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samiatazi

Find a Doctor - Book online instantly - DabaDoc - 0 views

www.dabadoc.com/faq

Fintechs Morocco Africa Dabadoc

shared by samiatazi on 11 Feb 21 - No Cached
  • Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?
    • samiatazi
      samiatazi on 11 Feb 21
       
      Dabadoc not only shows the frequent asked questions but also answers them in a transparency basis to make customers not only trust the company but also become loyal especially that the service is free of charge.
  • Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?
  • Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?
samielbaqqali

WorldRemit Online Money Transfer - How It Works - 1 views

www.worldremit.com/...how-it-works

Worldremit Money Transfer

shared by samielbaqqali on 11 Feb 21 - No Cached
  • Why choose WorldRemit?We're SimpleNo need to visit an agent. Send 70 currencies to 130 countries, from your smartphone or computerWe’re SafeWe use industry-leading technology that protects your money and guarantees it arrives safely every time.We're Fast90% of our transactions are completed in minutesWe’re Low-costSee our low fees and our best exchange rates up front, with no hidden costs
  • We're SimpleNo need to visit an agent. Send 70 currencies to 130 countries, from your smartphone or computerWe’re SafeWe use industry-leading technology that protects your money and guarantees it arrives safely every time.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      I think that Fintechs's idea is to enhance our lifestyle and help us use fast services. WorldRemit provides a fast, successful and secure company, and by making it more creative, they can enhance their service.
  • hichamachir on 11 Feb 21
     
    The efficiency of WorldRemit is brilliant. I believe that the concept of Fintechs is to improve our lifestyle and help us use fast services. WorldRemit do provide a fast, efficient and safe business and they can improve their service by making it more innovative.
mehdi-ezzaoui

SimbaPay launches purely SMS-based Money Remittance option for Feature Phone users powe... - 1 views

innov8tiv.com/nce-option-feature-phone-users

SimbaPay Kenya payments service

shared by mehdi-ezzaoui on 13 Feb 21 - No Cached
  • he London-based digital money transfer services SimbaPay has now launched a new money remittance services that will purely operate via SMS. That means even people with no internet and using just a feature phone can now use SimbaPay to send or receive money. This is a huge step for the company, as it now enters a bigger pool of users, both with smartphones plus internet access combined with those without smartphones and/or not internet access. The new SimbaPay SMS money remittance services went live yesterday, and now users from around the world can use the service on any device from anywhere via the good-old SMS. The new SMS service is powered by artificial intelligence that has seen SimbaPay integrate a chatbot at the other end of the user.
  • mehdi-ezzaoui on 13 Feb 21
     
    new feature in simbapay service
sawsanenn

Fawry | E-Payment & Digital Transformation Leading Platform in Egypt - 0 views

fawry.com

FinTech E-payments

shared by sawsanenn on 10 Feb 21 - No Cached
  • Fawry is the leading digital transformation & E-payment platform in Egypt, offering financial services to consumers and businesses through more than 194,000 locations and a variety of channels. In addition Fawry considered as a provider of payment gateway in Egypt and e-commerce solutions. Know More
    • sawsanenn
      sawsanenn on 10 Feb 21
       
      The pandemic has created a surge in demand for electronic payment services and Fawry being the leading player in Egypt obviously has benefitted a lot from that - which is also evident from the company's just-announced financials for the second quarter.
nouhaila_zaki

M-Pesa - 2 views

www.investopedia.com/...mpesa.asp

M-Pesa Financial inclusion Kenya

shared by nouhaila_zaki on 07 Feb 21 - No Cached
  • One of the drives for Fintech innovations, like M-Pesa, is financial inclusion, which is mostly geared toward an underbanked or unbanked group of people.
    • nouhaila_zaki
      nouhaila_zaki on 07 Feb 21
       
      Financial inclusion is a main priority of M-Pesa.
  • M-Pesa is a virtual banking system that provides transaction services through a SIM card. Once the SIM has been inserted into the card slot of the mobile device, users can make payments and transfer money to vendors and family members with SMS messages. Users with no bank accounts can access the numerous M-Pesa outlets distributed across the country. The money that needs to be stored is given to the kiosk attendant, who transfers the amount in digital form to the user’s M-Pesa’s account. Cash collected from M-Pesa is deposited in bank accounts held by Safaricom. The bank accounts serve as regular checking accounts and are insured up to a maximum of 100,000 shillings (or $1000) by the Deposit Protection Fund. M-Pesa provides receipts as proof of transaction. For a transaction to take place, both parties have to exchange each other’s phone numbers because the phone numbers act as account numbers. After settlement, both parties receive an SMS notification with the full name of the counterparty and the amount of funds deposited or withdrawn from the user’s account. The mobile receipt, which is received within seconds, helps to promote transparency for all individuals involved in a transaction.
    • nouhaila_zaki
      nouhaila_zaki on 07 Feb 21
       
      This excerpt is important because it explains how this mobile banking service operates. 1. Payments are made through SMS messages. 2. Cash collected by M-Pesa is deposited in bank accounts held by Safaricom. 3. Phone numbers act as account numbers. 4. M-Pesa provides receipts as proof of transaction.
  • M-Pesa is a virtual banking system that provides transaction services through a SIM card. Once the SIM has been inserted into the card slot of the mobile device, users can make payments and transfer money to vendors and family members with SMS messages. Users with no bank accounts can access the numerous M-Pesa outlets distributed across the country. The money that needs to be stored is given to the kiosk attendant, who transfers the amount in digital form to the user’s M-Pesa’s account. Cash collected from M-Pesa is deposited in bank accounts held by Safaricom. The bank accounts serve as regular checking accounts and are insured up to a maximum of 100,000 shillings (or $1000) by the Deposit Protection Fund. M-Pesa provides receipts as proof of transaction. For a transaction to take place, both parties have to exchange each other’s phone numbers because the phone numbers act as account numbers. After settlement, both parties receive an SMS notification with the full name of the counterparty and the amount of funds deposited or withdrawn from the user’s account. The mobile receipt, which is received within seconds, helps to promote transparency for all individuals involved in a transaction.
    • ghtazi
      ghtazi on 08 Feb 21
       
      this article shows us how M-Pesa is a virtual system that provides transaction services through a SIM card. M-Pesa allows users to deposit, withdraw, transfer money, pay for goods and services (Lipa na M-Pesa), access credit and savings, all with a mobile device.
  • ...9 more annotations...
  • A farmer has no bank account and wants to deposit his commodity sale proceeds of 1,000 shillings goes to an M-Pesa outlet and deposits the money with the kiosk agent or attendant. The agent, in turn, uses her phone to access the client’s account with the client’s registered phone number and credit the account for 1,000 shillings.
    • ghtazi
      ghtazi on 08 Feb 21
       
      M-Pesa target customers are anybody who has a phone.
  • M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones. M-Pesa was introduced in Kenya as an alternative way for the population of the country to have access to financial services. Safaricom, the largest mobile phone operator in Kenya, launched M-Pesa in 2007. The service is a blend of two entities where M means mobile and Pesa means money or payment in the Swahili language.
  • Financial inclusion is an initiative that seeks to include residents who have no access to banks or who can’t afford the required minimum deposits in the digital banking era. In order for this initiative to succeed, different sectors must collaborate in sharing data with each other and build a meaningful digital platform.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      I like how M-PESA gave opportunities for those who cannot afford to have bank accounts , an alternative to still have access to those services.
  • Through mobile payment services like M-Pesa, the standard of living in Kenya has improved greatly. Market traders, debt collectors, farmers, and cab drivers don’t need to carry around or transact in a large amount of cash. This means that the occurrence of theft, robbery, and fraud is reduced. Also, individuals and business owners don’t have to wait in long lines for hours to make their electricity and water bill payments because these can be made using M-Pesa.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      The mobile payment industry was revolutionized by M-Pesa. The value of this business in the financial industry is demonstrated by the fact that the term M-Pesa has a financial significance. I believe that by using digitalisation in a way that can benefit people and solve their problems, M-Pesa has gained its impact.
  • To combat fraud, Safaricom mandates that users of a Safaricom SIM card who want to register for M-Pesa have to do so with a valid government ID such as the Kenyan national identification card or a passport. This way, each transaction is marked with the identification of the party transferring, paying, depositing, or withdrawing money from an account.
    • ghtazi
      ghtazi on 13 Feb 21
       
      to combat fraud they use either a sim card, ID card, or passport. in this way every transaction made will be marked with identifications of the parties transferring money, paying or whatever action it was made.
  • To combat fraud, Safaricom mandates that users of a Safaricom SIM card who want to register for M-Pesa have to do so with a valid government ID such as the Kenyan national identification card or a passport. This way, each transaction is marked with the identification of the party transferring, paying, depositing, or withdrawing money from an account.
  • M-Pesa is one of the innovative tools that have been birthed from the collaboration of telecommunication and banking sectors in East Africa.M-Pesa began in Kenya and is being utilized in 10 countries, including India and Romania. Emergent technology in the financial sector, or Fintech, has made it possible for financial services and products, like M-Pesa, to be more accessible at small costs.M-Pesa makes it possible for unbanked people to pay for and receive goods and services using a mobile phone instead of utilizing a brick-and-mortar bank.
    • nourserghini
      nourserghini on 13 Feb 21
       
      this article explains that M-pesa is a virtual banking platform that gives the opportunity for unbanked or underbanked individuals to conduct transactions through a SIM card.
  • This cross-communication tactic used by M-Pesa is developing rapidly in sub-Saharan Africa, where the telecommunication and banking sectors are working together to create mobile banking services for those with limited access to traditional banking.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      Mobile payment is progressively being used in emerging regions in which a large percentage of the population has little or no access to traditional banking such as Africa
  • Mobile money is increasingly being adopted in developing nations where a high percentage of the population has little or no access to traditional banking. Revolutionary services like Paga, MTN Mobile Money, Airtel Money, and Orange Money are disrupting the traditional payment systems used frequently by residents of emerging nations, by changing the economy from a cash society to a digital one.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it reflects the increasing importance of mobile money i.e. as proposed by M-Pesa in developing countries.
  • hichamachir on 12 Feb 21
     
    M-Pesa revolutionized the mobile payment industry. The fact that the word M-Pesa got a financial meaning shows the importance of this company in the financial industry. I think that M-Pesa gained its influence by using digitalization in way that can help people and solve their problems.
kenzabenessalah

Lumkani - Early Warning Fire Detection System | Engineering For Change - 0 views

www.engineeringforchange.org/...-warning-fire-detection-system

Lumkani Communication SMS

shared by kenzabenessalah on 12 Feb 21 - No Cached
  • Lumkani is a small fire alarm that registers the rate at which heat rises within a small residence indicating when there might be a fire risk. It then connects with neighboring devices, setting off a chain of alarms so that neighbors can intervene. Newer versions also communicate with home owners via SMS, as well as with local emergency services.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      Lumkani has updated its system according to advanced technology. For example, nowadays, they send alarms via SMS.
hibaerrai

SimbaPay chatbot powers international remittance payments - 0 views

www.finextra.com/...ernational-remittance-payments

shared by hibaerrai on 13 Feb 21 - No Cached
  • SimbaPay – a London based digital money transfer provider – today announced the launch of an AI (Artificial Intelligence) powered chatbot service which now makes International Money Transfer (remittance) possible with only an SMS. The SimbaPay chatbot will also enable 24/7 instant customer service for its customers across Africa and Europe.“We’re thrilled at the prospect of the chatbot service resolving most customer enquiries instantly at any time of day or night” said Daniel Howard, CTO for SimbaPay. “Another major objective we achieved with the chatbot service is that it also works without internet. This means customers with a mobile phone, even a basic phone without internet access, can access the SimbaPay chatbot using SMS”.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      SimbaPay allow users to send and get remittances from their families all day everyday anytime in Africa and Europe. You only need to send an SMS in any phone.
mehdibella

AgroCenta : empowering smallholder farmers in Africa through technology and innovations - 0 views

startup.info/agrocenta

ghana Fintech Agrocenta

shared by mehdibella on 08 Feb 21 - No Cached
  •  AgroCenta’s main competitors are Esoko (www.esoko.com), FarmerLine (www.farmerline.co) and Farm Radio (www.farmradio.org). These 3 competitors are “information-based” only, delivering market prices, weather information and extension advisory services via SMS to farmers.
    • aminej
      aminej on 08 Feb 21
       
      Some of the main competitors of AgroCenta's are Esoko , FarmerLine and Farm Radio. These 3 competitors are not really competitors because they do not provide the same services. These competitors are more "information-based" only, delivering market prices, weather information and extension advisory services via SMS to farmers.
  • AgroCenta came about when both co-founders identified the missing gap in the post harvest value chain, that is access to market for smallholder farmers. This gap gave way to exploitative buying from middlemen at the disadvantage to the smallholder farmer.
    • nouhaila_zaki
      nouhaila_zaki on 12 Feb 21
       
      This excerpt is important because it shows the need that AgroCenta founders identified in Ghana, and thus reflects the company's reason for existing.
  • AgroCenta’s core services are AgroTrade : Which is a sales platform that connects smallholder farmer directly to a larger market to trade fairly. AgroTrade matches smallholder farmers in rural areas to small, medium and large buyers in the urban areas. TrucKR : TruckR is the on-demand trucks & logistics aspect of AgroCenta where farmers can book for truck delivery services to cart their commodities from farms to markets just at a click of a button AgroInfo : Real time weather, market prices and extension advisory services are delivered via SMS and voice solutions to smallholder farmers using mobile technologies AgroPay : AgroPay is the financial inclusion platform for smallholder farmers where farmers in rural areas, without bank accounts, receive payments for goods and services via mobile money technologies.
    • nouhaila_zaki
      nouhaila_zaki on 12 Feb 21
       
      This excerpt is important because one can identify the different products and services proposed by the firm.
  • ...7 more annotations...
  • AgroTrade : Which is a sales platform that connects smallholder farmer directly to a larger market to trade fairly. AgroTrade matches smallholder farmers in rural areas to small, medium and large buyers in the urban areas.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      I find this concept beneficial for all farmers because they will be able to have more direct access to larger markets. This way they could earn more and interact more.
  • Francis Obirikorang is the CEO/Co-founder of AgroCenta and Michael Ocansey is the CTO/Co-founder of AgroCenta. Francis and Michael are both ex-employees of Esoko, one of the largest market information platforms in Africa for smallholder farmers.
  • AgroCenta’s success factor is the elimination of the exploitative buying approach from the post harvest value chain, and putting the smallholder farmer at a pivotal position where they are able to sell their commodities to interested buyers fairly, generate enough income and become financially independent
    • mehdibella
      mehdibella on 13 Feb 21
       
      AgroCenta provides the "last mile" approach for the smallholder farmers, going a step further to help farmers sell competitively after the get market information only from existing e-agriculture products on the market.
  • AgroCenta’s core services are
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      AgroCenta's services include: -AgroTrade: platform connecting farmers to markets and promoting fair trade. -TrucKR: farmers can have access to transportation through this platform. - AgroInfo: platform that gives useful insights to farmers (weather, market prices) - AgroPay: a platform for financial inclusion, giving small and underbanked farmers the possibility to receive payments via their mobile.
  • AgroPay is the financial inclusion platform for smallholder farmers where farmers in rural areas, without bank accounts, receive payments for goods and services via mobile money technologies.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      It is a good service because it is a good alternative for smallholders farmers to receive secure payments even without owning a bank account
  • AgroCenta provides the “last mile” approach for the smallholder farmers, going a step further to help farmers sell competitively after the get market information only from existing e-agriculture products on the market.
    • ghtazi
      ghtazi on 13 Feb 21
       
      AgroCenta gives smallholder farmers the "last mile" solution, moving a step further to help farmers sell competitively after only collecting demand knowledge from existing e-agricultural products on the market.
    • mbellakbail69
      mbellakbail69 on 13 Feb 21
       
      It is a good service because it is a good way for farmers, even without getting a bank account, to get safe payments  This idea is great for all producers, so they will have direct access to bigger markets more effectively. They will gain more and engage with more.
kenza_abdelhaq

Two African startups where inclusive fintech comes with a human touch | Accion - 0 views

www.accion.org/ntech-comes-with-a-human-touch

Lumkani South Africa Insurtech Implementation

shared by kenza_abdelhaq on 13 Feb 21 - No Cached
  • In South Africa, mobile money systems are much less available than they are in Kenya, so they are not a good option for Lumkani clients to use to manage policy payments and payouts. Additionally, people in the informal settlements where Lumkani provides its services tend to be limited in both financial literacy and experience with technology, so they need information on what the insurance product is and how it works. So Lumkani relies on agents — many of whom live in the same settlements — to do face-to-face sales pitches and enrollments. The agents, however, carry smartphones with an app for setting up the new accounts. Agents also collect cash payments in person but send SMS reminders to keep clients up to date.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      Lumkani adapts to local communities that are generally with limited literacy and experience with technology by relying on agents to do face-to-face pitches and assist in the installation and activation of the device.
  • kenza_abdelhaq on 13 Feb 21
     
    "In South Africa, mobile money systems are much less available than they are in Kenya, so they are not a good option for Lumkani clients to use to manage policy payments and payouts. Additionally, people in the informal settlements where Lumkani provides its services tend to be limited in both financial literacy and experience with technology, so they need information on what the insurance product is and how it works. So Lumkani relies on agents - many of whom live in the same settlements - to do face-to-face sales pitches and enrollments. The agents, however, carry smartphones with an app for setting up the new accounts. Agents also collect cash payments in person but send SMS reminders to keep clients up to date."
nouhaila_zaki

My PAGA - transact mobile payments; send cash via mobile; pay bills via mobile. - 0 views

www.mypaga.com/...C48866E180618E0E570B5BE493B-s1

Paga Nigeria Overview

shared by nouhaila_zaki on 13 Feb 21 - No Cached
  • We are a team of passionate Africans determined to tackle what we consider a critical issue paramount to Africas development - the availability of financial services to all Africans. Paga was founded early 2009 on the simple belief that the ubiquity of mobile phones can be leveraged to bring financial services to all Africans. We aim to accomplish our mission by working in partnership with select Banks, Microfinance institutions, and all Mobile Network Operators. Innovation is at the core of our company - we strive to develop "appropriate technology" suited for the local markets where we operate. We also work hard to ensure our services are low cost and accessible via our agent network - in doing so we can strive towards universal access. Paga works on the most basic SMS enabled phone and on all mobile networks so customers have the liberty to have their Paga account available at their finger tips regardless of what phone or network they are using. For consumers, our core offering is a money transfer service - with Paga you can send money to anyone with a mobile phone. You can either use Paga by yourself (if you own a Paga account) or by going to any Paga Agent. We also offer several other products such as: buying/sending airtime credits, bill payments, and retail payments. For ultimate convenience we provide several channels for consumers to use Paga - SMS, Online, a mobile application, USSD, or IVR (automated line). Paga Merchant Services allows businesses to collect payment from all spectrums of the population - whether banked or not. By leveraging the Paga e-widget, businesses can integrate a world class online checkout process on their own websites. Businesses can also leverage our agent network to collect payment for goods and services or provide customers the convenience of paying via SMS or online at Pagas customer portal. Our current services are the beginning of a journey. Through our innovation lab "Paga labs" and in conjunction with our partners we will continue to develop and deliver valuable offerings to our customers. Together with our partners we will achieve our mission and bring financial services within reach of millions of Africans!
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is an introductory statement of the company Paga, its operations, its goals, its customers, its core offerings, and its innovation programs.
aymanelmamoun

Get paid anytime, anywhere with the Snapscan app | Standard Bank - 0 views

www.standardbank.co.za/...snapscan

FinTech SnapScan E-Payment Africa Technology

shared by aymanelmamoun on 13 Feb 21 - No Cached
  • Link your SnapCode to a cell phone number to receive SMS confirmation for a payment We can also integrate with a variety of POS and ecommerce solutions View your transaction history in real-time via the Merchant Portal
    • kenzabenessalah
      kenzabenessalah on 13 Feb 21
       
      To make sure that customers are certain that they paid, they receive an SMS confirmation which is the alternative of a receipt.
  • We have a payment solution to suit you and your customers, just display your SnapCode anywhere you want to accept mobile payments.
  • Give your customers a quick and easy way to pay. No need for cash, cards or time-consuming EFTs. SnapScan can be tailored to your business’ needs and is the smart, simple and safe way to get paid in a snap. From small market vendors to big businesses or online ecommerce websites, SnapScan has a convenient payment solution for you and your customers.
    • aymanelmamoun
      aymanelmamoun on 27 Feb 21
       
      Easy and efficient use.
  • chaimaa-rachid on 13 Feb 21
     
    Snapscan did a good job focusing on their client by demonstrating to them that a basic application would accomplish the work that regularly is tedious and requires cards. By doing this, the company caught people's attention to try out their platform.
samiatazi

Find a Doctor - Book online instantly - DabaDoc - 0 views

www.dabadoc.com/about

Fintechs Dabadoc Morocco Africa Innovation

shared by samiatazi on 11 Feb 21 - No Cached
  • What is DabaDoc DabaDoc is an online platform which allows patients to easily find and book an appointment with an available doctor nearby that meets their needs at any time and on any device. Doctors listed on DabaDoc can optimize their schedule and interact with their patients. How do I book an appointment? Simple: select your criteria on the homepage (search by specialty, city, doctor’s name, languages spoken) and select the date and time that suits you for an appointment. Enter your details and in a few seconds your appointment is booked! You need to confirm your identity through an SMS code you receive instantly or by email if no mobile phone is available near you.
    • samiatazi
      samiatazi on 11 Feb 21
       
      DabaDoc is immediate, simple and free! DabaDoc is the primary online medical appointment management platform in Africa. this one Platform changes the daily life of specialists and their patients! It optimizes the management of doctors' offices thanks to its multiple integrated functionalities and allows patients to make appointments in a few clicks 24/7 for free through a very simple procedure.
  • What is DabaDoc DabaDoc is an online platform which allows patients to easily find and book an appointment with an available doctor nearby that meets their needs at any time and on any device. Doctors listed on DabaDoc can optimize their schedule and interact with their patients. How do I book an appointment? Simple: select your criteria on the homepage (search by specialty, city, doctor’s name, languages spoken) and select the date and time that suits you for an appointment. Enter your details and in a few seconds your appointment is booked! You need to confirm your identity through an SMS code you receive instantly or by email if no mobile phone is available near you.
kenzabenessalah

Lumkani - 0 views

lumkani.com

Lumkani Protection Fire Alarm

shared by kenzabenessalah on 07 Feb 21 - No Cached
  • As part of Lumkani’s mission to mitigate the loss of life and property caused by fires in South Africa and across the globe, we implement large scale roll-outs of our fire detection system into urban informal settlements and townships.
    • kenzabenessalah
      kenzabenessalah on 07 Feb 21
       
      Before Lumkani was introduced, there was very little hope for people to rebuild their houses when fire erupted. Making this business known could help save plenty of lives.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      Before Lumkani was introduced, there was very little hope for people to rebuild their houses when fire erupted. Making this business known could help save plenty of lives.
  • Before Lumkani introduced Fire Cover in 2016, there was little hope for households and businesses that had been excluded from insurance cover, to quickly rebuild, refurnish and return to a state of dignity.
    • kenzabenessalah
      kenzabenessalah on 07 Feb 21
       
      This excerpt is important because it highlights how beneficial and essential the concept of the company is. It helped protect people's homes and reassure them that their households would return to their original state.
  • For only R60 per month, you get: A Lumkani Fire Alarm that warns you when fire breaks out. Cover for your home or business structure and all of your belongings/stock for up to R40,000 provided by Hollard. There is no waiting period, you are protected immediately after your first payment.Foreign Nationals may apply.No documentation required to apply..properties we protect: Informal homes Small homes and low-cost homes (RDPs) Small businesses
    • tahaemsd
      tahaemsd on 07 Feb 21
       
      Details of what is covered by the LUMKANI company
  • ...2 more annotations...
  • Lumkani is a technology company which distributes insurance products to financially excluded households and businesses in townships and informal settlements. We use our award-winning fire detectors to mitigate the risk of fires and a world-first insurance product to cover losses when disasters occur. We have distributed tens of thousands of fire alarms to homes across South Africa which have drastically lowered the instances of fires in our communities, ensuring that those who are most vulnerable have a sense of security. Tens of millions of Rands of possible fire damage have been saved through our early-warning fire detectors.
    • aminej
      aminej on 11 Feb 21
       
      I think that this is an excellent idea since it will help many people in rural areas who very often suffer from losses due to weather or natural disasters and also a very weak infrastructure. It will also bring more unbanked people to learn about different services of insurance and finance.
  • Fires destroy homes, belongings and businesses which leads to personal and financial insecurity. We provide protection against fires to informal homes, small homes, RDPs and small businesses
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      Having such a concept is essential to the community because it deals with one of most popular issues in the world; financial insecurity
  • hibaerrai on 08 Feb 21
     
    LUMKANI launched indeed a networked heat detector to protect people's properties.
hibaerrai

AgroCenta | F6S - 0 views

www.f6s.com/agrocenta1

AgroCenta Agritech Fintech Ghana Africa Loans

shared by hibaerrai on 13 Feb 21 - No Cached
  • AgroCenta brings the shareholders in Ghana’s agricultural value chain under one umbrella. Focusing on the producers, rural smallholder farmers, the company has developed a web and mobile platform that provides rural farmers with a suite of services to empower them to sell their crops at fair-market prices. AgroCenta’s platform, which is includes SMS functionality, provides the following services: 1) AgroInfo: real-time commodity pricing information; 2) TruckR: an on-demand logistics solution; 3) AgroTrade: a market platform to offer crops for sale; and 4) AgroPay: a mobile-money based payments service. The company markets its platform leveraging an intimate knowledge of the African cultural context and recruiting and technologically empowering village chiefs to act as advocates or agents for the platform.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      What I find very thoughtful and interesting is that farmers can apply and ask for loans or different financial services not necessarily through smartphones. They can send an SMS and get the service.
nouhaila_zaki

M-Pesa: a Mobile Money success story from Kenya - Technology and Operations Management - 0 views

digital.hbs.edu/...money-success-story-from-kenya

M-Pesa Kenya Success Business Model

shared by nouhaila_zaki on 12 Feb 21 - No Cached
  • Given the up-front costs of acquiring agents, it is tempting for mobile money providers to want to take short cuts and minimize the agent-to-customer ratio. However, this does not set an individual agent up for success. If Safaricom were to recruit too few agents, customers would find M-Pesa difficult to use and difficult to access.. On the other hand, if there were too many agents, many of them would not be able to generate enough business to cover the cost of managing their e-cash and cash liquidity. As a result, they would stop maintaining their electronic money float and cash balances. M-Pesa’s success lies in the fact that they grew their agent network at the same pace as their customer base, keeping transactions per agent per month steady at around 1,000 / agent / month.
  • According to a McKinsey report on Mobile Money, proximity of nearest agent makes a significant impact on transaction volumes. “When a cash agent is more than 15 minutes away, mobile money has relatively little appeal, and customers use it once or twice a month. But when the agent is less than 10 minutes away, usage rises to 10 times a month—and for those within 2 minutes of an agent, to 30 times a month.” Safaricom spread its agents out across Kenya so as to truly enable network effects and enable Kenyans to send e-cash to their family members and friends even if they did not live in the same geography.
  • Customers who sign up for the M-Pesa service can convert between e-cash and real cash (these are called cash-in / cash-out transactions), and can transfer e-cash from their account to that of another account holder via SMS.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      M-PESA gives people the option of converting their e-cash to real cash which is not the case in most services.
  • ...4 more annotations...
  • Customers who sign up for the M-Pesa service can convert between e-cash and real cash (these are called cash-in / cash-out transactions), and can transfer e-cash from their account to that of another account holder via SMS. Cash-in / cash-out operations take place at one of many designated M-Pesa retail outlets, also known as “agents”. These agents are not employed by Safaricom, but are simply retailers / regular businessmen and women that are ‘authorized’ to trade e-cash for real cash.
    • ghtazi
      ghtazi on 13 Feb 21
       
      m-pesa is a company that allows its customers to convert between e-cash and real cash.
  • Although some of M-Pesa’s initial success could be attributed to a uniquely favorable context for mobile-payments (strong customer need, welcoming regulatory environment, support from banks, strong brand awareness of Safaricom), its rapid and sustained growth was only possible due to a thoughtful operating model design, particularly regarding M-Pesa’s “agent network.”
    • nourserghini
      nourserghini on 13 Feb 21
       
      M-pesa's success goes back to its advantageous situation in Africa as well as it successful operating model design.
  • Revenue from transaction fees that Safaricom collects via the agent during cash withdrawal operations and transfer operations (depositing money into mobile wallet is free). Reduce Safaricom customers’ churn, improve engagement, lifetime value etc.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      This excerpt shows the business model that M-pesa follows and thier values
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it reports the two ways in which Safaricom makes value through M-Pesa: on the one hand revenues from transaction fees collected via agents, and on the other hand, the reduction of Safaricom customers' churn.
  • Safaricom pays commission to its “agents”, usually on a monthly basis, based on metrics such as transactions per branch, customers per branch, and quantities transacted, etc. Because it takes agents a couple months to ‘ramp up’ at their branch by attracting M-Pesa customers and convincing them to start transacting, the business model of M-Pesa incurs significant up-front costs and is one of the reasons many mobile-money deployments fail in the early days. Mobile-Money becomes profitable only when it goes viral. According to a McKinsey report, to make mobile money for the unbanked commercially viable, operators and telco’s like Safaricom “must sign up 15 to 20 percent of the addressable market.”
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt describes M-Pesa's business model, which consists of paying commissions to agents, incurring significant up-front costs and relying on mobile-money to become viral for success.
  • mohammed_ab on 12 Feb 21
     
    I think that it's interesting to see that agents are playing a vital role in the success of M-Pesa in Kenya. The company knew about the costs related to acquiring agents, but they also knew that recruiting too few agents will kill the solution M-Pesa is providing. In addition to that, M-Pesa tried to spread its agents all over Kenya to make their solution available and easy to access anywhere in Kenya.
nouhaila_zaki

10 years of M-Pesa: The world's most successful money transfer service | E-Agriculture - 0 views

www.fao.org/...cessful-money-transfer-service

M-PESA Businesses Customers

shared by nouhaila_zaki on 12 Feb 21 - No Cached
  • M-Pesa also works for businesses, which can use the service to pay for business transactions. Business can also receive payments from customers via the paybill facility and can pay employees directly into their M-Pesa accounts.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      It's important to know that M-PESA is not meant only for people, but also for business as well to facilitate their transactions.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      Here, this except describes what M-Pesa provides for businesses and shows another customer segment of the company.
  • In order to use M-Pesa, customers have to register for the service at an authorised agent and deposit cash in exchange for electronic money which they can send to their family or friends. All transactions are secured by entering a PIN number and both parties receive an SMS confirming the transferred amount. The recipient receives the electronic money in real-time and then redeems it for cash by visiting another agent.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      All transactions through M-Pesa are using telecommunications and are secured by a PIN number for both parties and SMS confirmation.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it describes the product and service offerings that M-Pesa provides for individuals.
  • M-Pesa (M is for mobile, “pesa” is Swahili for “money”) was launched by Safaricom, Vodafone’s Kenyan associate, on March 6, 2007. The service is designed to safely send receive and store money via a simple mobile phone. The service also allows customers to make bill payments and top-up airtime.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      Here the excerpt reflects the partnership between Vodafone and Safaricom (founder of M-Pesa) and the initial goal of the service.
mehdibella

M-Pesa - 0 views

www.vodafone.com/...m-pesa

M-pesa kenya Nairobi Fintech finance

shared by mehdibella on 12 Feb 21 - No Cached
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
  • It also provides financial services to millions of people who have mobile phones, but do not have bank accounts, or only have limited access to banking services. Now, M-Pesa provides over 42 million people with a safe, secure and affordable way to send and receive money, top-up airtime, make bill payments, receive salaries, get short-term loans and much more.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      Even if people do not have bank accounts, they can still use M-PESA because it allows them to have access to financial services through their mobile phones.
  • In early 2020, Vodacom & Safaricom completed the acquisition of the M-Pesa brand from Vodafone Group through a newly created joint venture. The joint venture will accelerate the growth of M-Pesa through Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand, product development and support services as well as the opportunity to expand M-Pesa into new African markets
    • ghtazi
      ghtazi on 13 Feb 21
       
      after that Vodacom & Safaricom acquired M-Pesa brand from the Vodafone group, they created a new joint venture that will help M-pesa to grow across Africa, which I believe is a big opportunity for the group
  • ...9 more annotations...
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
    • kaoutarchennoufi
      kaoutarchennoufi on 13 Feb 21
       
      Thanks to its large Fintech platform, M-Pesa has managed to target both banked and unbanked people. Also, what distinguishes it, is that it does not require people to have a bank account in order to have access to its financial services, they only need to have a mobile phone.
  • In 2019, our 41.5 million active customers carried out over 12 billion transactions
    • nourserghini
      nourserghini on 13 Feb 21
       
      This article states that M-pesa is the continent's leader in mobile money services with over 41,5 million customers from all over the continent.
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      This excerpt is important because it defines M-Pesa as Fintech Platform, their services, and their customer target
  • Send and receive moneyDomestic transfers: M-Pesa customers can send money in real time to any other M-Pesa customer with an account registered in the same country. In most markets customers can now send money to mobile money users on other networks as well.International transfers: Through our international remittance partners, M-Pesa customers can receive and send money across borders in real time.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt describes the core services provided by M-Pesa, namely domestic transfers and international transfers.
  • LoansM-Pesa customers build a credit score that enables them to access loans via our bank partners. Products include M-Shwari and KCB M-Pesa in Kenya and M-Pawa in Tanzania. We work hard to ensure customers not only have access to credit but are also educated so they understand the implications of a loan.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This particular excerpt explains how M-Pesa provides underbanked/unbanked customers with access to loans that would change their lives and ameliorate their condition.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This page is important because it enumerates all of the different product and service offerings provided by M-Pesa, which is important to know in order to acquire a comprehensive knowledge and understanding of the company's actions.
  • What is M-Pesa?
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.  It also provides financial services to millions of people who have mobile phones, but do not have bank accounts, or only have limited access to banking services.
  • Established on 6th March 2007 by Vodafone's Kenyan associate, Safaricom, M-Pesa is Africa's leading mobile money service with more than 430,000 active agents operating across the Democratic Republic of Congo (DRC), Egypt, Ghana, Kenya, Lesotho, Mozambique and Tanzania.
  • chaimaa-rachid on 12 Feb 21
     
    This service permits clients to store cash into an account put away on their cell phone, and send it utilizing an individual recognizable proof number and secure SMS. This makes it conceivable to pay for products and services and to guarantee standard payments.
hibaerrai

FinTech Strategy - MFSA - 0 views

www.mfsa.mt/...fintech-strategy

Fintech Strategy MFSA Digital

shared by hibaerrai on 13 Feb 21 - No Cached
  • the MFSA published a Consultation Document proposing to (i) launch a FinTech Regulatory Sandbox, (ii) set up a framework for the regulatory certification of RegTech solutions, while also encouraging persons developing SupTech solutions to approach the Authority through a dedicated online form, and (iii) provide a status update on the other strategic objectives presented under Pillar 1 of the FinTech Strategy
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      It is a good approach so stakeholers can know more about fintech strategies how it works and what are the regulations
  • MFSA FinTech Strategy Overview The MFSA aims to establish the foundations to enable FinTech start-ups and  scale-ups, technology firms and established financial services providers to develop viable FinTech solutions which drive innovation and enhance access to financial products, increase competition whilst promoting market integrity, deliver better customer experiences, and ultimately, contribute to the long- term success of the Maltese financial services sector.
    • ghtazi
      ghtazi on 13 Feb 21
       
      The goal of the MFSA is to lay the groundwork for start-ups and scale-ups of FinTech, technology companies, and existing financial services providers to create viable FinTech solutions that drive innovation and improve access to financial products, increase competition while promoting market integrity, provide better customer experiences and ultimately contribute to the long-term success of financial products.
  • The MFSA FinTech Strategy proposes to set out six pillars for the MFSA to create a holistic long-term approach to catalyse innovation, growth and competition in the financial services sector, whilst ensuring robust investor protection, market integrity and financial soundness.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Lead- Facilitate - Collaborate - Embrace - Educate - Strengthen
mehdibella

Mobile payment app for cardless transactions | SnapScan - 0 views

www.snapscan.co.za/user.html

Fintech finance SouthAfrica snapscan

shared by mehdibella on 13 Feb 21 - No Cached
  • DonateSupport the causes close to your heart. You can make a once-off donation, and even elect to repeat your donation, turning it into an ongoing, monthly contribution. Have a look at the organisations in the Donate section of the app. Quick and easy way to support a cause Set up a monthly payment to make a long term difference Stay in control, you can view or cancel the contribution at any time
    • samiatazi
      samiatazi on 13 Feb 21
       
      I find it interesting to put Donate section in the platform first page because contributing to the support of the community would enhance the public image of the brand ! So Fintechs can still keep the original values of the companies while going digital.
  • SnapScan is an app that lets you pay with your phone quickly, easily, and safely. Your SnapScan app uses your phone's camera to scan a SnapCode (a unique QR code). Stores have their own SnapCodes, and scanning these codes allows you to pay them. SnapScan is free to use and works with any South African bank, and most international credit cards.
    • tahaemsd
      tahaemsd on 13 Feb 21
       
      With snapscan, people can pay in a snap, without the fuss of handling cash, cards or EFTs.
    • kenzabenessalah
      kenzabenessalah on 13 Feb 21
       
      SnapScan allows people to pay with a simple scan using a QR code rather than using real cash. This is useful in today's world, especially with the pandemic.
  • Our scan to pay feature is definitely our most loved solution, but we're evolving into so much more because we can't stop making your lives easier. With SnapScan you can pay in a snap, without the fuss of handling cash, cards, or EFTs.
    • mehdibella
      mehdibella on 13 Feb 21
       
      This article points out that the business idea of Snapscan arrised from a simple discussion between a magazine seller and a cashless buyer, now it is one of the biggest Fintechs in Africa. indeed, We should believe in our potential to change others' life.
  • ...3 more annotations...
  • What is SnapScan?
  • Your SnapScan app uses your phone's camera to scan a SnapCode (a unique QR code). Stores have their own SnapCodes, and scanning these codes allows you to pay them. SnapScan is free to use and works with any South African bank, and most international credit cards.
  • SnapScan pay links A SnapScan merchant can send you a pay link via SMS or email, which allows you to skip the whole scanning bit altogether, once you tap the link it takes you directly to the pay screen of your app. In-app purchases Take a look inside your SnapScan app. You’ll notice there’s a Prepaid section for airtime, data, and electricity, as well as a section to pay your bills, pay for parking, and donate to the causes close to your heart.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      As an alternative to QR code scanning, SnapScan also allows payments to be done through links that take the user directly yo the pay screen of the app or the "In-app" purchases
  • kenzabenessalah on 13 Feb 21
     
    "loved "
  • hindelquarrouti on 13 Feb 21
     
    There is no doubt that Snapscan has expanded as it strategically covers different area of daily life. From bills payments to donations and sending money. Especially, it has helped customers in avoiding entering their information in different websites, using Snapscan is enough.
sawsanenn

Paga: Send and Receive Money - 0 views

www.mypaga.com

Nigeria FinTech E-payments

shared by sawsanenn on 10 Feb 21 - No Cached
  • Paga is a mobile payment company. We are building an ecosystem to enable people to digitally send and receive money, and creating simple financial access for everyone.
    • sawsanenn
      sawsanenn on 10 Feb 21
       
      These types of digital financial services offered to the mass market and increasing the usage of mobile money can play a strong role in promoting inclusive growth.
  • Banked or unbanked, online or offline Paga offers you a central place for simple money transfers.
    • ghtazi
      ghtazi on 13 Feb 21
       
      Like simbapay, Paga's target customers are the ones that have a Smartphone. it does not matter if they are banked or not.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it reflects what Paga proposes for individuals (banked or unbanked) very briefly.
  • Paga for Agents Earn a commission for every transaction you perform for your customers. Paga for Business Accept payments or disburse money to banked or unbanked customers in Nigeria
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it provides a concise introduction of what Paga offers for Agents (a commission on every transaction) and for Businesses (receive or make payments to banked or unbanked customers) in Nigeria.
  • ...2 more annotations...
  • We ensure that your money is safe by complying with the highest global security standards.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is very important because it claims that Paga is compliant with the highest global security standards. It is very good to know that because cyber security is a core concern for all companies offering digital services.
  • Enjoy a smooth and stress-free money transfer experience across all your devices.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      paga offers a free and easy money transfer that make transactions go smoothly without any technical issues
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