{"id":214519,"date":"2020-01-30T22:59:17","date_gmt":"2020-01-30T14:59:17","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=268197"},"modified":"2020-01-30T22:59:17","modified_gmt":"2020-01-30T14:59:17","slug":"mtn-revives-south-africa-mobile-money-service","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2020\/01\/30\/mtn-revives-south-africa-mobile-money-service\/","title":{"rendered":"MTN revives South Africa mobile money service"},"content":{"rendered":"<p>        \tMTN South Africa made its vaunted return into the country&#8217;s mobile money sector, a move\u00a0CEO Godfrey Motsa hailed as offering great opportunities and societal benefits.<\/p>\n<p>Consumer availability of its MoMo product comes more than three years [1] after the operator abandoned its original effort due to a lack of commercial viability.<\/p>\n<p>Meeting a timeline announced in December 2019 [2], the operator switched-on the service today (30 January). It offers cash transfer and retail payments through either an app or SMS on basic devices.<\/p>\n<p>MoMo was developed in partnership with financial services company uBank.<\/p>\n<p>At its launch event, Motsa said the product brought great opportunities to the market, citing the successes reported by other operations within MTN Group with similar mobile money services.<\/p>\n<p>\u201cWe want to compliment the current banking system. In so doing, we help job creation and we also diversify the MTN portfolio.\u201d<\/p>\n<p>MTN Group has long coveted a return to the sector in its home market: in 2018 CEO Rob Shuter stated the company was working on a return to financial services [3] in the country, and also make a number of statements on his ambitious goals in the sector [4].<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/sas-mtn-follows-vodacom-in-ditching-mobile-money\/<br \/>\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/mtn-prepares-to-resurrect-mobile-money-in-sa\/<br \/>\n[3] https:\/\/www.mobileworldlive.com\/money\/news-money\/mtn-targets-mobile-money-comeback-in-sa\/<br \/>\n[4] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/mtn-sets-sights-on-africa-banking-lead\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN South Africa made its vaunted return into the country&rsquo;s mobile money sector, a move&nbsp;CEO &#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/mtn-revives-south-africa-mobile-money-service\/\">MTN revives South Africa mobile money service<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n<p> <a href=\"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2020\/01\/30\/mtn-revives-south-africa-mobile-money-service\/\">\u95b1\u8b80\u5168\u6587 <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"slim_seo":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2,2419,2795,7],"tags":[398,402,397,414,413,410,499,409,407,408,406,399,400,394,10,401,396,787,786,784,782,783,764,785,403,412,411,395,405,404,778,779,780,781],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7prtj-TNZ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/214519"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/comments?post=214519"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/214519\/revisions"}],"predecessor-version":[{"id":214520,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/214519\/revisions\/214520"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/media?parent=214519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/categories?post=214519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/tags?post=214519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}