Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

MTN Zambia adopts aggressive approach to mobile money service - ITWeb Africa

15/06/2017 Link to source

MTN Zambia adopts aggressive approach to mobile money service MTN Zambia is working towards ensuring that all of its 5.6 million voice customers subscribe to its mobile money service. The company has introduced a number of incentives, including the micro lending service Kongola loans, to attract more subscribers.

Context

https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/zambia.gifZambia
The Republic of Zambia is a landlocked country in Southern Africa.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/mobilemoney.pngMobile money
The Mobile Money service category described by Shift Thought™ refers to financial services that provide a stored value account where the customer relationship is not with a bank.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/mobilewallet.pngMobile wallet
Mobile Wallet service category refers to the use of an account and stored value or e-money associated with a mobile subscriber.
Africa Region
World's second largest and second most populous continent, after Asia
Middle East & Africa
Middle East and Africa
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/mtn.pngMTN - ZAMBIA
MTN has a vision to become the leading provider of communication services on the African Continent. MTN has duplicated its outstanding success from South Africa in its operations in Rwanda, Uganda, Swaziland, Cameroon and Nigeria.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/visa.pngVisa Mobile Money - Kenya
Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/visa.pngVisa Mobile Money
Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngMobile Money
Mobile money uses ownership of the mobile to extend financial access
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/aircelicicimm.pngAircel ICICI Mobile Money
Aircel partnered with ICICI to launch Mobile Money, a prepaid account for Aircel subscribers through which they can transfer funds, pay bills and enjoy other services from their mobile phones.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/visa.pngVisa Mobile Money
Visa Inc. launched their new plug-and-play mobile money platform to offer bank-grade financial services with simplified transactions in February 2016, claimed to be more cost-efficient for financial institutions and mobile operators.

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