Bank of Ghana.

Ingenico Group to Support GHIPSS to Deepen Financial Inclusion in Ghana

The global leader in seamless payments, Ingenico Group has developed strong partnership with Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to extend electronic transactions to unbanked and underbanked populations in Ghana...

DTB launches PayEasy Cashless system on MTN Mobile Money and Airtel Money

Diamond Trust bank recently launched PayEasy, a mobile phone payment collection system that enables customers to pay for goods directly from their mobile money account to the merchant’s bank account. PayEasy looks...

Standard Chartered Updating its Africa Online Systems

Standard Chartered Bank is is set to introduce its newest mobile and online banking platform across eight African markets, as it looks at innovative solutions for its 1 million clients across...

5 Payment alternatives to Paypal

Every online business seeks to have a reliable way of recieving money and processing payments. The truth is that no one payment processor comes close Paypal’s reach and range of services, but...

UTAMU & Equity Bank partner to introduce MasterCard ID’s for students

Uganda Technology and Management University (UTAMU) are set to benefit from a new official University Student & Staff Card. The student card goes beyond a simple ID and can works as a meal card,...

SimbaPay announces single money transfer of up to $45,000 (USD) to Africa

SimbaPay the money remittance service has announced that it is raising the single transaction limit to a whopping $45,000. This is substantially higher than the previous transaction limit of $3,000. According to Victor Karanja, Head...

Tigo Pesa customers pocket $2.3m /- in quarterly profit share

Tigo Pesa users have been paid a total of $2.3m/- as profit share paid every quarter by Tanzania’s leading digital lifestyle telecom. This is the eighth time that Tigo is disbursing the quarterly...

Bitcoin crushing Bank fees in emerging Markets

A new report is indicating how virtual currencies and distributed ledgers, like bitcoin, are gaining strength in emerging economies by cutting out huge fees charged by local banks and financial institutions. According...
MoneyGram and GT Bank Launch MoneyGram Receive Service.

MoneyGram and GT Bank Launch MoneyGram Receive Service into Nigeria’s $21 Billion Annual Remittance...

MoneyGram and GT Bank, on Thursday announced the launch of MoneyGram’s receive services across the GT Bank network. This service will be available through MoneyGram’s cash to account service. MoneyGram CEO Alex Holmes...

Hackers Try to Siphon U.S.$24 Million from Bank of Uganda

Hackers have attempted to siphon $24 million (Ush81 billion) through the Uganda central bank in four separate incidents starting July last year. The hackers targeted some of the biggest budget holders such as...
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See Also

NSSF Launches Transaction Alerts to Members

Uganda’s top Pension body, the National Social Security Fund (NSSF) has rolled out a transaction alert service for her members. The development was revealed by...

INNOVATION

3 Ugandan Teams Make it to the Finals of the Bots...

For many years now, Menlo Park-based social networking firm, Facebook Inc. has been promoting innovation across Middle East and Africa, providing startups with the...