How Secure Money is going to & # 39; encouraged in Africa



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M-Pesa Business in 2008 using Nokia 1100 feature phoneVodafone.

The connection is linked to the mobile sensation of Cheinia M-Pesa with PayPal and the Western Union, as well as the joint venture between two of the largest cell works – MTN and Orange – for a mobile warranty working across networks on to # 39; Buying a year There have been significant developments in marketing of mobile payments already in Africa.

ARTICL'S EXPENDITURE EXPRESS

There are 28.5 million users at M-Pesa in East Africa who can now handle 500,000 Western Union's global Union representatives in more than 200 countries.

M-Pesa has brought back a moving turn, first in Kenya where Safaricom was launched in 2007, and into the rest of East Africa and now to the West Africa.

For the three months to June 2018, M-Pesa launched a 581 million business for its 23 million Kenyan supporters, worth $ 14.6 billion or $ 162 million per day, according to Communications Authority& nbsp; of Kenya.

"The power of the financial technology to expand accessibility and the use of accounts is highly shown in sub-Saharan Africa," the World Bank Global Findex database& nbsp; He wrote it in the financial inclusion survey 21% of adults have a cash account in the department & nbsp; This is "almost twice in the 2014 section and easily the highest level of any sector in the world"

Last year GSM Association said Over half of all mobile phone money& nbsp; world-wide services in sub-Saharan Africa, which remains the fastest moving market in the world. It is expected that there will be 500 million cell phone users by 2020.

"Across the region, moving money has an important role in expanding financial services for people with limited access to traditional financial institutions, especially women and rural people. There were 135 mobile currency funding services across the region at end of 2017, with 122 million active accounts, "said the GSMA Sub-Saharan Economy in Afrikaans Mobile 2018 & nbsp;reportSouth Westerly

M-Pesa stated in April that he would work with PayPal, which has 254 million users, allowing M-Pesa users to do business.

Showing figures from the World Bank, the United Unions said that Kenya was a debt of $ 2 billion, length & # 39; There was a $ 36 million salary, which was a 13% year-on-year increase in 2017.

ARTICL'S EXPENDITURE EXPRESS

M-Pesa processes are more than 1.7 billion activity per year that account for more than 50% of Kenya's GDP value. "M-Pesa was a rebellion that gave ten million people power in some of the poorest communities in the world," said Michael Joseph, who is now Vodafone Group's Director of Mobile Money and Head of Safaricom when M-Pesa was launched.

The Findex survey said "while moving money has been based in East Africa, the 2017 update shows that it has spread to the West Africa and further afield" South

Earlier this month, the Chief Executive said: Group, Rob Shuter, South Africa's South Cape conference announced that MTN plans to offer Cash to South African and Niger's major markets next year; and is expected to be "the largest provider of mobile financial services in Africa".

It was originally launched in 2012 in South Africa, closed in 2016, when Safaricom was holding a company Vodacom closed M-Pesa home market.

MTN told 24.1 million active mobile users in 14 countries in the end of June.

It is called the joint venture between MTN and Orange, which was announced last weekMowali, for mobile phones interactivity, will "enable money to be put in between movable cash accounts that will put any moving money supplier out, really and at low cost" West – –

ARTICL'S EXPENDITURE EXPRESS

"Mowali benefits from MTN Mobile Money and Orange Money, bringing together over 100 million mobile cash accounts and mobile cash jobs in 22 of the sub-Saharan markets in Africa. Mowali is ready to interact between digital financial service providers longer than the MTN and Orange markets and markets, to support the 338 million cash accounts in Africa, "said the companies.

MTN has 225.4 million supporters in 21 countries, in late 2018; As long as there are 201 million worldwide mobile users in 28 countries, at 30 September 2018.

"Digital partner interaction is the most difficult problem for the financial services industry to overcome, in support of financial inclusion," said Kosta Peric, former director of Financial Services for the Poor, at his & # 39; Bill & amp; Melinda Gates Foundation. "Le Mowali, Orange and MTN can provide a solution that allows them, and other companies, scale-scale digital business services across Africa, faster, to everyone – including poor people. This is a sign that innovation wave, which helps to reduce poverty reduction and economic opportunities management, come. "

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M-Pesa Business in 2008 using Nokia 1100 feature phoneVodafone.

The connection is linked to the mobile sensation of Cheinia M-Pesa with PayPal and the Western Union, as well as the joint venture between two of the largest cell works – MTN and Orange – for a mobile warranty working across networks on to # 39; Buying a year There have been significant developments in marketing of mobile payments already in Africa.

ARTICL'S EXPENDITURE EXPRESS

There are 28.5 million users at M-Pesa in East Africa who can now handle 500,000 Western Union's global Union representatives in more than 200 countries.

M-Pesa has brought back a moving turn, first in Kenya where Safaricom was launched in 2007, and into the rest of East Africa and now to the West Africa.

For three months to June 2018, M-Pesa made a 581-million business for its 23 million Kenyan supporters, worth $ 14.6 billion or $ 162 million a day, according to the Kenya Communications Authority.

"The power of the financial technology to expand accessibility and the use of accounts is highly shown in sub-Saharan Africa," the The Global Findex Database of the World Bank wrote in the financial inclusion survey Currently, 21% of adults have a moving cash account in the department. This is "almost twice in 2014 and easily the highest level of any sector in the world".

Last year, the GSM Association said that over half of the world's mobile currency services in sub-Saharan Africa, which are still the fastest moving market in the world. It is expected that there will be 500 million cell phone users by 2020.

"Across the area, moving money has an important role in expanding financial services for people with limited access to traditional financial institutions, especially women and rural people. 135 services were moving mobile money throughout of the region in the end of 2017, with 122 million active accounts, "said the GSMA Sub-Saharan Africa in Mobile Economy in 2018 report.

M-Pesa stated in April that he would work with PayPal, which has 254 million users, allowing M-Pesa users to do business.

Showing figures from the World Bank, the United Unions said that Kenya was a debt of $ 2 billion, length & # 39; There was a $ 36 million salary, which was a 13% year-on-year increase in 2017.

ARTICL'S EXPENDITURE EXPRESS

M-Pesa processes are more than 1.7 billion activity per year that account for more than 50% of Kenya's GDP value. "M-Pesa was a rebellion that gave ten million people power in some of the poorest communities in the world," said Michael Joseph, now Director Vodafone Group on Mobile Money and Head of Safaricom when M-Pesa was launched.

The Findex survey said "although moving money has been based in East Africa, the 2017 update shows that it has spread to the West Africa and further afield".

Earlier this month, the Chief Executive said: Group, Rob Shuter, South Africa's South Cape conference announced that MTN plans to offer Cash to South African and Niger's major markets next year; and is expected to be "the largest provider of mobile financial services in Africa".

It was originally launched in 2012 in South Africa, closed in 2016, when Safaricom was holding a company Vodacom closed M-Pesa home market.

MTN told 24.1 million active mobile users in 14 countries in the end of June.

It is called the joint venture between MTN and Orange, which was announced last weekMowali, for mobile phones interactivity, "can be able to invest money between mobile cash accounts that will be provided by the supplier of any money that offers cash, really and at a low cost" .

ARTICL'S EXPENDITURE EXPRESS

"Mowali benefits from accessing MTN Mobile Money and Orange Money, bringing together more than 100 million mobile cash accounts and mobile cash jobs in 22 of the 46 sub-Saharan Africa markets. Mowali is ready to provide interactive competence between digital financial service providers across the MTN and Orange markets and markets, to support the current 338 million current currency accounts in Africa, "said the companies.

MTN has 225.4 million supporters in 21 countries, in late 2018; As long as there are 201 million worldwide mobile users in 28 countries, at 30 September 2018.

"Digital partner interaction is the most difficult problem for the financial services industry to overcome, in support of financial inclusion," said Kosta Peric, deputy director of Financial Services for the Poor, at his & # 39; Bill & Melinda Gates Foundation. "Le Mowali, Orange and MTN will provide a solution that enables them, and other companies, to maximize digital financial services across Africa, faster than everyone – including poverty. This is a sign that innovation wave, which helps to reduce poverty and provide opportunities for economic opportunities to come. "

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