March 30, 2017 IBOMLLC Team

FT Africa Payments Summit Recap | #FTAfricaPayments Omnibus

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

March 29, 2017 – At the Radisson Blu, Nairobi Upper Hill, a whole day event FT Africa Payments Innovation Summit with the tagline, ‘Enhancing interoperability, security, and marketing take-up’ took place.

Some of the notable speakers include Safaricom CEO Bob Collymore who used the platform to announce the planned slush of Lipa Na M-Pesa tariffs for merchants receiving payments. Collymore more also publicized the MySafaricom app, which now included M-Pesa functionalities. He also talked on the Kadogo tariff, which being expanded to include Buy Goods services under the Lipa Na M-Pesa.


Video of Collymore ahead of the FT Africa Payments Summit

At the summit, which brought together key players in the telecommunication, banking, and government regulators, key collaboration options between the telecoms and banking service we discussed.

Admittedly, when M-Pesa began some 10-years ago, there was little to no regulations put in place, but as the service morphed into a bank-like service. It made a lot of players in the traditional banking industry uneasy, with some accusing it of operating like a bank without all the regulations banks have to …read more

Read more here:: FT Africa Payments Summit Recap | #FTAfricaPayments Omnibus



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