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.
Vodafone has teamed up with payments firm Powa Technologies to enable UK pay as you go customers to top up their credit via QR codes.
Vodafone India has struck a deal with Walmart to enable small firms that use the US retail giant's wholesale stores to make payments through M-Pesa.
Vodafone's Turkish arm is using technology from EyeVerify to enable customers to open its mobile wallet simply by looking at their handsets.
© Finextra Research 2016