mobile money

Mobile money transfers take a big hit in Zimbabwe

“Order out of chaos”, defines what happened in Zimbabwe when the economic crisis prompted the rapid adoption of mobile money, after going through a harsh decade of economic crises, which included currency instability, hyperinflation and a collapse of the formal financial system. However, at a time when mobile money transfers are most needed, Zimbabwe has […]

Mobile Money Market Insights

The global mobile money market is expected to witness a CAGR of 21.4% during the forecast period of 2020 to 2030, according to a new research report released by FMI. Quick turn made by some of high potential economies with limited digital financial inclusion among masses to digitize payments has been a key enabler for mobile money. […]

Four East African countries connecting all Tigo Pesa customers

Tigo Peza customers are now able to connect to all major East African Mobile Money services, through a service launched by Tigo Tanzani, Kenya’s M-PESA, MTN and Airtel Rwanda, and MTN Uganda, customers can now send and receive money across borders with no interruptions. Acting Chief Officer for Mobile Financial Services at Tigo Tanzania, Angelica […]