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
The CEO of Africa's largest mobile telecoms company, MTN Group, has resigned following two weeks of wrestling with the Nigerian authorities over the imposition of a massive fine.
In a statement to the Johannesburg Stock Exchange, the company announced that Sifiso Dabengwa will leave with immediate effect, to be replaced temporarily by non-executive chairman Phuthuma Nhleko.
Chief executive Sifiso Dabengwa tendered his resignation with immediate effect, saying it was "in the interest of the company and its shareholders".
The fine, which amounts to double MTN's profit last year, was for failing to cut off unregistered mobile users. The firm was given until 16 November, just two weeks, to pay the penalty. The fine amounts to ₦200,000 ($1,000) for every customer who should have been disco
This week, online marketplace Kaymu becomes the latest member of the Africa Internet Group (AIG) network of companies to get zero data apps on the MTN network and this follows previous announcement of similar services for ecommerce giant Jumia and hotel booking platform Jovago.
This is how it works. MTN is offering these startups zero-rate data usage and this means that current and prospective users of the services offered by these companies, on the MTN network, can do so for free on the network without incurring any data costs.
The network and the companies believe the partnership would not only accelerate Internet penetration in Nigeria but but would also give customers and sellers the opportunity to access their products and services via the apps. Read more
African telecommunication companies have hit the headlines hard this week as MTN Nigeria and the Nigerian Communications Commission (NCC) are set to face Etisalat in a Federal High Court battle in Lagos. Reports itnewsafrica.com
The battle commenced after Etisalat claimed that the NCC had allegedly given its competitor MTN Nigeria a market advantage over it.
MTN joins NCC in the suit as co-respondent. Etisalat is seeking a review of a decision by NCC to allow a 30 percent differential between MTN’s off-net and on-net retail mobile voice tariffs.
According to Etisalat, this differential enables MTN to create a ‘calling club’, an example of which is its ‘Family and Friends’ promotion, which offers a rate of NGN 0.11 per second to eight MTN subscribers and two non-MTN subscribers. Etisal
The MTN Group has announced that it is the Platinum Event Sponsor for the GSMA Mobile 360-Africa event of 5-7 November 2014. Reports ItnewsAfrica
Mobile 360-Africa will attract key stakeholders from mobile and adjacent industries to examine practical steps to help bring about collaboration, including coordinating and enabling policies to promote digital and financial inclusion.
Mobile 360-Africa serves as an extension of previously established GSMA events, including the Mobile for Development Summit and the Mobile Money for the Unbanked Leadership Forum. These events are featured at Mobile 360-Africa as co-located programmes, showcasing the progress of initiatives already benefitting millions within the region. The co-located programmes will take a closer look at many of the initiative