The central banks of Cambodia and Malaysia have launched the first phase of a cross-border payments system that initially enables Cambodian travellers to purchase good and services in Malaysia using QR codes.
Operator Ethio Telecom, in partnership with Siinqee Bank, an Ethiopian provider of banking and microfinance services, has launched a new range of mobile financial services and smartphone financing solutions.
Ethio Telecom partnered with financial powerhouse Visa to launch the first Visa digital wallet in Ethiopia, a move the operator claimed modernises remittance and bolster its fintech business.
African money transfer company Dahabshiil and Safaricom Ethiopia’s M-Pesa have signed a partnership that will enable the Ethiopian diaspora to send money directly to M-Pesa mobile wallets.