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Mobile Money

  • Ecuador

    Ecuador backs national mobile wallet Edit Post

    In an unusual move, Ecuador is reportedly building its own mobile wallet to boost financial inclusion, without the involvement of the country’s operators or banks. The country’s central bank will be both owner and operator of the wallet which is currently being pilot tested, according to Payments Views. The project wants to enable an ambitious range of ...

  • PosteMobile

    Italian MVNO PosteMobile pushes mobile money Edit Post

    PosteMobile, the Italian MVNO backed by the country’s Post Office, has launched an NFC-enabled SIM, which can be used for touch-and-pay transactions in locations such as shops and cafes. The new Super SIM NFC, which is available from all the country’s post offices, enables users to make payments using a digital version of their existing Postamat ...
  • Square

    Square pilots payroll service in search for further buffer against rivals Edit Post

    Square is piloting a new service that can distribute salaries and handle tax filings for small and medium sizes enterprises, according to Re/code. This the latest attempt by the payments firm to diversify away from its core business of processing payments for small businesses  — an activity whose low entry barriers has drawn more and more ...