SA’s “two-speed” payments system sees digital transactions expand in the formal sector, as cash continues to dominate informal commerce.
Ayoba offers omnichannel opportunities, allowing you to reach customers wherever they are – on the ayoba app, your personal website or social media.
ITWeb TV: Africa’s remittances evolve from bus drivers to digital wallets | Episode #80
In this episode of ITWeb TV, Cornelius Coetzee, country director for Verto South Africa, speaks to Admire Moyo, ITWeb news editor about the evolution of Africa’s cross-border payments landscape. #Remittances #CrossBorderPayments #MobileWallets #ApplePay #GooglePay
Cash is still used in around 90% of consumer transactions in Africa, which is great news for telcos wishing to leverage shared payment streams, says 4C Group.
On a practical level, 5G will make mobile payments quicker and more secure as biometric data for identification can be managed more seamlessly.
Across the continent, digital wallets have evolved into so-called super apps, which have diversified beyond money management, says Omdia.
As the crypto-assets marketplace grows, there will be options available that will make transactions in the digital world easy and very secure.
Senior lecturer at the University of Pretoria Dr Neil Croft will be presenting at the ITWeb Industry Tech Update 2017 event in October on what makes Bitcoin a treasure.
Analysts predict contactless payments will generate $50 billion over the next three years.
In this World Wide Wrap: Consumers call for proactive services, Stanton backs Haiti mobile wallet plan; and Safaricom signs M-Pesa deal.
An Alcatel-Lucent study found 89% of respondents are willing to pay for the convenience and portability of a mobile wallet service.