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Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Fintech Finance

Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money , one of Africa’s leading cross-border money transfer operators, and Access Bank , to launch new WhatsApp-powered bank card that stands out for its innovative use of WhatsApp banking.

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Laos’ Path to Financial Inclusion: Mobile Money, Digital Payments, and Future Growth

The Fintech Times

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. Laos, a landlocked country bordered by Myanmar and China to the north, Thailand to the west, Vietnam to the east, and Cambodia to the south, has a rich but challenging history.

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Mama Money Launches WhatsApp Banking Card to Simplify Access to Finance

The Fintech Times

Paymentology , the global issuer-processor has partnered with Mama Money , the African cross-border money transfer operators, and Access Bank , to launch a new bank card service that will utilise WhatsApp banking.

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Finovate Global Uzbekistan: Fintech Innovation and Banking Breakthroughs in Central Asia

Finovate

Demand from consumers for financial services is already significant and continuing to grow, with point-of-sale (POS) digital payment volumes tripling to over $22 billion in the three years ending in 2023, with the number of POS terminals and bank cards in circulation doubling over the same time period.

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BKN301 Introduces Cutting-Edge BaaS Orchestrator Platform to Empower Banks and Fintech Companies

Fintech Finance

The orchestrator solves numerous issues related to digital banking, such as costs, market scalability and migrations problems. It minimises costs on core banking, card issuing, payments acquiring (online and offline), cross-border remittances, bill payments and services top ups.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

If this happens, [India’s] financial inclusion program would be severely impacted, as millions of beneficiaries under the government’s Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, who withdraw subsidies in the form of cash through ATMs, may find their neighborhood ATM shut,” said CATMi, which warned that there will be long lines to get cash out.

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Seven Ways Mobile Pay Made News In The US — And Cuba

PYMNTS

Introducing these money transfer services will not only foster financial inclusion but they can have a positive impact on the day-to-day quality of life — eliminating long lines and fostering greater choice in this community,” Schulman wrote. 70 Percent | The Market Share UnionPay Has Of The Bank Card Companies In China.