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Africanewsanalysis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africanewsanalysis.com Daily Mail and Mail on Sunday newspapers. ....
If no claim is lodged for a closed electronic or mobile money account within seven years, the National Payment Systems Act indicates, the unclaimed balances shall be transferred to Consolidated Fund ....
Daily Monitor Thursday May 27 2021 Summary Mobile money companies, which already operate payment service providers and payment systems operator platforms, will be required to obtain two licences each at Shs25m. Advertisement Bank of Uganda has set Shs25m as the amount that telecoms will have to pay in annual licence to operate as a payment service providers or payment systems operator. The two services are classified separately, which means that a telecom that wishes to operate both will have to pay a combined sum of Shs50m annually. Telecoms are already operating as payment service providers and payment systems operators, which means they will be required to have the two licences. The fees are contained in the National Payment Systems Regulations 2021, which effectively split mobile money operations from telecommunication services. ....
Ajua acquiert WayaWaya pour consolider l'expérience consommateur dans les PME africaines afriqueitnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afriqueitnews.com Daily Mail and Mail on Sunday newspapers.
Kenya’s Ajua acquires WayaWaya to consolidate consumer experience play in African SMEs Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and partners include the likes of I&M Bank, Interswitch and MTN. The company offers a range of services, from digital banking and payment services to financial services APIs and payment bots. According to Ajua, the acquisition is primarily focused on WayaWaya’s payments bots system known as Janja. The platform, which has customers like Airtel, Ezee Money, Housing Finance Company of Kenya (HF Group), enables borderless banking and payments across apps and social media platforms. Teddy Ogallo, the entrepreneur who founded WayaWaya, joins Ajua as VP of Product APIs and Integrations. ....