02 Mar eCommerce Payment: Acquiring and Alternative Payment Methods in East Africa

Central banks in East Africa are cooperating to make money transfer work more effectively and to establish a kind of European Community for the region.  They want to regulate rates to improve the flow of money between countries and stimulate economic activity.   ICT ministers, Heads of State and Finance ministers are cooperating to lower rates and improve cross border flow of funds.  Countries Rwanda, Kenya, Uganda and South Sudan are working togethe...
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01 Mar eCommerce Payment for Goods and Services in Kenya, Nigeria, South Africa

Online payment methods are growing across Africa as eCommerce and payment for goods and services online is increasing, backed by local governments and local and international eCommerce companies.   Making payment online for eCommerce goods and services in Kenya, Nigeria, South Africa and up and coming economies like Ghana, Rwanda and Mozambique has been made easier by payment platform African Payment Solutions.   Preferences for online payment vary consi...
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27 Feb Kenyan and Nigerian eCommerce and Payment is Growing Rapidly with Government Support

Kenya is consistently going digital with the latest being denial of boarding on Kenya Airways without an eVisa.  Incoming tourists can now apply online for an eVisa.  The Kenyan government is one of the most progressive in Africa when it comes to digitising the Kenyan economy. This bodes well for eCommerce, and the purchase and payment for government services online paves the way for multinational eCommerce companies expanding to this African country and ...
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22 Feb African eCommerce Payments - Interoperability of Mobile Payment for Alternative Payment Methods in East Africa

Moneygram is paving the way for interoperability and cross border payments in Africa.  By connecting with MNO’s like Vodacom, consumers can transfer funds into their M-Pesa accounts in Tanzania.   This ability to move money for example from Europe if a family member is working out of the country is a big benefit for African consumers.  This narrowing of the financial gap and connectivity between the African continent and the rest of the world i...
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21 Feb African Payment Methods: Kenya Online Payment Solutions and Kenya eCommerce payments

Uber has arrived in African countries and I had the pleasure of using it in Kenya recently.  Payment was easy because of it being linked to my South African credit card.  The service was excellent and it certainly made our recent trip to Nairobi an absolute pleasure as compared to previous occasions. The cost and efficiency of Uber made it a no-brainer for getting from one meeting to another.  Through a single integration to African Payment Solutions...
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20 Feb African eCommerce Payments for Multinationals: Smartphone and Analogue-phone Mobile Payment Methods

Smartphone growth in Africa has doubled in two years and consumer adoption of mobile payments using smartphones in Africa is increasing on the back of this.    The drivers of eCommerce and eCommerce payments are a rising consumer market, increased connectivity, smartphone penetration.  Consumers are hungry for international goods and services, and the ability for multinational eCommerce companies to get paid with African alternative payments like...
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16 Feb eCommerce Payment in Africa: Africa is The Home of Mobile Alternative Payments

The rest of the world thinks it’s a leader in mobile payment and e-payments using a mobile phone.  Africa is a hotbed for mobile phones from feature phones to smartphones.   As necessity is the mother of invention, in the absence of traditional banking and cards, Africans have found simple and effective ways of leapfrogging the rest of the world with mobile payments via USSD and web payments on the back of exponentially increasing smartphone penetra...
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15 Feb African eCommerce Payments: Rwanda Online Acquiring for Multinational eCommerce Merchants

Rwanda is an interesting case in point for eCommerce in Africa when it comes to African eCommerce payments.  The East African “community” is starting to work well with economic reciprocity taking place and the ease of moving money between countries like Kenya, Rwanda and Tanzania. Rwanda has government backing when it comes to tech and connectivity.  As a result of Head of State Paul Kagane’s personal backing of eCommerce and online paym...
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13 Feb Online Payment in Kenya: Credit Card, Debit Card, M-Pesa - Kenyan Shillings and USD

There are some anomalies for multinational eCommerce merchants who are opening up eCommerce and eCommerce acquiring in Kenya. Switching to local banks for local Kenyan currency is supported using PayWeb (Redirect), PayXML (API) and PayBill.  A CVV is required for each transaction.  PayWeb is simple and effective for lower end lower volume merchants and PayXML is where multinational merchants need to be PCI compliant and store and transmit card details to ...
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06 Feb eCommerce Payment in Africa: Growth of Mobile Payment for Online Purchases (Part 2)

There are some very interesting parallels between the nature of the Asia/Pacific market and Africa.  Emerging markets like Asia Pacific and Africa is where the double digit growth of mobile payment methods is taking place.  More developed markets have established banking and methods of payment which are difficult to disrupt. The developing countries have government intervention which catalyses the growth and saturation level of local mobile payment method...
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