March 13

Mastercard Report: Pay-on-Demand Will Drive Financial Inclusion in Africa

The Pay-on-Demand solution model will continue to drive digital and financial inclusion across African countries, according to a recent research report released by MasterCard.

The research, which surveyed users in Nigeria, Kenya and Uganda highlighted how Pay-on-Demand model provides new revenue opportunities for micro, small and medium-sized enterprises (MSMEs).

It therefore called on all key players in the financial ecosystem space to come together to scale Pay-on-Demand solutions to enable them unlock opportunities for millions of people across Africa.

Photo courtesy of CTA ACP-EU.

Source: THISDAY Live (link opens in a new window)

financial inclusion, MSMEs