iFinance » MTN http://kaseyskala.com/finance Broadcasting the Interactive Side of Finance Thu, 13 May 2010 03:45:11 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 MTN Mobile Money to launch in Rwanda http://kaseyskala.com/finance/mtn-mobile-money-to-launch-in-rwanda/ http://kaseyskala.com/finance/mtn-mobile-money-to-launch-in-rwanda/#comments Thu, 29 Oct 2009 21:17:22 +0000 Kasey http://kaseyskala.com/finance/?p=124 MTN announced today that they will launch the MTN Mobile Money product in Rwanda by the end of the year.

A huge opportunity, as MTN will be the first of its kind in Rwanda, which has around 1.5 million cell phone users.

Mobile banking continues to be an emerging trend, and a lot of testing and trial seems to be taking place within African countries. While there seems to be a few obstacles, we’ll see how this trial turns out for MTN.

A link to the announcement can be found here.

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