Tag Archives: mobile money
Waking up mobile money’s missing user base
Hannes van Rensburg (Founder Fundamo) discussing on “Waking up mobile money’s missing user base” In the decade since the first mobile financial service (MFS) deployment, several high profile successes have ignited the industry’s imagination and confidence. Delivering financial services via the mobile phone is not only possible, but can be a triumph. While a handful
You Can’t Go Cash-Lite on Empty Accounts: E-money vs. cash
People will not have a preference for paying for goods at stores with electronic or mobile money if they do not hold electronic money balances in their account. If they accumulate and keep the money they need to pay for stuff in cash, they are likely to pay for it in cash. I’m amazed by
M2Cash offers real-time money transfers
Every year, more than half a trillion dollars makes its way around the globe in the form of money transfers. Of this amount, about $400 billion is sent as remittances home by the world’s migrant workforce, which numbers more than 200 million, according to a 2011 Migration and Development Brief, which projected a remittance total
Haiti’s mobile money at the British Museum
Money in the Haitian Marketplace, from the British Museum Money Gallery This is guest post from IMTFI researcher Erin Taylor, on the new Citi Money Gallery exhibit at the British Museum. Nestled between Andy Warhol’s ‘Nine Dollar Signs’ and a Barbie cash register, Haiti’s mobile money is making an appearance in the British Museum.
Soon, send money order from your mobile – #indiapost
The postal department has entered into a partnership with state-run telecom company BSNL to provide money order service using mobile phones. “The Department has signed an agreement with BSNL for providing money remittance through mobile phones,” Department of Posts (DoP) said in an official statement today. As per the pact, BSNL has been provided with
Mobile Financial Services: Uganda and back
Recently, I had the opportunity and the pleasure to work with a large NGO seeking to launch mobile financial services for poor, unbanked small holder farmers. This NGO has a big mission: to create sustainable development in post-conflict areas. In Uganda, I worked out of the Kampala office, but focused the mobile financial services work
Imagine a world with no transaction fees
Much of the latency in mobile money adoption arises from a simple truth: transaction fees. Field it against its arch enemies – cash and cards – and mobile money immediately falls into the chasm of fees. In a society where the cost of transferring money has rapidly spiraled down, it would be unfair to expect
MOBILE MONEY GETS ANOTHER BOOST AS MONITISE CLOSES CLAIRMAIL ACQUISITION
Congratulations to our strategic partner Monitise for successfully closing its acquisition of Clairmail today. The deal combines two of the leading providers of mobile banking services for financial institutions, a move that has the potential to accelerate the growth of mobile money services globally. Monitise and Visa have a long standing partnership – in fact,
Information Systems: A Practical Guide to Implementing Microfinance Information Systems
Helping MFIs overcome challenges in implementing MIS This technical guide on implementing management information systems (MIS) is designed for MFIs or smaller financial institutions. Its contents are best suited to institutions seeking to purchase a new, off-the-shelf software solution. Those looking to improve existing systems or maintain manual systems may still find certain sections useful,
