Spring in the air
Mark Bridge writes:
The past few days have seen the arrival of two familiar seasons. Not only has the sun peeked its head from behind the clouds in an approximation of Spring but the mobile industry has been releasing its quarterly results.
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Vodafone India has partnered with ICICI Bank to launch the M-Pesa mobile money transfer and payment service in India. It’s estimated that approximately 700 million people in the country have no access to conventional banking.
M-Pesa was first launched in Kenya in 2007, allowing customers to send and receive small amounts of money on mobile phones.
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Person-to-person money transfers available via BBM in Indonesia
Indonesian financial institution PermataBank has joined forces with BlackBerry and mobile money specialist Monitise to launch BBM Money.
This pilot scheme will let customers set up a mobile money account from their BlackBerry smartphone and make real-time payments to any BBM contacts who have also signed up to the service.
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Barclays is to offer free WiFi in over 1,500 of its UK bank branches, enabling customers and visitors to connect to the internet.
The service was initially trialled in three Barclays branches and has now been installed in over 800 banks. WiFi in the remaining Barclays branches will go live within the next few weeks.
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Jennifer Lazuta of voanews.com writes:
Rene Mendy, a street vendor in Dakar, has never had enough money to open a bank account. But now, thanks to an emerging mobile phone banking service, he has access to many financial services.
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