Mobile Remittance RSS
Zelle reports stellar growth as US P2P payments market hots up
Zelle has continued to gain traction with users and financial institutions, indicating that there is plenty of room for growth still in the US P2P payments market. Early Warning Services,... more
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Why Mastercard if fighting to buy Earthport
Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... more
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Mobile money transactions equivalent of half of Kenya’s GDP
Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... more
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Digital banking market to cross $9 trillion by 2024
The global digital banking market is set to grow from its current market value of more than $7 billion to over $9 trillion by 2024; according to a new research... more
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India’s UPI usage surges as digital payments continue to gain traction
Since India’s demonetisation policy took place, digital payments spiked in the immediate aftermath. However, post adoption of the policy the pace of adoption has been much slower than anticipated. Digital transactions... more
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