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Main eCommerce Thrusts Needing Online Payment Across Sub-Saharan Africa

by African Payment Solutions

Main eCommerce thrusts across SSA

Local SSA SMEs opening sales of products and services locally – eCommerce and mCommerce SME growth is thriving across SSA as a result of hungry people, real needs and significant upskilling and investment from eCommerce and development institutions
Big SSA platforms and marketplaces – for eg Takealot, Jumia, DHL Africa eShop, Safaricom’s Masoko,
Multinational eCommerce platforms and companies expanding to SSA like Uber, Airbnb
Travel and Tourism could get a specific mention (Travel was Africa’s biggest eCommerce vertical
Digital and entertainment must have had a good boost from COVID 19, like DSTV, Netflix, Gaming, Gambling – time will tell
An up and coming industry to smooth out the economic speed bumps for SSA citizens is insurtech which could get a boost from smart contracts and digital currencies by removing the middlemen – this will need payins and payouts
Crypto exchanges expanding across SSA . . huobi, luno, binance need fiat on and off ramps

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