Comment: Digital commerce takes main role at Mobile World Congress. Paul Crutchley, value added services director at the GSMA, gives his view on Samsung LoopPay, Google's Android Pay and the other digital commerce developments at this year's Mobile World Congress.
There was a great buzz at Mobile World Congress (MWC) this year around mobile payments. Some of the market's biggest players announced new solutions that should appeal to an even broader range of customers. With the industry debating how to make mobile payments work better for customers, the focus now is to encourage retailers, banks, operators and card schemes to work together. The GSMA's Innovation City was the epicentre for anyone looking to leverage technology to improve customer relationships and the brands that stood out were those that focused on providing consumers with a consistent experience on their mobile, from search to purchase. Mobile retail continues to grow The launch of new services such as Samsung LoopPay should further encourage people to shop this way. Orange and Airtel join forces to enable international money transfers between Côte d’Ivoire and Burkina Faso.
Orange and Airtel join forces to enable international money transfers between Côte d’Ivoire and Burkina Faso As of today, customers of Orange Money in Côte d’Ivoire can use their mobile phones to send money to customers of Airtel Money in Burkina Faso, and vice versa.
This partnership between Orange and Airtel enables Orange customers, for the first time, to send and receive money to or from people based in a country outside the Group’s footprint. In addition, thanks to the interconnection between the two operators’ mobile money platforms, it is also the first time that people living in Burkina Faso will be able to send money to contacts in Côte d’Ivoire using their mobile phones. M-PESA Customers Now Able to Send and Receive Money from Tanzania. M-PESA Customers Now Able to Send and Receive Money from Tanzania For the first time in its history, Safaricom’s M-PESA customers will be able to send and receive money from Tanzania, in a move that is aimed at deepening financial inclusion and give a further boost to the regional integration agenda.
Safaricom has partnered with Tanzanian mobile service operator Vodacom to enable seamless transactions between Kenya’s nearly 20 million M-PESA customers and Tanzania’s 7 million M-PESA customers. "This is a new chapter in the continuing growth story of M-PESA. Enabling transactions between Kenya and Tanzania will make more convenient for individuals to transact across borders and unleash the transformative power of a first of its kind cross-border payment system," said Safaricom’s CEO Bob Collymore. www.safaricom.co.ke.
Paiement mobile: avec MobiKwik, Cisco et American Express veulent leur part du gâteau en Inde. Tous les grands noms de l’Internet multiplient les prises de position dans le paiement mobile.
Apple a lancé sa solution de paiement sans contact en septembre dernier, Google dispose déjà de son Wallet et a récemment racheté Softcard pour poursuivre ses efforts. En Asie, où les paiements mobiles sont plus développés, notamment sur les applications de messagerie instantanée comme WeChat ou Line, le géant de l’e-commerce Alibaba dispose de son service Alipay et a récemment fait la démonstration d’une solution de paiement sur smartphone fonctionnant sur la base d’une reconnaissance faciale. 15 millions d’utilisateurs Mais cette fois-ci, c’est en Inde qu’il faut regarder. La start-up MobiKwik vient de lever 25 millions de dollars (23 millions d’euros) auprès du fonds singapourien Tree Line Asia, en tant que principal investisseur.
Un concurrent de poids « Avec 90% des Indiens non bancarisés, les paiements par le biais d’un portefeuille mobile sont parfaitement logiques. “Microsoft Payments” may join Apple, Android, Samsung in pay platforms. In February, Microsoft quietly applied for licensing to be a money transmitter in all 50 states as well as an assortment of current and former US territories.
Banking consultant Faisal Kahn recently found an application (PDF) submitted by Microsoft at the Financial Crimes Enforcement Network (FinCEN) to be a Money Services Business (MSB), suggesting that the company is taking next steps to develop its own mobile payments platform akin to Google Wallet (or Android Pay), Apple Pay, and the yet-to-be launched Samsung Pay. Kahn confirmed that Idaho was one of the first states to grant Microsoft a license to be a money transmitter, as listed on the Nationwide Multistate Licensing System (NMLS) registry. NMLS does not publish information on applications not yet approved by the state.
In March, Microsoft announced that its forthcoming Windows 10 for phones and small tablets (a.k.a. Adoption of mobile money: How has the adoption of mobile money evolved in 2014? The post is part of a series looking at key findings from the 2014 State of the Industry Report on Mobile Financial Services.
OTC & Mobile Money: How does usage differ across regions? This post was written by Rebecca Mann and Abed Mutemi, who are part of the Financial Services for the Poor group at the Bill & Melinda Gates Foundation.
It is the second in a series on global OTC exploration, produced by the Bill & Melinda Gates Foundation and GSMA. Read the first overview post here.