Mobile Payments

A mobile payment is a money payment made for a product or service through a portable electronic device such as a tablet or cell phone. Mobile payment technology can also be used to send money to friends or family members, such as with the applications PayPal and Venmo.

(source: investopedia.com)

Everyware Adds Splitit Installments to Its Pay By Text
Everyware Adds Splitit Installments to Its Pay By Text
June 23, 2022  |  Mobile Payments

Splitit is partnering with contactless pay and customer engagement solutions firm Everyware in order to add Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform,...

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Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
June 21, 2022  |  Mobile Payments

“M-Pesa is a barometer of what’s happening in the [Kenyan] economy and how customers are behaving.” That description by Peter Ndegwa, CEO at Nairobi-based tech...

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Mobile Payments a Win-Win For Mechanics, Drivers
Mobile Payments a Win-Win For Mechanics, Drivers
June 16, 2022  |  Mobile Payments

When a car is in the shop, customers and service advisors alike benefit when they have access to instant communication and fast payments.  For customers,...

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Bank of Ghana Unveils GhanaPay Mobile Wallet
Bank of Ghana Unveils GhanaPay Mobile Wallet
June 15, 2022  |  Mobile Wallets

Ghana’s central bank has launched GhanaPay, a mobile wallet for savings and loans companies and banks, including rural and community banks. Speaking at the launch...

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US Standards for EV Chargers Would Require Contactless Payments
US Standards for EV Chargers Would Require Contactless Payments
June 10, 2022  |  Commerce Connected

Electric vehicle (EV) public charging stations installed using funds provided by the federal government’s Bipartisan Infrastructure Law (BIL) may be required to include contactless payment...

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Morocco’s Chari Buys Retail App Diago
Morocco’s Chari Buys Retail App Diago
June 10, 2022  |  Acquisitions

Moroccan B2B eCommerce platform Chari has acquired Diago, a retail app based and operating in the Ivory Coast city of Abidjan. As Magnitt reported Friday...

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MFS Africa CEO: Prepaid Cards Open World of Online Payments to Millions in Africa
MFS Africa CEO: Prepaid Cards Open World of Online Payments to Millions in Africa
June 10, 2022  |  Mobile Payments

Imagine a fashion influencer with millions of YouTube subscribers who is trying to monetize her online content and at the same time purchase a Spotify...

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MatchMove, Maxi-Cash Team on Mobile Banking, Payments
MatchMove, Maxi-Cash Team on Mobile Banking, Payments
June 07, 2022  |  Partnerships

Maxi-Cash, Singapore’s first pawnbroker listed on the Singapore Exchange (SGX), is using MatchMove’s embedded banking platform to power the launch of MaxiPAY, its own branded...

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Western Union Signals Grand Neobank Ambitions With Marqeta Pact
Western Union Signals Grand Neobank Ambitions With Marqeta Pact
June 07, 2022  |  Digital-First Banking

In one fell swoop, Western Union may become the biggest neobank of all — and its reach already touches roughly 150 million customers across 200...

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