mojaPay releases superApp targeted at unbanked, underbanked customers
The financial products and services app is primarily targeted at people and businesses in the townships and rural areas.
Fintech start-up Ukheshe in Asia-Pacific expansion drive
The start-up company enters a new partnership with global next-generation card solutions and digital security company, dzcard.
Women entrepreneurs overtake men in fintech adoption
Around 81% of surveyed MEA female entrepreneurs adopt digital payment solutions, in comparison to 68% of their male counterparts.
Digital wallets give rise to African ‘super apps’
Across the continent, digital wallets have evolved into so-called super apps, which have diversified beyond money management, says Omdia.
The perfect storm for alternative payment solutions
A confluence of civil unrest, record unemployment and the pandemic creates ideal conditions in SA for the flexible, convenient and transparent buy now pay later movement.
Sub-Saharan Africa is next frontier for digital payments
With only 10% of payments currently digital, Sub-Saharan Africa has a tremendous window of opportunity for digital payments growth, say industry insiders.
Three countries drive Sub-Saharan Africa’s e-commerce boom
Research by financial services firm Visa reveals SA, Nigeria and Kenya as the top drivers of e-commerce volumes in the region.
South African consumers’ appetite for digital payments takes off
Mastercard says 95% of surveyed SA consumers are considering emerging payments, such as digital currencies, biometrics, contactless or QR code, in the next year.
Fintech app usage climbs amid digital boom
Financial technology app usage jumps 61% year-on-year, amid the skyrocketing demand for digital payments prompted by the pandemic.
Absa introduces QR payments
The bank’s customers can now scan any QR code in the market and Absa will process payments without the need to download any other service provider apps.
The evolution of payments – where small businesses can succeed
SimplyBlu from Standard Bank allows companies to take their business online with a customisable e-commerce Web site that offers secure payment options.