Cambodia and Malaysia launch cross-border mobile payments

MTN Nigeria says it has taken full ownership of Mobile Money Payment Service Bank (MoMo PSB) after buying the 7.17% share owned by Acxani Capital for around NGN6.95 billion (US$4.36 million).

In a remarkable change of heart, Zimbabwe seems to be about to bring back mobile money services that it once blamed for the country’s currency crash.

Safaricom and Mastercard announced on Thursday that they have signed a partnership to accelerate adoption of payment acceptance and cross-border remittance services in Kenya.