Social Media and the effects on Business
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Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa

Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa | Social Media and the effects on Business | Scoop.it
Lower income segments demand less 'Banking Bling' and more utility and value based offerings...

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Why mobile money can work in rural areas - IT News Africa

Why mobile money can work in rural areas - IT News Africa | Social Media and the effects on Business | Scoop.it
IT News Africa Why mobile money can work in rural areas IT News Africa Mobile money is an important means of facilitating the transfer of funds across rural areas in Africa, but services are often designed to function in a specific way – which...
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Mobile banking without a phone: Here comes the bank van

Mobile banking without a phone: Here comes the bank van | Social Media and the effects on Business | Scoop.it
In Uganda, Rwanda, and the Philippines mobile banking vans reach out to the rural poor as an alternative to cell phone banking schemes.
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Mobile money booming in Africa - ITWeb

Mobile money booming in Africa - ITWeb | Social Media and the effects on Business | Scoop.it
ITWeb
Mobile money booming in Africa
ITWeb
GSMA's Global Mobile Money Adoption survey for 2012 revealed that 224 million transactions, totalling $4.6 billion, were processed on mobile money platforms in four African countries in one month.
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Brands That Ignore Social Media Risk Losing Customers, Respect, Says Study [INFOGRAPHIC] - AllTwitter

Brands That Ignore Social Media Risk Losing Customers, Respect, Says Study [INFOGRAPHIC] - AllTwitter | Social Media and the effects on Business | Scoop.it
Brands That Ignore Social Media Risk Losing Customers, Respect, Says Study [INFOGRAPHIC]...

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Lindsey Cruickshank's curator insight, January 25, 3:35 PM

This was a very interesting article to read. The article is a reflection of a survey referred to as the Kiss Social Media Interaction Survey. The findings from the survey ranged from obvious to shocking, nonetheless all of the findings were interesting. The results stated that more than half of the participants agreed that if a brand is not present or not active with its social media it would reflect negatively on the company. In my opinion, this is fairly obvious, that there is no point in following a page if it remains inactive. Moreover, the survey found that 44 percent of people have bought something as a direct result of a recommendation on a social platform, and that mobile (54 percent) was now the most popular way to access these channels, ahead of desktop computer (35 percent) and tablet (11 percent). I find this very interesting. That individuals expressing their opinions on social media can result in others purchasing the same product- this is great incentive for companies to use social media! Although 60% of companies use social media marketing 30% admit that they are unsure how to measure their ROI on social media.  

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Capital Business » MoneyGram starts mobile money transfer in SA

Capital Business » MoneyGram starts mobile money transfer in SA | Social Media and the effects on Business | Scoop.it
NAIROBI, Kenya, Apr 10 – MoneyGram has launched its first international mobile money transfer service in Africa in collaboration with First National Bank (FNB), giving the bank's account holders throughout South Africa ...
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Finextra: Pre-paid vouchers to kill off mobile wallet prospects in South Africa - Standard Bank

Finextra: Pre-paid vouchers to kill off mobile wallet prospects in South Africa - Standard Bank | Social Media and the effects on Business | Scoop.it

"Explosive growth in pre-paid money vouchers in South Africa has killed the mobile wallet as a viable payment instrument says Herman Singh, CEO of Beyond Payments, the payment innovation arm of Standard Bank."


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Andre Van Veen's curator insight, August 4, 2013 2:51 PM
Really dont believe this. Mobile money hasn't even taken off in South Africa yet. Maybe something the banks want to believe.
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RLabs » Research: Availability and adoption of m-Government services in South Africa

RLabs » Research: Availability and adoption of m-Government services in South Africa | Social Media and the effects on Business | Scoop.it

The adoption and penetration of mobile phones has been on the rise in South Africa with the increased cellular network coverage being a key driver to this growth. It has also fast tracked its usability in a number of areas such as education, health and payments, yet its adoption for m-Government has not experienced the same level of growth. Although m-Government is a prospect for South Africa, current e-Government infrastructure needs to improve in order to realize the possibilities and potential it offers.In this paper the availability of m-Government services and the barriers to adoption were investigated.


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Capital Business » MoneyGram starts mobile money transfer in SA

Capital Business » MoneyGram starts mobile money transfer in SA | Social Media and the effects on Business | Scoop.it
NAIROBI, Kenya, Apr 10 – MoneyGram has launched its first international mobile money transfer service in Africa in collaboration with First National Bank (FNB), giving the bank's account holders throughout South Africa ...
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Rescooped by Andre Van Veen from Transformations in Business & Tourism
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Surprise! Guess Which Country is 2nd for Mobile Money Globally?

Surprise! Guess Which Country is 2nd for Mobile Money Globally? | Social Media and the effects on Business | Scoop.it

We all know that M-PESA in Kenya dominates the mobile money conversation in Africa, where mobile banking has expanded to 16% of the market. So its easy to assume that Kenyans have the highest usage of mobile money anywhere in the world.

Look who is second on the list: Sudan!

Surprising eh? It shouldn’t be. Yes, only 13 per cent of South Sudan’s eight million people currently own a mobile phone, and there are fewer than 0.01% have bank accounts, but that looks like opportunity to mobile money operators. Zain already has 40% of the South Sudan mobile market and they predict that by 2016, mobile money will have a turnover of $1.03 billion.

 

Read more at: http://www.ictworks.org/news/2013/04/10/guess-which-country-is-2nd-for-mobile-money-in-africa-it-will-surprise-you/


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Making mobile money pay in Africa

Making mobile money pay in Africa | Social Media and the effects on Business | Scoop.it
If phones are really going to replace wallets in Africa – and elsewhere – there needs to be a rethink of how they are used, argues technology analyst Tony Burks...

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How Mobile Money Improves Development Outcomes for the Unbanked

How Mobile Money Improves Development Outcomes for the Unbanked | Social Media and the effects on Business | Scoop.it

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Open Statement on Electricity in Africa

Open Statement on Electricity in Africa | Social Media and the effects on Business | Scoop.it
43 African development leaders sign ONE's statement to light up Africa's future (RT @ONECampaign: +40 Development, Africa & NGO leaders sign ONE's Open Statement on Electricity in Africa http://t.co/s11qLcVpkz...
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MasterCard Tap & Go Contactless Technology Paves the Way for Mobile Payments in Canada

MasterCard Tap & Go Contactless Technology Paves the Way for Mobile Payments in Canada | Social Media and the effects on Business | Scoop.it
MasterCard signed an agreement with Rogers Communications to support mobile payment innovation with MasterCard Tap & Go Contactless Technology
Andre Van Veen's insight:

NFC is the way of the future to create a cashless enviroment. Just a pity We are far behind!!!

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Bank Marketing Strategy: Mobile Payments Growth: Just The Tip of The Iceberg?

Bank Marketing Strategy: Mobile Payments Growth: Just The Tip of The Iceberg? | Social Media and the effects on Business | Scoop.it
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Telecoms firms pin hopes on mobile banking - Independent Online

Telecoms firms pin hopes on mobile banking - Independent Online | Social Media and the effects on Business | Scoop.it
Telecoms firms pin hopes on mobile banking
Independent Online
Johannesburg - Cellular operators want to open up their networks for more banking transactions as they have pinned their hopes on mobile money to grow revenues in the future.
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Making mobile money pay in Africa

Making mobile money pay in Africa | Social Media and the effects on Business | Scoop.it
If phones are really going to replace wallets in Africa – and elsewhere – there needs to be a rethink of how they are used, argues technology analyst Tony Burks...

Via Online Africa, Andre Van Veen
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Rescooped by Andre Van Veen from Social Media and the effects on Business
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Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa

Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa | Social Media and the effects on Business | Scoop.it
Lower income segments demand less 'Banking Bling' and more utility and value based offerings...

Via smartfinserv, Andre Van Veen
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Rescooped by Andre Van Veen from Banking Innovation
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Finextra: Pre-paid vouchers to kill off mobile wallet prospects in South Africa - Standard Bank

Finextra: Pre-paid vouchers to kill off mobile wallet prospects in South Africa - Standard Bank | Social Media and the effects on Business | Scoop.it

"Explosive growth in pre-paid money vouchers in South Africa has killed the mobile wallet as a viable payment instrument says Herman Singh, CEO of Beyond Payments, the payment innovation arm of Standard Bank."


Via smartfinserv
Andre Van Veen's insight:
Really dont believe this. Mobile money hasn't even taken off in South Africa yet. Maybe something the banks want to believe.
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Rescooped by Andre Van Veen from Personal Financial Management
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iPhone 4s Contract Comparison

iPhone 4s Contract Comparison | Social Media and the effects on Business | Scoop.it
Smartphones are becoming an increasingly popular choice for people in South Africa. So we compared iPhone 4s contracts from the 3 big cellular networks.

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How Big Will The M2M Connected Device Market Be In 2020?

How Big Will The M2M Connected Device Market Be In 2020? | Social Media and the effects on Business | Scoop.it
How Big Will M2M, Connected Device Markets Be? gsma So what precisely does this forecast by the GSM Association actually mean? It isn't obvious. The GSMA uses a definition of the "machine-to-machine" (M2M) market ...

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Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa

Prepaid vouchers not sophisticated wallets drive growth in money-based transactions in South Africa | Social Media and the effects on Business | Scoop.it
Lower income segments demand less 'Banking Bling' and more utility and value based offerings...

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The bank of SMS

The bank of SMS | Social Media and the effects on Business | Scoop.it
Banking on the move in AfricaAFRICA is the continent where “mobile money”—monetary transactions on mobile phones—is by far the most advanced. According to a...

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Mobile Money in Kenya

Mobile Money in Kenya | Social Media and the effects on Business | Scoop.it
High-tech incubators and building on the success of the mobile money system M-Pesa

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Mobile functionality a part of daily transactions - BDlive

Mobile functionality a part of daily transactions - BDlive | Social Media and the effects on Business | Scoop.it
Mobile functionality a part of daily transactions BDlive Mr Gillon says the numerous existing e-wallet providers will eventually consolidate into four or five that provide withdrawals, account payments and the ability to purchase prepaid...
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