Mobile money is a safe and affordable option for international remittance for millions of migrants worldwide. This is according to a report recently issued by the GSMA entitled, ‘Driving a Price [ … ]
Tag: HomeSend
International Remittances via Mobile Money
The GSMA recently released an infographic showing the importance of international remittance and the potential of mobile money for these transactions. “International Remittances: The fastest growing mobile money product by volume – up [ … ]
Africa reaches half a billion mobile subscribers
Africa, the continent housing mobile money’s biggest success stories, has reached the half a billion mobile subscriber mark, according to the latest annual GSMA mobile economy report on the region. [ … ]
T’is the season for sending
It’s that time of year when people want to share with those they love, and not least, those who are living away from home. Yet with so many ways to [ … ]
HomeSend named best payment product in Africa
International transfer hub HomeSend has taken out the award for Best Payment Product in Africa at the Asian Banker Middle East and Africa Awards this week. MasterCard yesterday announced: “We [ … ]
Mobile money and disaster relief
The benefits of mobile money for financial inclusion and economic development in emerging markets are no longer in question. As the industry advances, the technology continues to reveal potential advantages [ … ]
Mobile money and the opportunity in international remittance
The GSMA MMU recently revealed that the number of active users of mobile money globally had doubled since 2013 to reach 103 million. Mobile Network Operators (MNOs) are increasingly aware [ … ]
MasterCard CEO says this global initiative is our generation’s big responsibility
“Other generations have eradicated disease, invented radio and television and the telephone,” MasterCard CEO, Ajay Banga said at the Mobile World Congress conference in Barcelona on Tuesday, March 3. “The opportunity [ … ]
HomeSend to enable remittances to eTranzact in Nigeria
At Mobile World Congress, MasterCard today announced an agreement with eTranzact International plc, a leading pan-African mobile banking and payment services company, to make international remittance services available to millions [ … ]
International Remittance through Branchless Banking
A new study released this week by CGAP on International Remittance through Branchless Banking highlighted some key trends in remittances and mobile over the past 12 months. In particular the [ … ]
