Tech-Driven Payments: Accelerating Financial Inclusion in Africa

Posted on by kara | 5697 Views | 31 min read
Tech

TechCentral and NTT DATA recently hosted an executive roundtable with senior financial services leaders to explore how emerging technologies reshape Africa’s payments landscape and the opportunities and challenges in building a more inclusive, efficient financial ecosystem. This is what transpired. Africa’s financial sector stands at a critical juncture. With rising mobile penetration, the rapid adoption

PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa

Posted on by kara | 4119 Views | 10 min read
PayPal

PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by connecting banks, mobile wallets, and financial institutions to make cross-border transactions faster,

Flutterwave Launches Pay With Bank Transfer in Ghana for Secure Business Payments

Posted on by kara | 12883 Views | 5 min read
Flutterwave

Flutterwave, a Nigeria-based payments technology company, has expanded its presence in Ghana by integrating the Pay With Bank Transfer option in collaboration with Affinity Bank. Ghana recorded over 115 million bank transfer payments in 2023. While Mobile Money remains the dominant payment method for daily transactions, the increasing adoption of bank transfers highlights the growing

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 37996 Views | 39 min read

By: Pierre Aurel, Chief Product Officer, Stanchion Payments Solution.  Originally published here. The number of virtual cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient

EFTCorp Recognised for ‘Outstanding Contribution to Fintech Enablement’ at the 15th Africa Bank 4.0 Summit in Ghana

Posted on by kara | 10308 Views | 11 min read
EFTCorp

EFTCorp, a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit—West Africa, held in Accra, Ghana, from 26 to 27 February 2025. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions

iKhokha Elevate: Introducing a New Operating System Built for SMEs

Posted on by kara | 9261 Views | 20 min read
iKhokha

iKhokha, a fintech company dedicated to fostering growth for South African small businesses amid challenging macroeconomic conditions, hosted its first iKhokha Elevate event in Durban on Wednesday, March 12. The event, which saw hundreds of merchants attend in person and thousands more join online, focused on discussing the challenges and successes of small businesses. It

RealPay Drives Digitised Payments Across Africa with Expanded Partnerships

Posted on by kara | 20002 Views | 12 min read
RealPay

RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small

Network International Appointed as Payment Processing Partner by MTN Group Fintech

Posted on by kara | 17100 Views | 7 min read
Network International

Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor and issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent. With a footprint

Eliminating Technology Debt in Digital Payments: Why SaaS is the Future

Posted on by kara | 9793 Views | 9 min read

As digital payments evolve, financial institutions face a major challenge: balancing innovation with maintaining existing IT assets. However, as Dr. John Wamai, Director at Equity Bank, warns in his recent LinkedIn post: “The pressure and urge to ‘sweat’ and maximize IT assets often lead to outdated and inefficient systems, temporary fixes, and poor integration—ultimately misaligning

Mukuru Launches Mobile Wallet in Zimbabwe to Bolster Financial Inclusion

Posted on by kara | 6292 Views | 13 min read
Mukuru

Mukuru has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe. Building on Mukuru’s trusted capabilities, which support more than three-million Zimbabwean customers, the wallet has several benefits, including its standout