Africa had ANOTHER record week on global P2P markets. In all, over 13M in USD equivalent was traded across 18 African currencies and this was the first week on record where African volume exceeded Latin American volume on these P2P exchanges.
Bitcoin buying in SSA
https://www.usefultulips.org/combined_Sub%20Saharan%20Africa_Page.html
With thanks to Matt Ahlborg on twitter and https://www.usefultulips.org/
Our services include:
Nigeria
Onlin...
Evolving payment types?
Stablecoins are a perfect development for SSA. SSA’s alternative currency is USD and to have a stablecoin that is a digital programmable representation of the dollar and can be traded and transmitted cross border makes perfect sense for easy adoption.
This is until the already high per capita holders of bitcoin, particularly South Africa, Nigeria, Ghana move from speculation to a medium of exc...
The most popular payment methods across SSA are card, mobile money and bank transfer. This is not homogeneous. It is specific to each country.
Here are the dominant payment methods in each country.
Nigeria is card and bank transfer and mobile monies (the leader being MTN Mobile Money) will accelerate because of government catalysations.
South Africa is card with a high percentage growth in debit cards and their re...
Card acquiring for online payment across Africa
Card acquiring
Mastercard and Visa . .
Authenticate 3D secure,
Authorise,
Then if successful our system writes a settlement file
It creates a batch with transactions for the calendar day
And sends the settlement batch through to the bank
Depending on the bank and country, we receive a deposit to our aggregator account at the bank between 2 and 5 business days after . . ...
