All articles by Carlos Martin
Carlos Martin
Small – but perfectly formed – payments
Swedish micropayments provider Flattrs mission is to support free web content by allowing readers and viewers to make online tips to bloggers and other online creators
Rwanda and Cote d’Ivore, new m-remittances service
MTN Mobile Money and MFS Africa have announced the deployment of MTNMMO.COM, a mobile remittances services for Rwanda and Ivory Coast The MTNMMO.COM is intended to work alongside the existing local mobile money transfer systems, already popular among the unbanked population in African countries
Western Union targets banked web-savvy migrants
Western Union has launched a fee-free promotion for people sending money online from the US to Mexico, India and the Philippines. India ranked at the top of the recipient countries in 2011, with an estimated flow of USD64 billion, followed by Mexico (USD 24 billion) and Philippines (USD 23 billion) according to the World Bank
Airtel bolsters e-commerce in Ghana and Rwanda
Airtel Ghana and software firm Rancard have launched Airtel Money Market, an online store which opens an additional e-commerce channel for Airtel Money customers and merchants The online platform is powered by Rancard’s Rendezvous Technology which allows social interactions from users when buying a product online.Kola Sonola, director for m-commerce at Airtel Ghana told local media that Airtel Money Markets aim is positioning Airtel Money as an easier payment solution for online shopping.
Luup to power real-time mobile remittances corridor UAE- India
The National Bank of Abu Dhabi (NBAD) has upgraded it mobile based SMS payment service, Arrow, to allow remittances into India via mobile phones NBAD claims it is the first time a bank has introduced a real-time international account-to-account money transfer service in the world.
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EBA Clearing signs up Italian banks for MyBank
The clearing and settlement operation of the Euro Banking Association, EBA Clearing, has announced that its banking e-payment solution MyBank has garnered the support of the main Italian industry players. At Edinburghs EBA Day conference, EBA Clearing confirmed that Italys major banks, whose payment market share represents some 75% in the country, have put their weight behind MyBank initiative
SEPA: Clear2Pay to provide open payment platform for RBS
Payment solutions provider Clear2Pay will provide Royal Bank of Scotland (RBS) with its Open Payment Framework (OPF) to drive the banks payment hub across the Single Euro Payments Area (SEPA).The Open Payment Framework will support SEPA credit transfers and direct debit processing for all UK, Ireland and international banking clients.The banks EMEA Transaction Services includes operations from 18 international RBS branches and its chosen financial institutions clients and partner banks.RBS has chosen the Belgium-based firm due to its proven execution track record and quality of references across Financial Institutions (FI) and Clearing and Settlement Mechanism (CSM) users for SEPA processing, said Kevin Brown, global head of product management at RBS
Digicel Pacific unveils m-money service in Polynesia
Mobile network operator Digicel Pacific is launching a new mobile money service this week in the Kingdom of Tonga, a sovereign archipelago in the South Pacific.Digitels mobile money service will be supported by Verifone’s m-wallet that comes with an NFC-enabled solution.”Combining our existing Mobile Money product with VeriFone m-wallet services and NFC acceptance systems helps us offer our subscribers an easy, convenient and integrated mobile money experience, said Darren McLean, commercial director of Digicel Pacific.Digitel’s m-money service uses NFC tags from Digicel linked to mobile numbers and VeriFone’s contactless payment acceptance systems
Location-based advertising: 28% share of mobile ads by 2016
Swedish intelligence consultancy Berg Insight foresees a sharp increase in the value of the location-based advertising (LBA) market from 192m in 2011 to 4.9bn in 2016, rising at a compound annual growth rate (CAGR) of 91%. According to a new report by the Gothenburg-based firm, LBA will represent some 28.3% of all mobile advertising and marketing worldwide, and 4% of all digital advertising.
Breaking the pay wall: Flattr bolsters micropayment network
Social micropayments start-up Flattr has extended its micro donations network to film- makers through a new partnership with video hosting site Dailymotion. Flattr allows online users to tip or make micro donations whenever they see a Flattr button on a blog or a website By clicking the button, the micropayment goes to an account between the content creators and Flattr