Vodafone Group Plc (“Vodafone Group”) announces today that its wholly-owned subsidiary, Vodafone International Holdings B.V. (“Vodafone”), has agreed to transfer part of its indirect shareholding in Safaricom Limited (“Safaricom”) to Vodacom Group Limited (“Vodacom”), its sub-Saharan African subsidiary.
Ingenico Group, the global leader in seamless payment, OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, and Vodafone announced that they have been collaborating to define a disruptive connectivity management solution based on embedded Universal Integrated Circuit Card (eUICC).
Vodafone and PayPal have joined forces to allow UK customers to make contactless payments in shops, restaurants and on transport services with their Android smartphones, funded from their PayPal accounts.
MasterCard, a leading technology company in the global payments industry, has completed the migration of 2 million Vodafone Cash mobile wallets to its open mobile payments ecosystem, as part of its collaboration with Vodafone Egypt, the largest mobile network operator in the country.
Today at Mobile World Congress, HomeSend, the international payment and money transfer hub, announced the expansion of its global framework agreement with Vodafone Group for M-Pesa, including the launch of remittance services into five new markets during 2016.
Ingenico Group (Euronext: FR0000125346-ING), the global leader in seamless payment, today announced that Vodafone Hungary has selected its comprehensive fully managed mobile payment solution to provide micro and small merchants with its brand new ReadyPay all-inclusive offer.
Azimo, the digital money transfer service, has joined forces with Vodafone Romania to integrate the mobile payment service, M-Pesa, into the Azimo iOS and Android apps.
Vodafone is to launch its M-Pesa mobile money service in Ghana, where 64% of the population do not have bank accounts.
Vodafone Wallet users will be able to pay for goods and services contactlessly using their MasterCard cards, with the service scheduled to launch to consumers in European markets within weeks.
In a move designed to boost financial inclusion, the Reserve Bank of India has given "in-principle" approval to 11 applicants - including telcos, tech firms and the country's postal service - seeking to set up so-called payments banks.
© Finextra Research 2017