21 Feb Kenya is Experiencing High Growth eCommerce Adoption

Kenya alongside Nigeria and South Africa is fintech rich, and ready for eCommerce adoption relative to the rest of Sub-Saharan Africa.  Kenya is also the mobile wallet leader and the first to achieve widespread adoption of mobile money with its M-Pesa from Safaricom.   Physical delivery across Africa is a problem as a result of inadequate postoffice services, lack of street addresses and poor road and transport infrastructure.  In spite of thi...
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18 Feb Overview of Airtel Mobile Money for Online Payment Across Africa

Airtel Money is owned by Bharti Airtel Limited (Africa’s second largest mobile operator), and provides telecoms and mobile payment service in 14 countries in East, Central, and West Africa.   Countries include Nigeria, Kenya, Uganda, Rwanda, Tanzania, Zambia, Niger, Democratic Republic of the Congo and Seychelles. Using Airtel Money, 14m of their 100m African mobile consumers, can pay for goods and services using their mobile money account.  Airtel ...
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17 Feb Overview of MTN Mobile Money for Online Payment Across Africa

MTN is Africa’s most admired brand (Brand Africa 100) and largest mobile service provider with 250m Mobile subscribers, and 30m active Mobile Money subscribers in 15 countries.  Countries include Côte d'Ivoire, Ghana, Guinea Bissau, Guinea, Liberia, Rwanda, Swaziland, Uganda, Zambia and more recently South Africa and Nigeria where they have obtained a licence to provide bank-like financial services. MTN has between 30% and 50% market share in mo...
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14 Feb Five Things We Do for Our Multinational eCommerce Merchants to Make Online Payment Across Africa a Pleasant Experience!

I was just thinking through some of the online payments benefits our multinational merchants are enjoying with us and thought I’d do a high level for eCommerce merchants looking to expand across Africa. Africa can be a tough place to set up and get paid due to its fragmented nature in geography, jurisdictions, languages and culture, payment systems and government legislation.   1.  Let’s start with requiring a legal entity in country.&nb...
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13 Feb Five things MultiNational eCommerce Companies Need to Know Before Expanding To and Across Africa

We had a really nice call with a well experienced representative of one of the largest and fastest growing mobile commerce retailers in the world yesterday around their expansion across Africa.  The call was interesting and enjoyable and highlighted the value that we as African Payment Solutions can add for large eCommerce companies from a strategic and tactical perspective on their expansion across the continent. I thought we could share some of our insight...
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12 Feb Will Stablecoins be the Friendly Bridge Between Traditional Payments and full blown Adoption of Digital Payments Across Africa?

Daily trading volumes in stablecoins kind courtesy of Stablecoin Index    We have a feeling that stablecoins could be the bridge between our current traditional payment methods (cards, mobile monies and bank transfer) and the new world of digital currencies.  There were more than 200 stablecoins at the end of last year and its one of the fastest growing areas of fintech. I’m just going to describe the most applicable types of stablecoins re...
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