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Mobile Payement

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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.

Focus on security. 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. This partnership builds on the existing “Orange Money International Transfer” offer, which enables Orange Money customers based in Senegal, Côte d’Ivoire and Mali to carry out cross-border money transfers.

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. Basée à New Delhi, la société a développé une solution de portefeuille électronique qui peut être rapidement rechargé pour régler ses achats en ligne, en magasins, et effectuer des transferts d’argent entre particuliers.

Un concurrent de poids Crédit photo: Fotolia, banque d’images, vecteurs et videos libres de droits. “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. A Microsoft spokesperson told Ars that it's too early to herald Microsoft Payments just yet, however. 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. Last week, we discussed the accessibility of mobile money services, focusing on the two distinct channels that customers use to access mobile money services. In this post, I will try to answer the following question: How has the adoption of mobile money evolved in 2014?

How many mobile money registered accounts are in the world? The number of registered mobile money accounts is a good indicator of global growth of mobile money industry. There were just under 300 million registered mobile money accounts by the end of December 2014. This is a remarkable milestone for the industry, as the number of registered mobile money accounts now exceeds the populations of mega markets such as Brazil and Indonesia. How is the industry prompting active customer usage? Perhaps some of this growth in active rates is attributable to a natural evolution.

Notes [2] On a 90-day basis. 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. So here’s the puzzle: why do so many consumers across multiple markets continue to rely on agents to make mobile money transactions over-the-counter (OTC), when sending money directly from an account registered in their own name is cheaper, faster and more convenient?

If this pattern of behavior continues, are OTC transactions likely to be a permanent modality of funds transfer? Or is agent intermediation functionally equivalent to a pair of training wheels for those new to digital payments – to be regarded as a necessary but transitional stage experienced in the development of every mobile money market?

Over-the-Counter (Under the Microscope) Barriers to account registration.