Mauritius Telecom partners with petrol body for cashless payment service
10 May 2022
Mauritius Telecom has joined forces with the Petroleum Retailers Association to enable cashless fuel payment in filling stations via the my.t money service, free of charge for both customers and petroleum retailers.
Sherry Singh, chief executive officer at the telco said that as a commercial enterprise, Mauritius Telecom had to earn profits so that it could provide further innovative products and services. However, he averred that the best interest of the population was the basis of the partnership with the Petroleum Retailers Association.
Find out more New e-platform saves the lives of mothers
10 May 2022
Tanzania has launched a system dubbed “M-Mama” that uses a mobile platform to connect pregnant women in rural areas to emergency transport in a bid to reduce maternal deaths.
The country’s president Samia Suluhu Hassan introduced the system dubbed “M-Mama” that uses a mobile platform to connect pregnant women in rural areas to emergency transport in a bid to protect pregnant and postpartum women.
Funded by Vodacom Tanzania in collaboration with the Ministry of Health, the platform was introduced as a pilot in Shinyanga and Sengerema in 2017 where it helped a total of 12,000 mothers and children and reduced deaths caused by lack of emergency transport.
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Ghana Chamber of Telecommunications institutes warning systems to curb mobile money fraud
07 April 2022
The Ghana Chamber of Telecommunications (GCT) is instituting warning systems to identify and curb mobile money fraud in the country, as the services continue to evolve and new types of fraud emerge in the sector.
Identity theft through SIM swapping, promotional and social engineering scams are the highly reported incidents of fraud. This has brought about a significant economic loss for users.
So far, 35,000 incidents of fraud have been reported to the Ghana Chamber of Telecommunications. About 28,000 devices have been blocked. Seventeen thousand IDs have been blacklisted.
Find out more Mobile money growth ‘hugely evident’ in sub-Saharan Africa, says GSMA report
07 April 2022
Mobile money adoption and use saw continued growth in 2021, processing a record US$1tn annually, according to a new report from the GSMA.
The annual State of the Industry Report on Mobile Money says the industry enjoyed a substantial increase in the number of registered accounts, up 18% since 2020 reaching 1.35 billion globally. The volume of person-to-person transactions were up to more than 1.5 million every hour.
Furthermore, the report reveals that one of the most significant drivers of growth was merchant payments, which almost doubled year on year. Other highlights include how mobile money continues to act as a core pillar of financial and economic inclusion, particularly for women.
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