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M-Pesa hits 50 million customers as Africa’s largest FinTech platform
M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest FinTech platform – an amazing feat on the continent. Launched more than 14 years ago in... read more
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Why more and more people prefer to pay straight from their online bank
Trustly is a world leader in account-to-account payments with an unmatched banking network and consumer reach of over half a billion. Here’s their view of the increasing popularity of Online... read more
The post Why more and more people prefer to pay straight from their online bank appeared first on Payments Cards & Mobile.
BLIK sees huge increase in the popularity of P2P instant payments
From April to June 2021, BLIK users completed nearly 176 million transactions worth PLN 24 billion. At that time, the number of BLIK’s P2P instant payments was growing the fastest... read more
The post BLIK sees huge increase in the popularity of P2P instant payments appeared first on Payments Cards & Mobile.
Facebook digital wallet Novi ready for market launch
Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more
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How does the OECD’s CRS effect mobile money providers
Adopted in 2014, the CRS’s purpose is to combat tax evasion – not just in mobile money. The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information... read more
The post How does the OECD’s CRS effect mobile money providers appeared first on Payments Cards & Mobile.
