Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

Cheap And Functional Mobile Phones, Affordable Internet Access, Necessary For Digital Finance In Developing Economies – World Bank

The president of the World Bank, David Malpass, has disclosed that cheap and functional mobile phones as well as affordable internet access are necessary for the expansion of digital finance in developing economies. He disclosed that the covid-19 pandemic influenced a digital revolution that has catalyzed the increase in access to and use of financial

ENNOVA Announces the Expansion of AUC Ecosystem through Mobile App ‘Tier’ and Crypto Exchange ‘LEO12’

ENNOVA Announces the Expansion of AUC Ecosystem through Mobile App ‘Tier’ and Crypto Exchange ‘LEO12’

JOHANNESBURG, SOUTH AFRICA/ ACCESSWIRE / July 6, 2022 / ENNOVA, the fastest growing blockchain service company in South Africa, announces that they expand the ecosystem of the AUC project. ENNOVA PTE. LTD., Wednesday, July 6, 2022, Press release picture African countries actively used mobile money as a measure to improve financial inclusion, and as mobile

Tanzania: Hope As Tips Set to Reduce Cost of Mobile Money Transactions

Tanzania: Hope As Tips Set to Reduce Cost of Mobile Money Transactions

PREPARATIONS for the launch of Tanzania Instant Payment System (TIPS), which is set to significantly reduce the cost of mobile money transactions and other digital financial services, is now at advanced stages, the Central Bank Governor, Prof Florens Luoga has said. Prof Luoga said in Arusha yesterday that the interoperable payment system was part of

Mobile financial service providers charge Tk 1.5 extra to transact every Tk 1,000, experts say at TRNB’s webinar

Mobile financial service providers charge Tk 1.5 extra to transact every Tk 1,000, experts say at TRNB’s webinar

Mobile financial service providers are taking an additional Tk 1.5 from the clients by charging Tk 20 instead of Tk 18.50 as cash-out fee for every Tk 1,000, telecom experts said today. Charging an extra money this way is tantamount to theft or fraud, they said at a webinar on “Competition and Partnership in MFS