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MasterCard takes controlling stake in mobile remittance service

MasterCard has teamed up with mobile payment solutions providers eServGlobal and BICS to extend the capabilities of their international mobile remittance platform HomeSend

Payment provider MasterCard has teamed up with mobile payment solutions providers eServGlobal and BICS to extend the capabilities of their international mobile remittance platform HomeSend. The three firms have set up a joint venture which uses the HomeSend platform, in which MasterCard will have a controlling share.

Airtel expands African mobile money service

Airtel Africa extends its mobile money offering in Africa

The African subsidiary of Indian operator group Bharti Airtel has extended its mobile money transfer service across the 17 African markets it operates in. Airtel Africa’s subscribers will be able to send and receive money transfers over the operator’s network, which will be connected to a community of mobile network operators, and money transfer organisations, through the HomeSend hub.

@telecoms