How mobile money is shaping Africa’s payments landscape

News published on Sep 14, 2022 @ 12:49 pm
Africa has undoubtedly developed an appetite for mobile payments – a trend accelerated by the global pandemic. South Africa’s contactless transactions have grown due to pandemic-induced hygiene concerns, as well as greater smartphone penetration. Contactless payments for daily essentials were 13 times higher in March 2020 than March 2019.
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