Mobile money news
Here are some recent mobile money news updates:
1. M-Pesa reaches 50 million users in Africa
Vodafone's mobile money service, M-Pesa, has reached a milestone of 50 million users across Africa. The service is available in 10 countries, including Kenya, Tanzania, and Mozambique. (Source: Vodafone)
2. Google launches Tez, a mobile payment app in India
Google has launched Tez, a mobile payment app in India, which allows users to make transactions using their mobile phones. The app is integrated with popular payment methods like UPI, credit cards, and debit cards. (Source: The Verge)
3. Samsung Pay launches in the UK
Samsung Pay, the mobile payment service from Samsung, has launched in the UK, allowing users to make contactless payments using their Samsung smartphones. The service is available on select Samsung devices. (Source: Samsung)
4. Mastercard launches Mastercard Cash, a mobile money service in Africa
Mastercard has launched Mastercard Cash, a mobile money service in Africa, which allows users to store cash on their mobile phones and make transactions. The service is available in several African countries, including South Africa and Nigeria. (Source: Mastercard)
5. PayPal launches mobile payment service in India
PayPal has launched a mobile payment service in India, allowing users to make transactions using their mobile phones. The service is integrated with popular payment methods like UPI and credit cards. (Source: PayPal)
6. M-Pesa launches mobile money service in Europe
Vodafone's mobile money service, M-Pesa, has launched in Europe, allowing users to make transactions using their mobile phones. The service is available in several European countries, including the UK and Spain. (Source: Vodafone)
7. Alipay launches mobile payment service in the US
Alipay, the mobile payment service from Ant Financial, has launched in the US, allowing users to make transactions using their mobile phones. The service is integrated with popular payment methods like credit cards and debit cards. (Source: Alipay)
8. Mobile money transactions reach $1 trillion in 2020
According to a report by the GSMA, mobile money transactions reached $1 trillion in 2020, up from $500 billion in 2019. The report also predicts that mobile money transactions will reach $2 trillion by 2025. (Source: GSMA)
9. M-Pesa launches mobile money service in Asia
Vodafone's mobile money service, M-Pesa, has launched in Asia, allowing users to make transactions using their mobile phones. The service is available in several Asian countries, including Indonesia and the Philippines. (Source: Vodafone)
10. Mobile money adoption increases in Latin America
According to a report by the GSMA, mobile money adoption has increased in Latin America, with 44% of the region's population using mobile money services. The report also predicts that mobile money adoption will continue to grow in the region. (Source: GSMA)
These are just a few of the latest mobile money news updates. Mobile money is a rapidly growing industry, and there are many exciting developments happening around the world.