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.
TagsPress review
Topic
Market insights
Focus Region
Africa
Related to