A digital wallet platform and online payment system developed by Google to enable in-app and tap-to-pay purchases.
Paga Expands to U.S. with Digital Banking for African Diaspora
Paga Group has launched digital banking services in the U.S. for Africans living abroad. Customers can open fully regulated U.S. accounts using only a valid ID and U.S. residential address.
Paga enters US market, seeking a piece of the $21 billion Nigerian remittance pie
Paga Group has expanded its operations to the United States. The company is targeting the Nigerian-American community, which exceeds 3 million people.
Trends Shaping Mobile Payments in Africa
Mobile digital payments have shifted from convenience to a core feature of Africa’s financial landscape. Contactless payments now account for over half of all card transactions in urban centers in South Africa.
South Africa’s SOLmate doubles users to 100,000 as eWallet surge drives growth
SOLmate has doubled its active user base to about 100,000 over the past year. The eWallet service recorded a 500% surge in transaction volume, preferred over traditional EFTs.
Binance adds Apple Pay and Google Pay options through Worldpay partnership
Binance rolled out a major upgrade by integrating Apple Pay and Google Pay to enhance its fiat-to-crypto experience. The integration aims to simplify crypto onboarding during a time when the market has lost $250 billion due to global trade tariffs.
