21 Apr The Frustrations of Getting Paid Online for eCommerce and mCommerce in Africa

Global eCommerce businesses have a real challenge getting paid for their services in Sub-Saharan African countries.  The language, communication, cultural, way of doing business, distance, cost are barriers and make it really difficult for them to go live timeously.African Payment Solutions provide a turnkey solution to save multinationals from the following complexities of in-country requirements.Online payment in Africa need for a local partner, a local l...
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18 Apr Four reasons for growth in eCommerce and mCommerce in Sub-Saharan Africa

Four reasons for growth in eCommerce and mCommerce in Sub-Saharan AfricaSouth Africa is a mature market and growth is slow.  The Sub-Saharan African online payment market is growing rapidly. Firstly as a result of the high percentage of young, increasingly economically active, banked and educated consumers. Secondly as a result of the growth in connectivity. Thirdly due to the growth in online payment enablement, and the move from cash offline to non-cash ...
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18 Apr M-Pesa is used by over 70% of households in Kenya – now international merchants can sell to Kenyan consumers and get paid with M-Pesa online using African Payment Solutions

Safaricom, is a Nairobi-based mobile network operator that is 40% controlled by the UK’s Vodafone Group.  The stats on their M-Pesa vary – a source suggests 15 million users conducting more than 2 million daily transactions, at a level of 60 percent of the country’s GDP.M-PESA definition – the M is for mobile phone and PESA is the Swahili word for money – is a platform for making small-value electronic payments.  M-Pesa is a l...
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12 Apr Global eCommerce Companies Get Paid by Kenyan Consumers with M-Pesa

A number of global eCommerce companies are now selling to Kenyan consumers and getting paid with M-Pesa.  M-Pesa is the most pervasive payment method in East Africa.   Kenyan consumers are hungry for international products and services and due to the low credit card penetration they could not historically buy and pay.   Acceptance of M-Pesa payment online has opened up a whole new market for multinationals.
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09 Apr Sell Online to 25m Kenyan Consumers and Get Paid Simply and Economically with M-Pesa

Mobile payments in Kenya saw an estimated transaction value of $26bn in 2014 from 25m mobile subscribers which is almost the entire Kenyan adult population.  This market is now available for sale of goods and services by global companies to Kenyan consumers.M-Pesa consumers are using their mobile money to pay for utilities, rent, school fees and retail.  This increasingly connected consumer base is now hungry for international products and services and Afr...
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07 Apr eCommerce and mCommerce – New Emerging Targets Markets like Kenya with M-Pesa Online Payment

Because eCommerce and mCommerce can be done anywhere with anyone linked to the internet, they are largely borderless in their choice of target markets.  Having said that, it is important that target markets are chosen based on the critical parameters.  First world markets are traditionally very competitive and saturated and so it pays to look further to less competitive markets that are easily accessible and growing.Because eCommerce and mCommerce are comp...
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17 Jan eCommerce Payment Methods in Africa Available for Expanding International Merchants

Mobile payment is completely transforming the way people shop and buy online. There are so many spinoff businesses and economic transformation that have been catalysed through the implementation and pervasiveness of mobile payment methods. Particularly in Africa who, with their payment methods like M-Pesa (Kenya), Smartcash (Rwanda), Paga (Nigeria) are leapfrogging the rest of the world when it comes to massive growth in mCommerce and eCommerce.The combination of co...
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17 Jan Online Payment in Africa: M-Pesa (Kenya), SmartCash (Rwanda), Local Debit Card (Nigeria and Mozambique)

Mobile payments are made up of a linked network of elements including the consumer, the technology, the merchant, the bank or treasury element, the payment processor, and a mobile phone company.In African countries this synergy between operators and components has been way more successful and produced an integrated economy uplifting and bringing consumers into the net.Mobile payment methods such as M-Pesa, Paga, Airtel Money and 150 others have been extremely succes...
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