Business models for successful mobile money services are still vague and no one is yet sure what services will ultimately be successful in the mass market....
FNB storming the telecoms castle. Earlier this month (3 April 2012), the group reported that more than one million FNB eWallets have been created – with more than R1.6 billion paid into them since 2009....
South Africa already has one of the world's highest mobile banking user rates, and this is set to accelerate, thanks to a 100% mobile phone penetration rate and an innovative banking sector that is pushing hard to reach a large, still unbanked segment of the country's population. ...
