Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > SKRILL LAUNCHES PLATFORM TO CONNECT MOBILE OPERATORS AND ENABLE DIGITAL PAYMENTS IN EMERGING MARKETS
    Top Stories

    SKRILL LAUNCHES PLATFORM TO CONNECT MOBILE OPERATORS AND ENABLE DIGITAL PAYMENTS IN EMERGING MARKETS

    Published by Gbaf News

    Posted on September 11, 2014

    3 min read

    Last updated: January 22, 2026

    platform
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Leading digital payments company Skrill announced the launch of an online payments platform to drive digital inclusion in emerging markets.  By partnering with Skrill, mobile network operators enable consumers to engage with global online eCommerce, thereby increasing average revenue per user (ARPU).  For global online brands, Skrill will deliver access to hundreds of millions of currently unreachable new consumers in emerging markets.

    As Europe’s first FCA-regulated eMoney issuer, with 13 years’ experience in digital payments, Skrill is uniquely positioned to change how people in emerging countries transact and engage digitally.

    MTN, the South African-based multinational mobile telecommunications company, is the first operator to roll out the service.  This enables the 18.4 million active users of MTN’s mobile wallet to make payments to merchants, digital gaming sites and social media.  The service will launch in Ivory Coast and Rwanda, followed by roll out across MTN’s Africa-wide estate.

    Skrill’s revolutionary platform has multiple benefits for mobile operators. It offers a value-added service that helps them differentiate their business in regional markets and drive subscribers to data packages, helping to further increase average revenue per user and encourages customer loyalty, extending the length of the customer relationship.

    Global internet brands can benefit from Skrill’s emerging markets strategy, with access to hundreds of millions of new consumers in Central and South America, Africa and Asia.  These people are currently unable to make payments, either because their credit cards do not work, or because, in many cases, they are unbanked.  In addition, chargeback protection provides compelling and risk-free emerging market engagement for online brands.

    Nilesh Pandya, SVP of Emerging Markets at Skrill, commented, “Today, there are hundreds of millions of consumers who want to be a part of the digital revolution, but simply do not have the means to pay. Our partnership with MTN enables its 18.4 million mobile wallet customers to enjoy the benefits of digitisation that those in developed markets take for granted, and provides an impetus for MTN’s remaining 200 million mobile subscribers to embrace mobile payments. 

    “Skrill is revolutionising digital markets by driving universal engagement in the digital world. This ground-breaking launch brings together leading mobile operators and online businesses, enabling global brands to connect with consumers in emerging markets, and leverage the true power of digital transactions.”

    Pieter Verkade, MTN Group Chief Commercial Officer, added, “Our partnership with Skrill is another important step in our journey to offer customers the distinct experience of our mobile money service. We have been impressed by Skrill’s innovative and technology-led approach and through this partnership, MTN is enabling global digital payments, further enhancing our mobile money wallet offering. After Ivory Coast and Rwanda, the service will be extended to Benin and Uganda, with other markets to follow soon thereafter. ”

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostACCEPTEMAIL INCREASES GLOBAL REACH WITH WORLDPAY
    Next Top Stories PostVERMILION ACHIEVES RANKING IN ‘HISCOX TECH TRACK 100’ FOR FIRST TIME