Bill & Melinda Gates Foundation

Five news stories.

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What's New in Payments

Gates Foundation releases Mojaloop open source mobile payments software

By Sarah Clark • 17 October 2017 • Updated 3 November 2022

Bill & Melinda Gates Foundation releases open-source software to support efforts that expand access to financial services in developing countries — Bill & Melinda Gates Foundation — “The software is designed to provide a reference model for payment interoperability between banks and other providers across a country’s economy. It is available now, free-of-cost, for software developers to adapt and banks, financial service providers and companies to implement.”

Mobile marketplace offers African farmers promise of richer, cashless harvest

By Rian Boden • 17 January 2017 • Updated 16 August 2019

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

What's New in Payments

DigiTally project enables mobile money transfers without network coverage

By Rian Boden • 21 November 2016

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

NFC World

Bill Gates talks Apple Pay, NFC, Bitcoin and mobile money

By Rian Boden • 7 October 2014 • Updated 27 January 2019

Bill Gates was interviewed by Bloomberg TV

“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

NFC World

Report shows challenge of bringing mobile money to the masses

By Christopher Brown • 17 March 2011 • Updated 11 January 2023

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