Kenyan lawmakers greenlight mobile money payment services for gambling

Mobile money platforms are now allowed as modes of payments for gambling operators The Kenya National Assembly’s Sports, Culture and Tourism Committee amended the Gaming Bill 2019 to allow mobile money platforms as modes of payments for gambling operators. The country has about 58 million mobile money subscribers. The minimum amount for an online gambling bet…

Kenyan lawmakers greenlight mobile money payment services for gambling

Mobile money platforms are now allowed as modes of payments for gambling operators The Kenya National Assembly’s Sports, Culture and Tourism Committee amended the Gaming Bill 2019 to allow mobile money platforms as modes of payments for gambling operators. The country has about 58 million mobile money subscribers. The minimum amount for an online gambling bet…

Tax challenges from digitalisation: where are we at?

Seed’s Nicky Gouder addresses the tax challenges arising from digitisation In March 2018, the European Commission (EC) proposed two rules to tax digital activities in ‘a fair and growth friendly manner’. The first proposal related to the creation of a new permanent establishment where companies have a significant digital presence. This proposal would result in…

Bitcoin betting exchange Exbet launches

Exbet is now live at exbet.io, welcoming new players with an industry-beating commission rate and pre-match liquidity from launch Dubbed ‘Betfair for Bitcoin’, Exbet is the first full-featured and licensed Bitcoin betting exchange to use the popular cryptocurrency as its native payment option.

Trusted payment methods available for Kenyan betting sites

In this article, we will explore the different trusted payment methods used on betting sites in Kenya. Betting firms in Kenya partner with telecommunication companies, tech companies, and most importantly the banking industry to ensure that the Kenyan bettor has some of the safest, faster, secure, and convenient payment methods. Having a trustworthy and dependable…

Trusted payment methods available for Kenyan betting sites

In this article, we will explore the different payment methods used in Kenya.  Betting firms in Kenya partner with telecommunication companies, tech companies, and most importantly the banking industry to ensure that the Kenyan bettor has some of the safest, faster, secure, and convenient payment methods. Having a trustworthy and dependable site goes hand in…

Conajzar urged for transparency on unclaimed prizes

Paraguay’s Senate Chamber has recently approved a request from Conajzar to share details about unclaimed prize money from 2015 The request, coming from Senator Abel González, asks for the statistics and information regarding unclaimed prices, and where the regulator directed the unassigned money, as well as whether or not it has been sent to charities.

(r)Evolution. PSD2, Open Banking and the future of payment services

JP Fabri is convinced that the future is one of an open banking world, he writes about how PSD2 has laid the regulatory foundations for this  new world JP Fabri is a co-Founding Partner of Seed Consultancy. An economist by profession, JP has advised a host of local and international clients including nine governments of small…

Hexopay proceeds his development with new arrangement

Global payments company Hexopay has expanded its team once again with the appointment of a new senior sales recruit Lisa Paton The appointment looks to navigate the firm’s aims of meeting the demands of the current climate.

MoneyMatrix to offer Sofort payment processing method

Owned by Klarna, the most highly valued fintech in Europe, Sofort will make available its smooth and user-friendly payment method to MoneyMatrix’s merchants Giving access to 230+ payment methods, MoneyMatrix is an EU licensed Financial Institution and PCI DSS Level 1 Certified payment gateway for real money gaming, sports betting, forex, or digital industries. Through…