillion shillings using mobile money system in 2014, surpassing the Sh1.8 trillion 2014/2015 national budget.  According to statistics provided by the Central Bank of Kenya, there were 825 million mobile transactions up to November 2014, compared to 732 million transactions in 2013. Kenyans made an average of 75 million mobile money transactions in 2014, with October having the highest number of transactions at 82 million. Mobile money transaction in Kenya has grown exponentially. In 2007, the total amount of money that moved across the mobile system, was Sh16 billion. M-Pesa has the largest market share with 17 million active users. Airtel Money and Orange Money have 3.8 million and 2.1 million subscribers respectively. Equity’s Equitel has signed