NEWS
TerraPay and Instant Cash launch global cross-
border money transfers to mobile wallets
TerraPay, the world’s first mobile payments
switch and Instant Cash, one of the fastest-
growing money transfer companies in the world,
have teamed up to enable real-time cross-border
money transfers to mobile wallets.
Powered by TerraPay’s global clearing and
settlement service for mobile wallets, the
partnership will make cross-border money
transfer faster and convenient for the migrants.
In the initial roll-out, TerraPay has enabled
Instant Cash customers to send remittances
to mobile wallets in Nigeria, Tanzania and
Uganda. In Nigeria, migrants can send
money to any mobile number as well as bank
accounts. In Tanzania, migrants will be able
to send remittances directly to Vodacom
M-Pesa, Tigo Pesa, Airtel Money and Zantel
Ezy Pesa wallets. In Uganda, the friends and
families of the migrants can receive money
in their MTN and Airtel Money wallets. The
service is expected to expand shortly in other
L to R: Philip C Daniel, Acting CEO Instant Cash and
Ambar Sur, founder & CEO TerraPay
countries in Africa which
have a very high adoption of
mobile money. Ambar Sur,
Founder and CEO of TerraPay
commented, “Our strategic
partnership will bring the convenience
of mobile wallets to the global
customer base of Instant Cash, making
cross-border remittances faster,
accessible and cheaper for consumers.”
LinkedIn launches mobile web and
Android app ‘LinkedIn Lite’ in Africa
such as news feed, profile, networks,
messaging and notifications, so members
can stay informed, get ahead in their
careers and be more productive.
The Android app is less than one
megabyte in size and can reduce data
usage by as much as 80%, making it
easier for every member to connect to
opportunity, on-the-go and in areas of low
Internet connectivity.
LinkedIn has announced the availability of its new LinkedIn
Lite mobile web and Android app in more than 60 countries
across the world, including Egypt, Algeria, Morocco, Tunisia
and Nigeria. LinkedIn Lite is designed for markets where
bandwidth is a challenge. LinkedIn Lite is a lighter, faster
version of its flagship product and includes all key features
8
INTELLIGENTCIO
The catalyst for LinkedIn Lite was a field
research trip to a small city about 100
miles from Mumbai where broadband
challenges prevented page loading. To
address this, LinkedIn Lite was developed
for mobile web and rolled-out to all Indian members earlier
this year with a remarkable impact. Not only does the site load
five times faster but job applications on the mobile website
have quadrupled since the launch of LinkedIn Lite in India.
Additionally, more than half of new LinkedIn members now
sign up on mobile.
www.intelligentcio.com