Some Businesses are turning down mobile money payments from consumers as cases of MoMo fraud continue to rise across the country.

A pending transaction means funds in your account are earmarked and authorized for a specific transaction. However, the transaction isn’t yet fully processed or posted to your account. Read Next: 5 ...

Hawala is an informal, trust-based money transfer system that operates without banks or formal records. Hawala, the centuries-old money transfer system, is as fascinating as it is controversial.

Mobile money has become a central digital alternative to traditional banking in developing countries, yet several African governments have introduced taxes on mobile money transactions. We develop a ...