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.
Mobile money services MTN MoMo in South Africa and EcoCash in Zimbabwe have partnered to provide what are described as effortless direct cash transfers between the two countries.
A remittances-focused partnership has been announced that could see the expansion of M-Pesa, the continent’s leading mobile money and digital payments service, to West Africa.
Safaricom CEO Peter Ndegwa has pledged to elevate the company’s mobile money platform, M-Pesa, into its next phase-emphasising the need for stronger cybersecurity and uninterrupted service.
