The MTN Group has announced that the successful launch of Mobile Money Transfer (MMT) in Uganda marks the beginning of a series of planned launches across its operations in Africa and Middle-East. The product, called MTN MobileMoney, is a convenient, secure and affordable way for MTN subscribers to send money, buy airtime and pay bills using the mobile phone. Whether users have an existing bank account or not, they can register for MTN ...  [Read more]

MTN customers can now finally use the much anticipated MTN Mobile Money transfer service following the commercial launch of the product today. Upon registration, users will be able to send and receive cash using their mobile phones. The introduction of the product to the market brings to a close a comprehensive test period that saw the product undergo a rigorous five months market test and subsequent approval by Bank of Uganda. The planning ...  [Read more]

Mobile Money for the Unbanked programme to extend reach and reduce cost of mobile money services for people living on less than US$2 a day 17 February 2009, Barcelona: The GSMA, which represents the interests of the worldwide mobile communications industry, and the Bill & Melinda Gates Foundation today announced an innovative programme that will expand the availability of financial services to millions of people in the developing world ...  [Read more]

MTN is piloting a domestic money transfer service in South Africa using its MobileMoney system, as an added value to its customers. Customers will be able to transfer and receive money from designated MTN outlets across South Africa in a pilot project to test market acceptance prior to a possible broader rollout during 2009. “The development of this Money Transfer service is a joint venture between Standard Bank and MTN Banking, offering a ...  [Read more]