Thousands of small-scale farmers across East Africa will soon be using their feature phones to buy, sell and receive payments for their goods through a mobile app and SMS service developed by Mastercard... More
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones... More
“Apple Pay is a great example of how a cell phone that identifies its user in a pretty strong way lets you make a transaction that should be very, very inexpensive,” Microsoft founder Bill Gates has told Bloomberg TV... More
Mobile Money for the Unbanked (MMU), a programme supported by the GSM Association and the Bill and Melinda Gates Foundation, has produced a document outlining why the number of users of mobile money services in the developing world has yet to match the rise in the range of services available... More
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