WorldRemit, an online money transfer service, has announced that it will introduce a new app features to make it easier for remittance recipients in several countries, including Cameroon, to manage funds sent from overseas
Mobile
‘Global usage of mobile payments to expand to US$1.3 trillion by 2022’
Telecomspricing provided a forecast for global mobile payments for the three-year period from 2019-2022 and predicted revenues to rise from US$348bn to nearly US$1.3 trillion worldwide – a projected increase of 272 per cent
WorldRemit launches business payments service
African entrepreneurs and contractors selling goods and services to small and medium-sized enterprises (SMEs) in the UK can now receive payments faster and more conveniently following the launch of WorldRemit for Business
MEA handset subscriptions set to reach 1.4bn by 2023, says GlobalData
The total handset subscription in Africa and the Middle East is set to reach 1.4bn by 2023 from 733mn in 2018, with smartphones accounting for 81 per cent of handsets in 2023 from 54.4 per cent in 2018, according to GlobalData
PayU launches digital payment operations in Kenya
PayU has launched a robust payment service for the East Africa region, to accelerate the regions digital payment market
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