Headline News is compiled by Glenbrook Partners: Voila & Unibank Receive All Regulatory Approvals to Launch First Mobile Money Solution in Haiti Zuora Delivers Z-Payments 3.0 Subscription Billing Solution Sentenial and ING launch SEPA mandate management solution for corporates across Europe PayPal Blog: Payments – Coming to a TV Near You Soon? Note: Throughout the day, as we spot interesting developments, this post is updated.
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MTN Group, the leading mobile operator in Africa and the Middle East, and Western Union have announced a commercial agreement to introduce international mobile remittance services in the 21 countries where MTN operates. This will allow MTN subscribers to send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts.
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Monitise has announced its enhanced technology platform which “incorporates a range of mobile banking and payment services to deliver fast, secure financial management by mobile phone across the world. The platform enables financial institutions, mobile phone networks, service providers, payment companies and processors to offer a wide variety of Mobile Money services in both developed and emerging markets.” The platform offers the following products: * Monitise Mobile Wallet – setting up a virtual wallet on a mobile handset to enable mobile payments and commerce for people without bank accounts, and managing the associated agent networks * Monitise Mobile Payments and…
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Nokia has introduced Nokia Money – a new mobile service operated in conjunction with Obopay – calling it “a new mobile financial service offering consumers with mobile device access to basic financial services. For many consumers, this will be the first time they have had any access to such financial services.”
According to the company, “Nokia Money has been designed to be as simple and convenient as making a voice call or sending an SMS. It will enable consumers to send money to another person just by using the person’s mobile phone number, as well as to pay merchants for goods and services, pay their utility bills, or recharge their prepaid SIM cards (SIM top-up). The services can be accessed 24 hours a day from anywhere, meaning savings in travel costs and time. Nokia is building a wide network of Nokia Money agents, where consumers can deposit money in or withdraw cash from their accounts.”