South African retail giant Shoprite moves into mobile payments and banking

Banking services now more accessible with Shoprite Money — Shoprite — “This new service will enable customers to deposit, withdraw or send money as well as buy groceries at any of the till points in all Shoprite, Checkers, Checkers Hyper or Usave stores across South Africa… Shoprite Money is set to roll out in multiple countries in Africa over the next 12 to 18 months, which will hold additional benefits for customers including seamless and cost effective cross-border remittance.”





M-Pesa and MTN Mobile Money join up

Users of Vodafone’s M-Pesa and MTN Group’s MTN Mobile Money services in east Africa will soon be able to transfer money to each other following an agreement between the region’s two biggest mobile network operators... More



Gartner cuts NFC mobile payments forecast by 40%

Gartner

Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012’s $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion of that total and the overall market value has also been reduced... More



Welsh village picked for O2 Wallet payments demo

O2

The village of Rhiwbina, where the 11,000 locals have been without access to a cash machine for the last two years, has been picked as the demo site for O2’s new mobile wallet service, which supports mobile remittances, price comparisons, offers and mobile commerce today and is due to include NFC “in time”. More



Tonga gets commercial NFC payments service

Tonga's Nuku Island - Pic: Stefan Heinrich (Msdstefan at de.wikipedia.com)

The tiny pacific island nation has become one of the first countries in the world to get a commercial NFC service with the launch of ‘Beep and Go’, a service introduced by local carrier Digicel that works in conjunction with NFC phones and stickers as well as the carrier’s existing Mobile Money remittance service and Verifone’s mWallet technology. More




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