M-Pesa: Yet to make an impact in India

M-Pesa has established itself globally as one of the most successful mobile micro-finance and money transfer services. Its network consists of the following countries and regions: Afghanistan, South Africa, parts of Eastern Europe, Kenya, and India. Vodafone, India’s second largest mobile operator introduced M-Pesa in India in 2011. It has [...]

By |2020-05-08T09:15:52+01:00May 31st, 2015|Tags: , , , |

Pakistan’s Easypaisa makes banking popular and accessible

Pakistan’s first mobile based branchless banking service, Easypaisa, is the creation of Tameer Microfinance Bank and the international telecommunication giant, Telenor. Established in 2009, the service is now accessible in more than 800 cities and towns throughout Pakistan. It has an average of six million users per month. In [...]

By |2019-01-11T18:24:21+00:00May 31st, 2015|Tags: , , , |

M-PESA: how Kenya took the lead in mobile money

By Janet Kamana, Nairobi M-PESA is a mobile money transfer service supported by Safaricom, Kenya's largest mobile network operator. It is arguably the most developed mobile money transfer system in the world, and has transformed the lives of many Kenyans. With over 18.2 million subscribers in a country [...]

By |2021-08-15T05:38:27+01:00April 7th, 2014|Tags: |

SMS payments and charities

Unlike other business users of SMS Payments, charities are usually given the full value of the donation. With other business users, the mobile payment provider will charge a transaction fee. Mobile payment providers usually waive this fee for charities to ensure that the charity gets the full benefit of the [...]

By |2021-08-05T12:00:47+01:00May 19th, 2013|Tags: |

The bad press history of sms payments

When you ask anyone about premium SMS they will usually think of the companies that you used to see on television offering ringtones, wallpaper, games, photos or dating sites that people could download to their mobile phones. With these companies, SMS payments very quickly got a very bad reputation. Some [...]

By |2020-10-30T12:57:37+00:00May 17th, 2013|Tags: |

Should I accept SMS Payments?

In a word, yes.  If you want to have access to billions of customers worldwide and provide them with an easy, quick and secure way to purchase your product, then yes, you should accept SMS payments. If you want to accept micropayments, then definitely, yes, you should accept SMS payments. [...]

By |2021-07-12T18:10:59+01:00April 7th, 2013|Tags: |

Growing use of SMS payments around the world

United States of America In the USA most mobile phone operators, banks and developers are banking on NFC technology being the key technology to the growth of mobile payments. In the United States users can already use smartphones to pay for goods (Starbucks, MobilePay USA) or to accept payments for [...]

By |2020-10-30T12:55:28+00:00April 7th, 2013|Tags: |

Security of SMS Payments

SMS payments are incredibly secure.  This is the main point you need to emphasise to your customers, to reassure them that any SMS payment transaction will be safe for them.  When you come to ask for payments via SMS remind them that because the customer doesn't need to enter in [...]

By |2020-10-30T13:37:54+00:00April 7th, 2013|Tags: |

How do SMS payments work for users?

SMS payments are one of the easiest and safest ways to pay for items.  For the user there is no need to remember passwords or have access to their credit card or bank details; in fact, users don't need to have a bank account at all, which explains why SMS [...]

By |2020-10-30T13:05:32+00:00April 7th, 2013|Tags: |

JunglePay from txtNation – SMS Payments

JunglePay is a free to install payment solution from txtNation – an award winning UK company that has been at the forefront of SMS payment technology, SMS payments and SMS messaging solutions for the past 8 years. SMS Payments from 80+ Countries JunglePay allows you to collect SMS payments from [...]

By |2020-10-30T13:02:26+00:00April 7th, 2013|Tags: |