mobile money

Retail Asia18/10/2022

The mobile money service, which allows users to deposit, withdraw, pay or transfer money on mobile devices, has signed up nearly 2.2 million subscribers in eight months. Of the customers, 69% are from rural and mountainous areas, according to the Ministry of Information and Communications. The service are jointly offered on a trial basis by […]

Retail Asia23/03/2021

Vietnam’s Prime Minister Nguyen Xuan Phuc has given the green light for the Mobile Money pilot project, thereby allowing mobile phone subscribers to use their telecommunications accounts to make money transfers and payments up to a limited value for products and services strictly in Vietnam. This pilot project came into effect on 9 March 2021 […]

Retail Asia20/04/2016

Financial inclusion in Bangladesh just took a stride closer to reality with the launch of a new international remittance receiving service via a partnership between MasterCard, Western Union, bKash and BRAC Bank. The new service enables bKash’s registered customers to use their mobile phones to receive remittances from abroad directly into their bKash accounts. A […]

Retail Asia08/10/2015

AirAsia Bhd is acquiring the remaining 60% interest in financial services provider Tune Money Sdn Bhd as well as its entire issued redeemable preference shares (RPS) for RM6.36mil in cash. In a filing with Bursa Malaysia, AirAsia said the payment of about RM0.038 per ordinary 10 sen share and RM150,000 per RPS to vendor Tune […]

Tag: mobile money

Mobile money service attracts 2.2 mln users

Vietnam pilots Mobile Money project for cashless payments

Mobile money service launched in Bangladesh

AirAsia makes Tune Money its wholly owned unit