M-Pesa expands coverage to Uganda

Cashless Payments, News, Technology

A press release by Safaricom has announced that Kenyan M-Pesa users can now send funds to recipients in Uganda thanks to a partnership with mobile operator MTN. M-Pesa is a mobile phone based money transfer service which was launched in 2007 by Vodaphone for Safaricom and Vodacom – the largest mobile telecommunication services in Kenya…

Israel issues new 200 shekels banknote

Banknotes, News

The Bank of Israel has released the next denomination in its new banknote series, the 200 shekels banknote. Yesterday, the Bank issued a press release advising that the new 200 denomination was being distributed to the public via commercial banks, ATMs and the Israel Postal Company. It is the second denomination of the ‘Series C…

China banknotes 100 yuan

Zimbabwe makes Chinese yuan legal currency

Currency, News

According to online news sources, Zimbabwe has announced that it will make the Chinese yuan legal tender following confirmation that China would cancel $40 million in debts. During a statement by the country’s minister Patrick Chinamasa regarding the debt cancellation, it was advised that Zimbabwe would start using the Chinese yuan as it seeks to increase trade…

Bolivia banknote 200 thumbnail

Bolivia upgrades 200 boliviano banknote

Banknotes, News

The 200 boliviano banknote has been upgraded by the Banco Central de Bolivia, the country’s central bank. The latest upgrade of the boliviano banknote is part of the new “J” series of banknotes from Bolivia. The 200 boliviano banknote was first issued in 1987 and was last upgraded in 2005. The upgraded paper banknote includes a 4mm wide…