Liberia authorises Lonestar Cell MTN to block fraudulent numbers

10 May 2024

The Liberia Telecommunications Authority (LTA) has authorized Lonestar Cell MTN to block fraudulent numbers used for identity theft and solicitation of funds.

The initiative is part of the actions planned by the LTA to track down perpetrators of fraud via telecom networks across Liberia.

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Chapa and Telegram join forces for mobile payments

07 July 2023

Chapa has announced its partnership with Telegram, one of the world's most popular messaging apps, to empower merchants using Telegram to seamlessly accept payments from their customers, marking a significant milestone for financial inclusion and digital payments in Ethiopia.

Chapa's integration with Telegram's bot ecosystem allows merchants to accept payments without requiring customers to leave the app. Whether through mobile money, bank transfers, or debit/credit cards, Chapa enables users to make payments instantly, enhancing convenience and accessibility. This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.

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SA operator Telkom enters financial services space

04 September 2020

South African operator Telkom is launching a new mobile funeral insurance offer in collaboration with the insurer Guardrisk. 

This investment is in line with the strategic reorientation adopted by Telkom to diversify its revenues to cope with the rapid fall in the fixed-line segment, which now represents only 20% of its revenues against 56% in 2013.

“In recent years, Telkom has made a strategic shift to digital distribution, which puts it in an ideal position to distribute insurance products using its considerable digital structure and intellectual property,” said Sibusiso Ngwenya, managing director of Telkom Financial Services.

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Ukheshe launches TPP payment service in SA

04 September 2020

Ukheshe Technologies, the payments platform specialist, has launched its third-party processing services (TPP) in South Africa through an extended partnership with Mastercard and Nedbank.

This latest announcement by the fintech specialist gives everyday businesses access to prepaid and virtual cards, which were typically only available to large enterprises.

Clayton Hayward, chief executive officer at Ukheshe said that through the innovative payment solutions, businesses in South Africa can now issue virtual prepaid cards to employees or customers.

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