Safaricom to launch cashless payment service on M-Pesa
Kenya’s mobile operator Safaricom has been given the approval by the Central Bank of Kenya (CBK) to begin its cashless fare payment service on M-Pesa
Commerce
Heritage Bank deposits 20 per cent for business acquisition
Nigerian commercial bank Heritage Banking Company has put down the 20 per cent initial deposit needed by the Asset Management Corporation of Nigeria (AMCON) to secure acquisition rights for the assets of Enterprise Bank
Millicom and Kalixa to create online payment service in Africa and Latin America
Swedish telecom company Millicom has entered a joint venture (JV) with online payment service Kalixa to create a payment process in Africa and Latin America
Kenyan bank launches mobile and Internet applications for easy banking
The National Bank of Kenya (NBK) has introduced mobile and Internet applications for smoother customer transactions
Bharti Airtel and Tigo to integrate mobile money services in Tanzania
Telecom major Bharti Airtel has begun a service which will allow customers to use its mobile money service with Tanzania’s Tigo
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