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Mobile Money

  • Tigo

    Tigo returns $2M to money users Edit Post

    Tanzanian operator Tigo claimed a first with a scheme to share a profit from its mobile money service with subscribers and agents. The operator announced a payment of TZS3 billion ($1.8 million) for the July-September 2014 period. The Tigo Pesa service has 3.6 million users, as well as an unspecifed number of agents. This second payment comes ...

  • Monitise 3

    Monitise bolstered by new backers —Telefonica, MasterCard and Santander Edit Post

    UK mobile money firm Monitise bounced back from the potential loss of Visa as a shareholder by unveiling MasterCard, Telefonica and Santander as new backers to support the rollout of its global platform. The UK firm also announced a further linkup with IBM but that is less surprising since the two companies unveiled a global alliance ...
  • new Zealand

    Gemalto lands deal with NZ operator/bank alliance Edit Post

    Participants in a pilot run by Semble, a joint venture between New Zealand’s three operators and leading banks, have this month started making NFC-based payments for goods and services, using a secure hub supplied by French vendor Gemalto. The participants are a mix of users from Semble’s shareholder and stakeholder organisations. They have downloaded the Semble ...