Networkworld: Starhome Launches Prepaid Mobile Service in Africa

Starhome, a mobile phone roaming services provider, has launched its Prepaid Anywhere service in Africa to take advantage of the continent's high rate of prepaid subscribers, which stands at 90 percent to 95 percent.
The number of roaming agreements in Africa is low because the agreements are expensive and complex to implement, noted Starhome marketing officer Amy Daniel.

The key challenge for African operators wishing to provide roaming solutions to prepaid customers is their dependence on CAMEL (Customized Applications for Mobile Enhanced Logic) technology. Operators must enter into bilateral agreements with one another in order to offer CAMEL-based solutions, and these agreements require customers to pay a deposit --US$500 in Kenya, for example -- for roaming service.

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Prepaid Payroll Launched in South Africa

As we have announced in the past, several organizations, including the U.S. Department of Employment Services, have announced plans to pay employees using prepaid cards. This new concept is going global, and is now being launched in South Africa. As reported in this article, FNDS3000 will be issuing a Diamond Cash Card, in their first payroll card program for the region. In a statement issued from Michael J. Dodak, CEO and Chairman of FNDS3000:

"The issuing of our Diamond Cash Card is a significant milestone in our corporate history. Our major strategic objective was to install our prepaid card-issuing platform in Johannesburg, South Africa to serve as a launching pad for tapping into the expanding unbanked markets.”

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FNDS3000 Has a New Strategic Partner in Australis Financial Services (PTY)

A few days ago we brought you news of FNDS3000 and their integration with Bankserv, which allowed FNDS3000 cards to be used at nearly all ATMs located in South Africa. In latest news, from Yahoo! Finance, FNDS3000 have announced a strategic partnership with Australis Financial Services (PTY). Victoria Vaksman, Executive Vice President of Europe, Middle East and Africa, for FNDS3000 Corp had this to say:

"We welcome Australis Financial Services (PTY) Limited to our base of Worldwide Strategic Partners. We expect AFS to aggressively market our prepaid card solutions to their customer base in Africa. AFS will be promoting our prepaid cards through their customer base which constitutes millions of card holders utilizing AFS's closed loop prepaid cards and their bill payment system.”

In a statement from George Rudman, CEO of Australis Financial Services (PTY):

"We welcome the opportunity to expand our card offering from purely closed loop prepaid cards to prepaid debit cards which have international acceptance. This offering will greatly enhance card adoption within our customer bases located through the African continent and will contribute significantly to our earnings."

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