0
Wireless

Family Bank partners with SimbaPay to enable payments to China

Thursday 29 November 2018 | 09:20 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Kenya's Family Bank has partnered with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat. Using QR codes, SimbaPay has developed a third party payment aggregator that enables funds delivery to WeChat's billion-plus user network. Individuals and businesses can now send funds to China through Family Bank's PesaPap app, Safaricom's M-Pesa or by texting USSD using the code star 325 hash. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Safaricom
Countries: China / Kenya
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

WeChat Pay available to overseas users in Mainland China

Published 08 Nov 2019 11:24 CET | China
WeChat Pay is now collaborating with Visa, Mastercard, American Express, Discover Global Network (including Diners Club) and JCB ...

WeChat launches e-wallet in Malaysia, offers free Money Packets

Published 22 Aug 2018 15:53 CET | Malaysia
WeChat started allowing end-users in Malaysia to pay using its app following the launch of its e-wallet component, WeChat Pay My, ...

WeChat offers mobile payment transactions in Russia

Published 14 Jun 2018 12:49 CET | Russian Federation
The WeChat Pay payment service, run by the Chinese messaging company WeChat, has started accepting transactions in Russia, ...

SimbaPay launches chatbot to facilitate SMS remittances

Published 26 Mar 2018 16:04 CET | Africa
SimbaPay announceed the launch of a chatbot service to support international money transfers over SMS. The SimbaPay chatbot will ...

WeChat to relaunch 'tipping' feature on iOS

Published 17 Jan 2018 08:49 CET | China
Tencent's social media platform WeChat plans to reactivate its "tipping" feature used to send cash to content creators. WeChat ...

SimbaPay agrees ATM distribution with Interswitch

Published 19 Jun 2017 13:27 CET | Kenya
Payments firm Interswitch Group has inked a deal with money transfer provider SimbaPay to allow clients to receive remittances ...





Calendar   /   Industry Events

26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Megacable Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Ooredoo Q3 2020
28 Oct ZTE Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct Ribbon Communications Q3
29 Oct Fortinet Q3 2020
29 Oct Corning Q3 2020
29 Oct Spotify Q3 2020
29 Oct CyrusOne Q3 2020
::: More Calendar Items