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Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
Urugay-based payments platform dLocal has announced that the Central Bank of Kenya and the National Bank of Rwanda granted dLocal their respective payment service licenses.
payment processing, API, ecommerce, payment methods, Acquirer, merchant
Nigeria-based fintech Flutterwave has received EMI and remittances licenses from the National Bank of Rwanda as it expands operations in East Africa.
Flutterwave, EMI licence, ecommerce, expansion, remittance, cross-border payments
The National Bank of Rwanda, Rwanda, MNOs, wallets, merchant fees, mobile payments, mobile transactions, COVID-19, digital payments, cash
Oliver Dlugosch, ndgit: The ultimate goal for Open Banking is the formation of‘ecosystems’ that offer heavily-tailored and richly customised services, seamlessly delivered from multiple players and sources
Oliver Dlugosch, NDGIT, Open Banking, API, innovation, fintech, PSD2, banking, digital banking
We interviewed Jordan Graison, Limonetik, to learn more about the opportunities that payment companies can benefit from in Africa
Africa, Limonetik, Jordan Graison, ecommerce, payments , fintech, payment method, credit card, Amazon, Jumia, Visa, bank, PSD1, MasterCard, M-Pesa, cash, e-wallet, Central African Economic and Monetary Community
If a consumer wants to pay with a specific method, retailers need to offer that payment method
Simon Black, PPRO, Europe, ecommerce, market, developed economies, interview, payment method
MasterCard is willing to connect 40 million micro and small merchants to its e-payments network by 2020.
MasterCard, SMEs, ePayments, online payments, digital payments, unbanked, underserved
The Tanzanian government has recently issued the National Payment System Bill, 2015, which seeks to enhance efficiency and fraud mitigation solutions in effecting electronic payments.
Tanzania, Africa, payments system, fraud, improvement, e-payments, electronic, online sales, government