Vodacom M-Pesa Goes Global with Payment Blitz
M-Pesa launches a suite of cross-border payment solutions to enhance global digital economy participation. The M-Pesa Visa tokenized card enables secure, contactless Tap & Pay transactions globally.
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.
Condia Insider: The slow death of cash in Africa
Standard Bank closed 1,942 ATMs in South Africa over five years, reflecting a broader trend in ATM decline. Kenya's mobile money transactions reached KES 6.5 trillion in 2024, a 13% increase from the previous year.
On Johannesburg’s streets, traders remain fiercely cash-first
Street traders in Johannesburg's inner city transform sidewalks into vibrant marketplaces, selling food, vegetables, and second-hand clothes. Gauteng accounts for approximately 29% of South Africa's informal economy, employing nearly 20% of the country's workforce.
Anchor celebrates third anniversary with $2.5 billion processed and key regulatory licences
Anchor celebrates its third anniversary as a leading banking-as-a-service provider in Africa. The platform enables fintechs to issue currency accounts, facilitate transfers, and issue branded cards.
