Nigeria Inter-Bank Settlement System, which provides electronic payment services and data on payment transactions in Nigeria.
BREAKING: South Africa’s ACH, BankservAfrica rebrands to PayInc SA
BankservAfrica has rebranded to PayInc (SA), signaling a modern approach to digital payments. PayInc will continue to provide infrastructure for electronic funds transfers (EFTs) and card payments.
Condia Insider: While Revolut eyes Africa, Afriex looks beyond
Collect Africa is shutting down to focus on a new platform, Autospend, aimed at cross-border payments using stablecoins. Revolut is expanding its operations into Morocco, led by ex-Uber executive Amine Berrada, with plans to establish a full neobank.
Tap, pay, go: CashAfrica wants to make payments easy, but first it must change customer behaviour
CashAfrica launched in 2023 to provide contactless payment solutions. The fintech has processed ₦1 billion from B2C customers using its Cash Mobile app.
YC-backed Prospa is unable to process withdrawals for the second time in 5 months
Persistent delays in processing customer withdrawals have led to complaints and social media callouts for Prospa. Customers have experienced similar delays in the past, with service downtime impacting transaction speeds.
