27 Jun Mobile Money Trumps Bank Payment for eCommerce Online Payment in Africa

More than 80% of Africans have access to mobile phones and less than 25% have a bank account.  Go figure what this means for multinational merchants who want to sell goods and services to African consumers.  Africans have leapfrogged traditional and mobile banking services as a result of telco mobile banking and payment facilitation.  Pretty much every mobile consumer in Africa can use it as a “banking” mechanism whether it is M-Pesa or Ai...

24 Jun Africa May Have Challenges with Governance, Electricity and Water – But Africa is Leading When it Comes to Mobile Connectivity and Mobile Online Payment

There are challenges in Africa with lack of infrastructure, governance, bandwidth, electricity and water, BUT when it comes to mobile connectivity it is up there with the rest of the world and oftentimes ahead of them.  Africa has more mobile subscriptions than the USA or the EU and most likely more mobile payment connected consumers than the rest of the world, with a simple and increasingly interoperable mobile payment capability.More African consumers have ac...

22 Jun Widespread Adoption and Penetration of Mobile Payment Good for eCommerce in Africa

eCommerce and online payments are accelerating at a pace as a result of more and more Kenyan businesses going online.  Mobile payment as a result of their widespread adoption and penetration by consumers is the payment channel of choice.Multinational eCommerce merchants can now enjoy the cost benefit of a single integration for many local pan-African payment methods through African Payment Solutions.  African Payment Solutions is a world class PCI Level 1 ...

16 Jun Telecom Cooperation is Accelerating pan-African eCommerce and Payment

Payment networks across Africa are being accelerated by cooperation between telecoms companies.  Telecoms companies are the new banks in Africa with their mobile payment methods like M-Pesa and Airtel.Africa is fast becoming a world leader in mobile payments with low tech, pan-African payment solutions which can now be accepted for payment by multinational and global eCommerce companies with an integration to African Payment Solutions payment gateway.Vodacom an...

08 Jun Bridging the Divide Between African Consumers and Global eCommerce Companies – African Payment Solutions Now Online

It is the time for fintech in Africa with M-Pesa mobile money transfers and payment leading the way.  Financial services is growing rapidly as a value proposition and connecting individuals and businesses, fuelling the African consumer boom.Utility bill payment online is preparing the way for eCommerce and mCommerce transacting.  African Payment Solutions, is enabling multinational businesses to accept M-Pesa online for sales of goods and services to Kenya...

07 Jun Simple Online African Payment Solutions for Global eCommerce Companies

Some interesting questions are asked in the build up to Digital Payments Africa this year.  The dynamics that are present in the African payments market are leapfrogging the global trends as a result of simple implementations that work.  They may not have the bells and whistles of the developed markets like Europe, but Africans have worked out how to design, implement and get ubiquitous adoption for low tech solutions.  These African mobile money meth...

06 Jun Get Paid Online by Kenyan Consumers Using Safaricom’s M-Pesa

M-Pesa online lowers the cost for consumers wanting to transact on the internet.  Now, M-Pesa users can access international goods and services via the internet or a smartphone and pay using M-Pesa.  M-Pesa facilitates immediate transfer of funds from the consumer’s M-Pesa account to the merchant business account.  African Payment Solutions payment gateway has made it easy for international and multinational merchants to get paid online by Kenya...

03 Jun Lives of Women in Kenya Improved with M-Pesa a Payment Method That Can Now Be Used Online for eCommerce Purchases

M-Pesa has made a big difference to the lives of the women in Kenya.  It has brought the easy purchase of goods and services to the underbanked and in remote regions.M-Pesa has bridged gaps in terms of age, developed and underdeveloped, banked and unbanked, and regional isolation.Women of all ages in all regions of Kenya, banked or unbanked, are transacting using M-Pesa and through African Payment Solutions can buy online.With M-Pesa, Kenyan consumers can save ...

01 Jun Five Facts About M-Pesa Online for Global eCommerce Merchants Selling to Kenyan Consumers

Five facts merchants need to know about before accepting M-Pesa online on your website: Maximum value of an M-Pesa online transaction is KSh 70,000 (Approx $680) The maximum allowed daily total transaction value is KSh 140,000 (Approx $1,350) A simple integration to African Payment Solutions will give you M-Pesa as a payment method on your website You can accept M-Pesa payments online without an integration using African Payment Solutions eBilling service &nda...

31 May Test the Water with African eCommerce – Kenya M-Pesa Online Payment and Nigerian Online Debit Card

The latest in transformation of the digital economy is “Networked businesses” who inter-transact.  Digital transformation is taking place within the digital industry.  New business opportunities arise from next-generation ideas and new frontiers with expanded revenues and profits.  For example take Uber’s revolutionising of the taxi industry, its expansion into other transport services, and its global expansion to new emerging market...