Changa practice goes mobile
VALUE ADDED SERVICES| Oct. 23, 2012, 1:32 p.m.
A new SMS-based product, M-Changa, is taking the Kenyan practice of Changa to mobile phones.
M-Changa’s originators say thousands of East Africans participate in fundraising drives every day to pay for everything from weddings to school fees to community rehabilitation. This practice of “Changa” has been around for hundreds of years, and has now gone mobile.
After two months in closed testing, M-Changa was officially launched to the public this month. M-Changa will allow individuals to raise more money, from more people, in a faster, more efficient and more transparent way than ever before. M-Changa fundraisers will be able to invite an unlimited number of contributors, send automatic reminders to contributors, and automatically track all payments to the fundraiser.
M-Changa founder and CEOr. Kyai Mullei says:“We founded M-Changa in January 2012 to create a product that successfully marries two distinct traits of Kenyan society, our culture of fundraising, and the Kenyan people’s comfort when it comes to use of mobile money.”
M- Changa allows people to initiate fundraising campaigns and send customized fundraising campaign messages via mobile phone to as many contributors as they like, as well as allowing fundraising campaigns to be extended to social networks such as Facebook and Twitter.
MORE VALUE ADDED SERVICES NEWS
Streamed services to push digital music sales to $14bn by 2019A new report from Juniper Research found that the digital music industry will experience slow growth in revenue over the next 5 years, from $12.3bn this year to $13.9bn in 2019. Read More
Airtel, Tigo launch cross-network money transfer service in TanzaniaBharti Airtel has announced the introduction of a service that will allow customers send and receive between Airtel’s mobile money service and that of Tigo in Tanzania. Read More
Airtel, VeriFone Mobile Money speed up merchant enablementBharti Airtel and VeriFone Mobile Money have reached an agreement to offer VeriFone Mobile Money’s merchant enablement applications for mobile Tap n Pay across Airtel’s 17 operating countries in Africa. Read More
Safaricom cuts fees on low and medium value M-PESA transfersSafaricom has announced a targeted reduction of transaction fees levied by the operator on its most popular person to person M-PESA transaction bands. Read More
Stakeholders meet over Ghana mobile moneyStakeholders from Ghana’s financial and telecoms industry have held talks at an MTN Stakeholders Forum in Accra to discuss the way forward in the quest to make Ghana a cashless society. Read More
Village saving associations get mobile money productAirtel Uganda, Grameen Foundation and Plan Uganda have introduced a new Group Savings product for Village Savings and Loan Associations. Read More
Nigeria’s VAS providers ‘on brink of extinction’WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports. Read More
Onfon, Safaricom launch Name TunesOnfon Media, a leading Value Added Telecoms service provider, has partnered with leading integrated telecommunications service provider Safaricom to launch a new service called Name Tunes on the Skiza Platform. Read More
GCB Bank Ghana to go live with mobile commerce platformgoSwiff has connected its 50th bank client, GCB Bank Ltd. in Ghana, to leverage mobile point of sale (mPOS) on goSwiff mobile commerce platform. Read More
MTN Ghana resolved to encourage effective cashless societyMTN has reiterated its resolve to encourage and ensure an effective cashless society through the introduction and promotion of its mobile money service. Read More
FEATURED STORYNigeria’s VAS providers ‘on brink of extinction’
WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.