Consumer needs on all levels in diverse regions such as Latin America have to be addressed and the API Exchange (also known as the GSMA One API) is a step towards this.
It's Time for Open Money
The freedom to send, spend and receive money with a mobile phone is quickly becoming an essential part of life for billions of people. It's a cornerstone of the Networked Society, a strong driver of ubiquitous access to mobile money, and a great business opportunity. It also calls for change. A change where existing payment networks are connected and interoperable.
We drive this change of making money more open by developing secure, flexible m-commerce platforms that help build an interconnected and transparent financial ecosystem.
We believe that when money is open, everyone will benefit.
The Call for Change Blog
With the launch of the iPhone 6 will come Apple Pay, the company's biggest m-commerce initiative to date. What does Apple's foray into the mobile payments ecosystem mean to the rest of the industry?
A surge in prepaid cards is opening doors for mobile payment services, enabling innovative deployments by merchants and other stakeholders and encouraging widespread user adoption.
India is the single largest international remittance market for Britain. The volume of money sent exceeded $2.5 billion in 2013, which is around 7 per cent of the total international of remittances India received last year.
Two masters students recently got the opportunity to write a thesis for Ericsson and traveled to Kenya, South Africa, Tanzania and Uganda to research mobile money uptake. Read all about their experiences here.