Mobile Money

Africa, Mobile Services, and Future

The development of mobile telecommunications in Africa is one of the most rapid in history of the industry. Even now mobile penetration continues to grow at 26% rate with 500 million people already having a mobile device. With such a huge numbers one may think that launching a service there is a certain success. However, .. read more

On December 22nd, 2011, posted in: Mobile Money, Trends by Tags: ,

How easily implement secure mobile financial service from scratch

Whether you are looking to build a mobile service in developing countries, where mobile finance is a hot trend now, or improve your existing infrastructure, Eyeline Financial Service Delivery Platform (EFSDP) is a solution to consider. With a huge experience in mobile technologies we created a solution that ultimately solves all current problems in this .. read more

On November 30th, 2011, posted in: Mobile Money by Tags:

Nigeria and Mobile Finance

We have a lot of requests coming from Nigeria where people are eager to launch new mobile services. It’s no wonder. Nigeria is continent’s largest mobile market and tenth largest market in the world. And it’s just a beginning. Mobile money is an industry which is on the rise now all over the world. The .. read more

Create A Mobile Service, Reach More, Pay less

With more than 90 million mobile phone users and 50 percent penetration, Nigeria is one of the most “mobile” countries in Africa. Add the fact that 67 percent of Nigeria’s adult population is unbanked, and we have the place to which the phrase “huge potential for the development of mobile payments” fits just right. And .. read more

The Role of Mobile Payments in Africa

It is evident now that developing countries will benefit greatly from embracing mobile technology. Mobile financial services will be the most powerful tool for economic and social development in these emerging economies. Improved access to finance fostered entrepreneurship, new business creation and new jobs – these are consequences of using mobile phones that will help .. read more

User experience for mobile payment services. What’s important?

Following the post about Eyeline Financial Service Delivery Platform (FSDP) let’s talk about user experience. User experience is most vital thing, besides security and costs, which defines a technology’s suitability for mobile money transfers. Not only great user experience is essential for developing countries, where people have poor education. It is also true for any .. read more

Eyeline Financial Service Delivery Platform for Africa

This time the focus is on Africa. There have been some major moves by governments in Kenya and Nigeria regarding mobile cash transfer policy. The Central Bank of Nigeria decided to regulate the quantity of cash in circulation by encouraging the use of electronic payment channels, one of them being mobile payments. In Kenya, Prime .. read more

USSD is Used in 20% of Known Mobile Money Deployments

A lot in this blog has been said about USSD as a preferred channel for mobile money. Especially when you consider Global USSD — technology which delivers USSD to any network, in any country. Today you will see some statistics which has been compiled by GSM Association’s Group for Mobile Money for the Unbanked thanks .. read more

On June 1st, 2011, posted in: Mobile Money, USSD, USSD installations by Tags: ,