Western Union, Vodafone and Safaricom announced recently that they’ll develop together an international Mobile Money Transfer service. The pilot service will only work between the UK and Kenya and it’ll allow customers to send remittances to Safaricom subscribers from Kenya in just a couple of minutes.
The service relies on WU’s global...
Juniper Research conducted a Mobile Payments Study that resulted in the future showing up something like “50% of mobile payments will be done via NFC and Mobile Money Transfer by 2013″. NFC is the famous Near Field Communications technology that is featured on some handsets and will become widespread in the following years.
Juniper’s...
Western Union announced that it plans to work with Orascom Telecom Holding in order to launch a mobile money transfer service. Orascom Telecom operates 6 mobile networks (Djezzy in Algeria, Mobilink in Pakistan, Mobinil in Egypt, Tunisiana in Tunisia, Banglalink in Bangladesh, and Telecel Zimbabwe in Zimbabwe), with a total of 77 million subscribers.
Western...