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How Coronavirus Is Impacting Digital Payments in Emerging Markets
Digital payments have been growing rapidly in emerging markets over the last ten years or so, since the establishment of MPESA in Kenya in 2007, writes Pavel Matveev, CEO of Wirex. MPESA relies on 120,000 retail agents who take in and dispense cash to users around the country, and in 2017, MPESA processed 1.7 billion payments […]
- Categories
- Coronavirus, Finance, Technology
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Do Cash Payments Have a Bright Future After COVID-19 in Emerging Markets?
Pandemic has undoubtedly accelerated uptake of alternative payment methods and helped normalise their usage
- Categories
- Coronavirus, Finance
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One of Africa’s Smallest Economies Is Plugging Social Welfare Gaps With Digital Cash Transfers
The biggest fear for African countries as the Covid-19 pandemic loomed was the potential shock to under-equipped healthcare systems.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Uber Africa launches Uber Cash with Flutterwave and explores EVs
Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based — Nigerian-founded — fintech firm Flutterwave.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Viewpoint: Financial Inclusion Will Be Vital in a Post-Pandemic World
The world will never be the same as Covid-19 has created a springboard for the fourth industrial revolution
- Categories
- Coronavirus, Education, Finance
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Viewpoint: Facebook Invests in Gojek to Drive Financial Inclusion & Businesses
Facebook has reportedly invested in Gojek, a ride-hailing & food delivery company in Indonesia, with an undisclosed sum.
- Categories
- Finance
- Tags
- digital payments
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Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back
Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.
- Categories
- Coronavirus, Finance
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Kenya’s Safaricom to link its M-Pesa platform with Visa’s network
Visa and Safaricom have agreed a deal which will connect the Kenyan telecom operator's M-Pesa financial services platform with Visa's global network of merchants and cards.
- Categories
- Finance
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