Airtel Africa launches Smartcash payment service bank in Nigeria
Airtel Africa has launched SmartCash Payment Service Bank, a wholly-owned subsidiary, to provide secure and reliable financial services across Nigeria.
MTN Nigeria hit by multi-million-dollar unauthorised transfers
MTN Nigeria, the country’s leading operator and the leading MTN operator by subscriber numbers, has taken 18 Nigerian banks to court over the alleged unauthorised transfer of ₦22.3 billion ($53.7 million) from an account owned by its recently-licensed mobile money Payment Service Bank (PSB) MoMo.
Cellulant supports water utility payment in Zambia
Payments business Cellulant Zambia has announced a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water, Mulonga Water, Chambeshi Water and Western Water.
Digital payments network MFS Africa to buy US-based prepaid specialist GTP
In what is accurately described as a rare acquisition of a US tech company by an African tech company, MFS Africa, Africa’s largest digital payments network, has reached an agreement to buy Global Technology Partners (GTP), which specializes in creating innovative processing and payment solutions for the prepaid industry.
Ooredoo Maldives begins International Money Transfer trial
Ooredoo Maldives has commenced a trial of its International Money Transfer service via m-Faisaa.
