Paynet to sponsor Kenya Banking & Mobile Money Conference

MOBILE

|
Image: By BiztechAfrica
Paynet to sponsor Kenya Banking & Mobile Money Conference

By Carole Kimutai, Nairobi, Kenya

Paynet Group will this year yet again sponsor the prestigious AITEC Banking & Mobile Money COMESA Conference, to take place over 7-8 March at the Kenyatta International Conference Centre (KICC) in Nairobi.

A staunch promoter of inter-banking industry cohesion, CEO Bernard Matthewman said he was proud of the milestones achieved so far by the banking industry; noting that the Paynet Group continued to help banks cut costs and enhance their electronic payments to millions of clients.  

“It’s a defining time for the banking and mobile money industry in East Africa and the wider COMESA region; we are sponsoring the conference to support a unique opportunity for players in this industry to meet and share experiences. It is critical for all of us to keep up to date, which makes the conference something industry participants cannot afford to miss.”

The AITEC Banking & Mobile Money COMESA conference is the largest banking and mobile money event in the East African and COMESA bloc and is organised in conjunction with the COMESA Business Council (CBC) by AITEC Africa. 

This year, the conference hopes to attract over 1,000 participants drawn from the senior echelons of commercial banks, mobile money providers, and regional integration organizations like the East Africa Business Council. Some of the world’s leading banking technology developers and vendors have also confirmed participation.

According to AITEC Chairman Sean Moroney, who is programme director for the event, a key focus of the conference will be the looming reality of monetary integration, an extension of a debate involving central bankers from Kenya, Uganda, Burundi, Rwanda and Tanzania and a  development that will impact the banking business and regional trade significantly.

In the main conference theatre, presentations by speakers will review trends in commercial and retail banking, innovations in banking technology and mobile money, new banking channels, products and services, among other topics.

Paynet Group’s renewal of the sponsorship effectively means that it retains for the sixth time the title of platinum sponsorship of this event.

The group is composed of PesaPoint, Paynet Kenya and EFT Kenya and provides payment services to banks and mobile money providers in Kenya, Tanzania, Uganda and Rwanda.

PesaPoint is available at more than 550 ATMs and 1,200 POS locations throughout Kenya and has been at the centre of integration with mobile money players like M-Pesa and Airtel Money

A recent survey indicated that even though banks are increasingly taking to infrastructure sharing, they still continue to lose hundreds of millions of shillings every year by investing unnecessarily on ATMs and devices at point of sale locations.

“The market is typified by expensive duplication of infrastructure by banks and mobile money organizations and it is becoming clear that this approach is not viable if they wish to drive down costs,” said Mr. Matthewman adding that most players are now reacting to this and are beginning to share their infrastructure and strive towards greater efficiency. “At the heart of this is collaboration and co-operation- something we see the AITEC Banking& Mobile Money COMESA conference as helping to foster,” he said.

Internet Solutions (IS) Limited, a leading corporate managed internet service provider, is also a Platinum Sponsor of the event, which hopes to bring together more than a hundred banks and banking related institutions from the region and beyond.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE MOBILE NEWS

Glo unveils 9G Bumper Data Offer for subscribers

Globacom has unveiled a new bonus data offer for millions of its subscribers. The new package which has a validity period of one month also gives 9 gigabytes of data for every subscription worth N4,000. Read More

Unitel to launch VoLTE with SRVCC in Angola

UNITEL in Angola has successfully completed the first call through the LTE network (VoLTE - Voice over LTE) with continuity of the call in case of handover. Read More

Vodafone Ghana Grand Prize winner takes home GHS100, 000

It was an emotional moment for the winners of Vodafone “Yee Twi Kɔ” promo recently. Read More

MTN seeks relationship restoration with NCC

MTN has expressed a desire to restore its relationship with the Nigerian Communications Commission (NCC), insisting that it has the highest regard for the regulator regardless of the current situation in the industry. Read More

LTE network launched commercially in Somaliland

Alepo announced today that Somcable, a major communications service provider in East Africa, has officially gone live with LTE in Somaliland. Alepo completed this LTE project in collaboration with Airspan. Read More

MTN launches first 4G LTE network in Cameroon

MTN has invested close to 60 billion FCFA over eight months to develop the first 4G network in Cameroon. Read More

ASUS enters Nigeria with ZenFone family

The ZenFone family from ASUS has made its entry into the Nigerian market. Read More

Samsung unveils Gear S2 in Kenya

Samsung Electronics East Africa has announced the next evolution in wearable technology with the introduction of the Samsung Gear S2 smartwatch. Read More

Tigo Tanzania launches 4G LTE

Tigo subscribers in Tanzania can now enjoy the fastest internet connection following the unveiling of the company’s 4G LTE service in the country.  Read More

Airtel Ghana commences 12 days of giving

Airtel Ghana culminates its impressive year of charity and goodwill with a programme led by employees to enrich the lives of individuals and communities, dubbed “Airtel 12 Days of Giving”. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks Unlimited

FEATURED STORY

Viber Spreads Good Vibes in Africa with the introduction of public chats Viber Spreads Good Vibes in Africa with the introduction of public chats

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. 

IN DEPTH

Poised for greater heights – Roshi Motman, AfricaCom CEO of the Year WinnerPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner

Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation. 

COMPANY NEWS

DStv Eutelsat Star Awards winners named

Students from Ghana and Zimbabwe have scooped top honours at 5th edition of DStv Eutelsat Star Awards organised by MultiChoice Africa and Eutelsat.