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3793 results for "mobile payments"
A fintech connecting businesses across 20 African countries just processed its 3 billionth mobile money transaction, revealing how digital payments are transforming commerce across the continent. The milestone shows Africa's $1.4 trillion mobile money economy is rapidly evolving beyond person-to-person transfers into a full business payment ecosystem.
Africa has leapfrogged traditional banking to become a mobile money powerhouse, processing over 80 billion transactions annually. Now the continent is building the reliability needed to turn this access into unstoppable growth.
Taxpayers in Ethiopia's Amhara region can now pay their taxes using M-PESA mobile money, eliminating hours of paperwork and office visits. The partnership makes Amhara the first regional tax authority in Ethiopia to accept mobile payments.
Ghana's central bank just suspended a proposed fee on mobile money transfers after listening to concerns from millions of users. It's a win for everyday people who rely on digital payments for daily life.
In just eight years, Ghana transformed from a fragmented payment system to processing in one month what used to take an entire year. The secret? A simple innovation that let anyone send money to anyone, regardless of their bank or mobile network.
Nigeria's fintech regulators are set to make instant digital payments cheaper and easier for merchants in 2026. The move comes as consumers increasingly prefer account-to-account transfers over traditional card payments.
Over 5,000 African businesses can now manage expenses, approvals, and payments from their phones, ending the frustration of juggling multiple apps. The Y Combinator-backed platform just launched mobile features designed specifically for teams working in the field.
Zambians can now pay for rides and food delivery without cash after Yango partnered with Flutterwave to bring seamless digital payments to everyday services. The move supports a country where mobile money transactions hit $5.3 billion in March alone.
Cairo is bringing its public bus system into the digital age with prepaid cards and mobile payments across 1,800 buses. The new fare system calculates exact costs based on stops traveled and even refunds the difference if you get off early.
Ghana's mobile money industry is using artificial intelligence to catch fraudsters before they strike. The new system spots suspicious behavior patterns, protecting millions who rely on digital payments every day.
Millions of Tanzanians can now pay for groceries, transport, and goods by simply tapping their phones—no card, no PIN, no waiting. Vodacom's M-Pesa just made mobile wallets work like contactless bank cards, and it could change how an entire continent shops.
While 600 million Africans still lack electricity, innovative solar mini-grids and mobile payment systems are bringing clean power to remote villages faster than traditional infrastructure ever could. Technology is helping the continent skip fossil fuels and jump straight to renewable energy.
Kenya's mobile money system serves over 47 million people and processes transactions worth 61% of the country's GDP annually. Now innovators are solving the hidden business challenge behind this massive success story.
Sending money across Africa just got faster and cheaper. Kenya's Pesalink network partnered with a Pan-African payment system to enable instant cross-border transfers in local currencies.
A Nigerian law student who lost his tuition fees to a cross-border payment nightmare turned that frustration into Startbutton Africa, a fintech now helping businesses expand across 15 African markets. From listing his own house on Airbnb to fund merchant payments to building a real solution, Mallick Bolakale's journey shows how personal setbacks can spark continent-wide change.
Onafriq is using stablecoins to send money across 40 African countries in minutes instead of days, cutting costs and delays that have plagued traditional banking for decades. The shift could transform how millions access faster, cheaper payments across the continent.
A South African fintech is making it easier for businesses to get paid across Africa, raising $2.1 million to expand its solution that turned six payment systems into one. Companies using the platform are seeing checkout conversions jump by 25%.
Nigeria doubled its digital payments to 11 billion transactions in just two years, building one of the world's most advanced payment systems. Now the Central Bank is tackling the next challenge: bringing 26% of adults still outside the financial system into the digital economy.
The UK government just announced the toughest crackdown on late payments in 25 years, protecting small businesses from practices that force over 1,000 closures every month. New laws will cap payment times at 60 days and fine repeat offenders tens of millions of pounds.
Kenya proved mobile money works with M-PESA, but now faces a bigger challenge: connecting banks, fintechs, and wallets into one seamless system. Companies like Kenswitch are building the invisible infrastructure that could make Kenya's $62 billion digital economy truly work for everyone.
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