DPO Pay, registered under One Payment Tanzania Limited, has received approval from the Bank of Tanzania to operate as a Payment Service Provider.

South Africa, Nigeria and Kenya were also seen as among the countries leading the transition to digital payments, with infrastructure and policy frameworks that enable this growth firmly in place.

Growing confidence levels in digital as a business imperative is tied to a deeper understanding and wider recognition among SMEs of the advantages that result from a growing digital economy. Women entrepreneurs highlighted the increased efficiency of transactions across multiple channels (60%) and the ease of not handling or processing cash (60%).

Speaking during the 2021 Visa Africa Innovation for Inclusion Summit, Aida Diarra, Senior Vice President & Group Country Manager for Sub-Saharan Africa at Visa, said over the last decade Visa has taken a keen focus in collaborating with key players across the payments landscape to enable access to digital payments. “We continue to partner with leading players in sub-Saharan Africa including banks, fintechs, embanks and telecommunications companies to enable new payment experiences that accelerate inclusion across the region,” said Diarra.

A team led by WorldRemit founder Ismail Ahmed has launched Sahamiye Foundation, a philanthropic organisation focused on using technology and innovation to tackle Somaliland’s most pressing development challenges. Over the next 10 years, Ismail Ahmed’s ambition is to be able to commit $500 million...

Mastercard virtual card allows Airtel Money customers to make payments to local and global online merchants that accept Mastercard cards.