Payments News


The Importance of Interoperability – The Evolution of Payments

“In Sub-Saharan Africa both ATM and card infrastructure and penetration is still extremely low. According to the World Bank there are less than 6 ATMs per 100 000 adults across Sub-Saharan Africa, and cash is still the dominant form of payment across the continent. In order to address this gap, mobile money has emerged as a key system for both banking and payments across Africa.”