Bank of Algeria Joins PAPSS Ahead of IATF 2025

Bank of Algeria

Bank of Algeria has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a major milestone in Africa’s journey toward seamless financial integration. PAPSS, an initiative launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, is designed to facilitate

Jumia Launches Buy Now, Pay Later in Algeria, Partnership with Diar Dzair

Jumia

Jumia, Africa’s leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair to roll out Buy Now, Pay Later (BNPL) services for customers across Algeria. This strategic collaboration is designed to make online shopping even more accessible, offering shoppers the flexibility to split their payments while encouraging greater use of digital financial services.

Colombia Real-Time Payment Platform Replicates Latin America Success in Africa

Established Colombian fintech firm Minka has announced that it plans to repeat the success of its Latin America-based real-time payments system across Africa, accelerating and easing the movement of money across the continent and improving financial inclusion. Minka is a seamless payment network that enables organisations to move money in real-time. It simplifies the movement

Mastercard and OPay Announce Strategic Partnership to Grow Cashless Ecosystem and Advance Digital Financial Inclusion for Millions

Partnership will enable OPay customers to pay on global online platforms backed by Mastercard’s secure Mastercard virtual payment solution linked to the OPay wallet OPay consumers will enjoy a superior digital experience for multiple lifestyle services and new digital commerce opportunities for, with or without a bank account In addition to digital commerce enablement, the

Economic Recovery Relies on Empowering Women Entrepreneurs, According to Mastercard Study

Fifth-annual Mastercard Index of Women Entrepreneurs (MIWE) findings demonstrate the resilience of women entrepreneurs across 65 economies despite disproportionate challenges during Covid-19 pandemic Six economies in MENA have recorded progress in their MIWE scores, although work remains on women’s representation in business ownership and leadership, as well as female financial inclusion Mastercard has revealed the fifth-annual

Huawei Partners with Mondia Pay to Enable Digital Payment Options for Users in Algeria and Tunisia

Ooredoo Algeria and Orange Tunisia subscribers can now pay for services and applications on HUAWEI AppGallery safely and conveniently via Direct Carrier Billing Services Huawei Mobile Services (HMS) inked a partnership with Mondia Pay (www.Mondia.com) – a leading digital payment provider, that is set to provide Ooredoo Algeria and Orange Tunisia users with safe and

Huawei Expands Partnership with Mondia Pay for Safe, Contactless Mobile Payment Services

Huawei Mobile Services has teamed up with Mondia Pay, a digital payments company, to roll out seamless and contactless payments solutions for mobile network operators. Since the commencement of the partnership in September 2020, demand for the implementation of Direct Carrier Billing service (DCB) for seamless, contactless payments for mobile users in the MEA region