PawaPay Hits Three Billion Mobile Money Transactions as Daily Volume Doubles

Posted on by kara | 5930 Views | 8 min read
Pawa

PawaPay, a leading pan-African payments aggregator, has processed three billion successful mobile money transactions through its platform. This milestone reflects growing demand from businesses that need to collect and send payments reliably across multiple African markets. The third billion was processed in under nine months, three months faster than the previous billion. Daily transaction volumes

Omnea: Why Payment Coordination Is Still Finance’s Hardest Problem

Posted on by kara | 8849 Views | 27 min read
Omnea

By Deon Tomp, CEO, Omnea In the late 1990s, South Africa stood at the edge of a financial infrastructure transformation. The country’s payment system – the invisible machinery responsible for moving money between banks, businesses, institutions, and consumers – was undergoing modernization. Real-time settlement systems were emerging globally. Financial markets were becoming increasingly interconnected. Electronic

BPC: Enabling Growth in Africa’s Emerging Economies Through Payment Innovation

Posted on by kara | 13599 Views | 38 min read
BP

Ilyas Berrajaa, Managing Director Africa, BPC Banking Technologies. A farmer selling produce outside a town market, a minibus operator collecting fares, a pharmacy in a rural district, or a small shop owner serving a cash-based community often has the same challenge: Consumers increasingly rely on digital payment instruments like mobile wallets, but merchants still have

Vodacom M-Pesa and PayPal Empower Tanzanians with Expanded Access to Global Digital Payments

Posted on by kara | 5044 Views | 10 min read
Vodacom

New integration enables customers to seamlessly link accounts and transfer funds between PayPal and M‑Pesa wallets through the M‑Pesa Super App Vodacom M‑Pesa Tanzania has announced a new partnership with PayPal that will enable customers in Tanzania to seamlessly transfer funds between their PayPal and M‑Pesa wallets through the M‑Pesa Super App; As part of

Temenos and Interswitch Partner to Scale Digital Banking Services Across Africa

Posted on by kara | 18925 Views | 9 min read
Temeno

Temenos, a global leader in banking technology, and Interswitch Group, a leading integrated payments and digital commerce company in Africa, today announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent. Interswitch will use Temenos solutions –

Payfast: Digital wallets are reshaping how South Africans pay

Posted on by kara | 9199 Views | 13 min read
Payfast

Payfast by Network and Network International‘s Managing Director of Merchant Services for Africa, Mpho Sadiki South Africa is reaching a tipping point in digital payments. Digital wallets are becoming a more common way for consumers to pay, both online and in-store. The conversation around payments in South Africa has shifted. The question is no longer

enza Awarded PSP Enhanced Licence in Ghana

Posted on by kara | 7576 Views | 7 min read

enza is delighted to announce that it has been awarded a Payment Service Provider Enhanced licence by the Central Bank of Ghana. The award of the PSP Enhanced licence marks an important milestone for enza, Ghana’s financial services sector, and the continued development of regulated digital payments infrastructure across Africa. The Bank of Ghana’s licensing

Ecobank Group Launches World First Nature Bond Mobilising Global Capital to Protect Africa’s Natural Ecosystems

Posted on by kara | 7778 Views | 16 min read
Ecob

Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital to protect Africa’s biodiversity. Moody’s awarded the transaction its highest possible sustainability quality score, SQS1 Excellent. The bond will support African farmers, sustainable agriculture businesses and water systems, protecting

Interswitch Unveils Digital Forecourt Suite with ‘Pay-As-You-Want’ Capability at NNPC Retail Transformation Summit.

Posted on by kara | 6046 Views | 10 min read
Inter

Interswitch has unveiled its tailored Digital Forecourt suite, an integrated digital retail ecosystem designed to seamlessly connect payments, operations, and customer experiences within modern fuel retail environments. The unveiling took place at the NNPC Retail Business Transformation Summit held this May at the Petroleum Technology Development Fund (PTDF), Abuja, where Interswitch participated as Headline Technology

Absa Group Announces New Pan-Africa Business Banking Chief Executive

Posted on by kara | 7393 Views | 7 min read
absa

Absa Group, today, announced the appointment of Leon Barnard as the new Chief Executive: Business Banking across all our Pan Africa businesses, underscoring the critical role of Business Banking in driving sustainable growth, deepening customer relationships, and enabling economic participation across the continent. Business Banking remains a core engine of growth for the Group, supporting