02 Mar A Mad Scramble for Online and Digital Payments Interoperability across Africa

Payment Gateway Africa

Africa is going to be one of the fastest growing digital and payment economies in the world.  A 90% cash payments landscape that is rapidly transitioning to mobile digital payments.  

The need and drive for frictionless, cross border and digital mobile payments and financial inclusion is igniting structural changes in the African financial landscape to underpin this.

Noone wants to be left out so there is a flurry of cooperative venturing to leverage each others technologies, payment systems and user bases to bring Africans onto the global payments networks at breakneck speed.    These cooperations are mainly the joining of forces to knit together backend “wholesale” payment networks that over time can be plugged into.

To mention a few . . 

Cards are teaming up with mobile money and to leverage their client bases, for example a recent cooperation between Visa and MFS to add a virtual Visa card to 180m mobile wallets to facilitate crossborder payments.  

Mobile money interoperability initiatives like Mowali, and Mojaloop an open source project funded and driven by the Bill and Melinda Gates Foundation with the aim of providing low cost, interoperable payment systems to ramp up financial inclusion.

MasterCard examples are investment in Jumia, one of the biggest eCommerce companies on the continent, and Network International which is one of the biggest backend bank payment networks in UAE and Africa.

We make it easy for you to get paid online at the checkout by bringing together the best of breed card and mobile monies.  Click here to get payment across Africa at the checkout.

THANK YOU

Our services include: 

  • Nigeria
    • Online payment solutions
    • Credit card payments
    • eCommerce payments
    • Payment provider
    • Payment gateway

 

  • Kenya
    • Online payment solutions
    • Credit card payments
    • eCommerce payments
    • Payment provider
    • Payment gateway

 

  • South Africa
    • Online payment solutions
    • Credit card payments
    • eCommerce payments
    • Payment provider
    • Payment gateway