News

Four Drivers of Change for Financial Inclusion in 2017

This open letter from Greta Bull at CGAP details 4 key drivers of change in financial inclusion for 2017: technology distribution, government regulation, open ecosystems, and data. Youtap is proud to contribute to the technology distribution aspect of financial...

Anyone, anywhere can be a merchant

Why the lack of a POS terminal is no longer a barrier to entry for merchants The growth of mobile money has extended financial inclusion to millions of people in emerging markets. It’s given them the ability to store and use money on their mobile phones. Still,...

Telkomsel officially launches NFC payments at KFC

JAKARTA, Indonesia, November 16, 2016 – Mobile network operator Telkomsel Indonesia, the largest mobile operator in South East Asia, has formally launched TCASH Tap across Indonesia. TCASH Tap is powered by near-field communications (NFC) technology developed by...

MTN ‘Tap&Pay’ goes live in Rwanda

KIGALI, Rwanda – Mobile network operator MTN and Verifone Mobile Money have teamed up to launch MTN Tap&Pay, a service that allows customers to use mobile money to pay for goods and services simply by “tapping” their phones on a merchant point of sale device. The...

Three reasons mobile money is set for a new wave of growth

Mobile money is taking the world by storm. This Youtap Solution Paper outlines several innovations in the industry and why mobile money is set to grow exponentially in emerging markets. Mobile money has been so successful in emerging economies that in 19...

Mobile Money on the rise in Africa as millions get phones

Millions of African depend on mobile money for daily activities like paying utility bills to special circumstances like helping a friend in distress. But the multibillion-dollar mobile money industry is increasingly going global, making it possible for mobile...

Digital Finance and Emerging Economies

In a commentary for Fortune, James Manyika of McKinsey and Rodger Voorhies of the Bill & Melinda Gates Foundation advocate for greater investment in digital finance – the technology that enables a mobile phone to become a “wallet” – as a way to promote financial...

Legitimising Mobile Money: Interoperability

Cash is ubiquitous, acceptance is universal, and it’s still preferred by both customer and merchant in emerging markets – there is no doubt the tide will eventually turn in favour of digital alternatives, the only question is time. It’s not a matter of quick fixes and...

Youtap’s Joint-Venture wins Best NFC-enabled Service Award!

We’re pleased to announce our Best NFC-enabled Service award win at the CEPI Asia Awards, along with high commendation in the Best Digital Solution category. Thanks to our partnership with Telkomsel T-Cash, we’ve been able to prove retail enablement is a driving force...

Access to banking: Critical to ending poverty

Deputy country director at United Nations Development Program Indonesia writes: Financial inclusion is an important component of poverty alleviation. It is about increasing access to financial services, especially for the working poor, who typically rely on irregular,...

Mobile Money Holds the Keys to Latin America

Latin America is one of the hottest emerging regions that can offer a tremendous opportunity for FinTech. As we have recently started discovering local FinTech ecosystems, it became clear that mobile has made a significant impact across industries and that FinTech...

Mobile Money in Latin America is a Hidden Goldmine

Mobile money in Latin America is a hidden goldmine as out of the 480 million adults in Latin America, there are a mere 15 million registered mobile money users (3% penetration). FinTech companies looking to ride the wave in the region can continue to benefit from the...

Youtap! Named Red Herring Global Top 100 Winner

December 2nd 2015 – San Francisco, CA – Today Youtap Inc., a mobile payments technology company announced that it has been selected as a Red Herring 2015 Top Global award recipient. The prestigious industry award recognizes the year’s most audacious and promising...