Leader in global payments, Western Union Corp. announced all Western Union consumer and business solutions services are active in the United Kingdom (UK), irrespective of EU Membership Referendum vote, or currency volatility. Western Union services are available to consumers across more than 7,200 retail Agent locations in the UK, through the...
At the beginning of the last quarter of 2015, I wrote an article examining the question if Mobile Money could be the answer to financial inclusion in the developing world. I argued that Mobile Money could possibly become the tool that will deliver financial inclusion to Sub-Saharan Africa's two...
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 the NSSF Managing Director, Richard Byarugaba as the Fund launched activities to engage closely with its members, dubbed Customer connect week. According to Byarugaba, NSSF will...
Merchant payments add a significant use case for mobile money in developing countries by enabling customers to pay for goods and services from their mobile wallets. Across the developed world, cards and NFC enabled POSs are being used to pay for everyday purchases, but the question remains if mobile...
Most people think of a cashless society is something that is way off in the distant future.  Unfortunately, that is simply not the case. The truth is that a cashless society is much closer than most people would ever dare to imagine. In America today  only 7% of all...
In a new study that was conducted by the United Nations-based Better Than Cash Alliance firm, has shown how agriculture nonprofit organization; One Acre Fund in partnership with Citi Inclusive Finance, successfully digitized loan repayments for farmers in Kenya, a move that significantly boosted transparency and efficiency, driving economic opportunity and...
Uganda scored a 78 per cent score, coming hot after South Africa and Columbia who also scored same percentage from the study. Kenya received 86 per cent of the total possible points across all four dimensions, ranking first out of all countries surveyed, for the third time in a row...