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Mobile Money

  • Klarna

    Klarna sucks up risk to boost m-commerce Edit Post

    Conversion rates on m-commerce sites shrink when consumers are on mobile devices, but it’s a problem that Niklas Adalberth, cofounder of Klarna, claims he can fix. The rate at which browsers become buyers on a site falls through the floor when they are on a smartphone or tablet rather than a PC, he said. The rate for ...

  • Monitise 3

    “Multi-million" dollar wins lend a hand to hard-pressed Monitise Edit Post

    Struggling mobile money firm Monitise received a much-need lift from two contract wins — one described as a top 10 US financial institution, and another with a global company which will deploy Monitise’s digital banking technology for its client. Monitise, which has been in recent talks about a possible takeover, said the two major, multi-year contracts ...
  • Tigo Pesa

    Millicom claims first universal money service in Africa Edit Post

    Millicom said that customers of its Tigo Pesa service in Tanzania will be the first in Africa able to transact with customers of all the country’s other money services, following an agreement with Vodacom for M-Pesa. Millicom and rivals Airtel and Zantel established interoperability in 2014, but signing up market leader M-Pesa is an important further ...