How to Accept Mobile Money, Cards, and Cash on One Platform, According to Zoyk
- Mobile money platforms processed over $1.4 trillion in 2023, indicating a shift towards digital payments.
- POS adoption is growing at 18 percent annually, highlighting the increasing importance of this payment method.
- Businesses face fragmented reporting and inconsistent settlement times due to the use of separate payment systems.
The integration of payment systems in Africa is crucial for enhancing efficiency and reducing costs for businesses. As digital payments continue to grow, platforms like Zoyk represent a significant advancement that can facilitate smoother transactions and improve financial visibility. The focus should be on developing interconnected systems rather than merely increasing the number of available payment options.
