Mobile Banking News
Over two hundred teachers of the Ministry of Education (MoE) assigned in Gbarpolu County, will as of this April, receive their monthly salary allotment through mobile money, the Daily Observer has gathered.
Within a decade, mobile money exceeded the small network laid by banks to extend financial services to the vast majority of poor Tanzanians.
Purchases from investors ranged from Sh3,000 to Sh1.13 million, indicating that the sales were dominated by big buyers
"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.
The fund will follow fintech innovations aimed at enhancing access to financial services
According to WorldRemit, mobile to mobile remittances accounts for 93 percent of WorldRemit transactions to Kenya
The bond can be bought via mobile phones and offers a higher interest rate than offered by commercial banks.
The merger is to enable the banks to meet the capital requirements of Malawi's apex bank.
The Pan-African lender has persuaded regulators in 25 of the 33 African markets where it holds a banking licence to allow citizens to quickly and easily open bank accounts via their mobile phones
This is to ease the on-going cash shortage in Zimbabwe.