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MTN Rwanda partners Bank of Kigali for mobile payments

2015-06-11 20:12:00| Telecompaper Headlines

(Telecompaper) MTN Rwanda said that it and the Bank of Kigali have partnered to improve access to mobile financial services (MFS) by enabling customers to move money between their MTN Mobile Money wallets and their Bank of Kigali accounts and vice versa. All MTN Subscribers who are also customers of Bank of Kigali can now have their Mobile Money wallets linked to their bank accounts, meaning that they can pull money from their Bank Accounts onto their mobile money wallet or push money from their wallets to their bank accounts automatically. In addition, Bank of Kigali customers can now use the MTN service centres and MTN Mobile Money agents to first load their wallets and then push the funds from their wallets to their bank accounts. Customers can also indirectly load their wallets by depositing in their bank accounts at any of the BK branches, mobile vans and over 900 agents countrywide. Access to various innovative financial services under the Mobile Money platform is aimed at supporting the Rwandan government's efforts to deepen financial inclusion in the country and promote a cashless economy.

Tags: mobile partners bank payments

Apple Pay payments 'capped at 20'

2015-06-09 13:40:02| BBC News | Business | UK Edition

Payments using the new Apple Pay system will be limited to 20 when it launches in the UK in July, the BBC understands.

Tags: pay apple payments capped

Samsung Elec's new smartwatch to offer mobile payments - Electronic Times

2015-06-08 08:45:12| Electronics - Topix.net

Tech giant Samsung Electronics Co Ltd plans to offer a mobile payments function in a smartwatch to be launched in the second half of the year, South Korea's Electronic Times newspaper reported on Monday citing unnamed sources. A man talks on a phone in front of a giant advertisement promoting Samsung Electronics' new smartphone Galaxy S6 in central Seoul, South Korea, April 28, 2015.

Tags: times offer mobile electronic

Samsung Elec's new smartwatch to offer mobile payments - Electronic Times

2015-06-08 05:00:28| Semiconductors - Topix.net

Tech giant Samsung Electronics Co Ltd plans to offer a mobile payments function in a smartwatch to be launched in the second half of the year, South Korea's Electronic Times newspaper reported on Monday citing unnamed sources. Samsung would use near-field communication technology to support mobile payments on the smartwatch, the report said.

Tags: times offer mobile electronic