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Eastern Africa

The Acceptance of UnionPay to Reach 90% in Tanzania within 2019

UnionPay International recently announced that the achievement in partnership in acquiring, issuing, and mobile payment with National Microfinance Bank (NMB), one of the largest commercial bank in Tanzania. It is Read More →

Africa’s First UnionPay Payroll Card and Student Card Issued in Kenya

UnionPay has been an international payment brand recognised by local consumers and institutions. UnionPay International recently announced that the partnership to issuing the first ever 300,000 payroll cards and student Read More →

Access, Diamond Bank Says Not Worried About Telco Led Financial Inclusion

Kenya’s Safaricom, the telecommunication company that is driving the country’s financial inclusion through mobile money is bigger than most of the country’s banks. Investigation by Businessday revealed that some Nigerian banks Read More →

Mastercard Meets with CBK Governor to Discuss Kenya’s Digital Payment Ecosystem

As part of his visit to Kenya, Tim Murphy, General Counsel at Mastercard met with Patrick Ngugi Njoroge, Governor of the Central Bank of Kenya to discuss their shared commitment Read More →

Mastercard, Centenary Bank and M-KOPA Solar Roll-Out Pay-As-You-Go Energy Solution in Uganda

Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power Read More →

UnionPay Belt and Road Commercial Card debuts at Canton Fair

UnionPay International announced today it has signed an agreement with Kenya Commercial Bank (KCB), the largest bank in Kenya, at Canton Fair, also known as The China Import and Export Read More →

Mastercard Partner With Vodacom to Take Tanzania Cashless

Mastercard has partnered with market leader Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card. “Vodacom’s M-Pesa is already an industry trailblazer with over Read More →

Uganda: The Sixth Largest Market for Digital Cash Transfers

Online money transfers have become so popular in African countries. You could transfer money to about anyone, no matter where they live in the world. Add to it the fact Read More →

Equity Group has Launched a Fintech Subsidiary, Finserve

Equity Group has launched its fintech subsidiary, Finserve, signaling a future defined by disruptive innovation beyond the Group’s current financial services. Finserve will operate as an autonomous commercial enterprise, delivering Read More →

Juniper Research: Mobile Transactions in Emerging Markets Drive Financial Inclusion

A new study from Juniper Research forecasts that the use of mobile devices to make retail and store payments will act as a driver for financial inclusion of the unbanked Read More →

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