15 Mar Smartphone Penetration and Online Payment for eCommerce in Nigeria, Kenya and South Africa

Mobile phones across Africa are being used to buy eCommerce goods and services including travel, payments and for micro loans.  Smartphone penetration is increasing at a rapid rate in African countries like Nigeria (30%), Kenya (26%) and South Africa (40%). Safaricom smartphone subscribers can now purchase eCommerce and mCommerce goods and services and pay online using their mobile phone.  Kenya is the leading economy in East Africa and perfectly position...
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13 Mar Mobile Money in Africa Enables eCommerce Payments for Multinational eCommerce Company Payment Online

The African mobile money market is set to grow at almost 40% per annum over the next few years.  Opportunities for African eCommerce are on the rise as mobile money from mobile phone companies grows.   Mobile money in Africa is the main form of transacting at the till and online.  There is little differentiation when it comes to mobile payment between P2P and C2B payments .  As opposed to the European models, in Africa mobile money is simply the...
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10 Mar M-Pesa for Online Payment in Kenya - 21 Million Potential Customers

Vodafone’s Safaricom 21m mobile phone customers made 4.1 billion M-Pesa transactions last year and mobile penetration is over 80%.  African Payment Solutions is linked to M-Pesa for online payment by Kenyan consumers for eCommerce goods and services advertised by multinational eCommerce companies. South Africa is a mature eCommerce market and other African countries are well poised to experience higher growth off a lower base.    South Africa h...
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08 Mar eCommerce Payment and Online Payment via Mobile in Africa - Mobile Payment Methods

Exponential rise in mobile phone penetration in Kenya has been as significant contributor to eCommerce and online payment growth in the territory.   Mobile phone subscribers grew from under 200,000 in 2000 to more than 7m in 2006. Combine this with the growth in M-Pesa as a service linked to most of those phones as a result of Safaricom’s runaway success with their mobile payment method and you have a hotbed for eCommerce growth.  The opportuni...
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06 Mar Uganda eCommerce and Online Payment with MTN Mobile Money and Airtel money

A cooperative venture between MTN Uganda and Airtel called Mobile Wallet Services has recently been launched to facilitate movement of money using mobile phones. The service received the backing of the Bank of Uganda with a mission to improve financial inclusion.   eCommerce and eCommerce payment in Uganda is relatively underdeveloped and can make it tough for multinational eCommerce companies to enter the territory.   Almost half of the 40m populat...
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02 Mar eCommerce Payment: Acquiring and Alternative Payment Methods in East Africa

Central banks in East Africa are cooperating to make money transfer work more effectively and to establish a kind of European Community for the region.  They want to regulate rates to improve the flow of money between countries and stimulate economic activity.   ICT ministers, Heads of State and Finance ministers are cooperating to lower rates and improve cross border flow of funds.  Countries Rwanda, Kenya, Uganda and South Sudan are working togethe...
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01 Mar eCommerce Payment for Goods and Services in Kenya, Nigeria, South Africa

Online payment methods are growing across Africa as eCommerce and payment for goods and services online is increasing, backed by local governments and local and international eCommerce companies.   Making payment online for eCommerce goods and services in Kenya, Nigeria, South Africa and up and coming economies like Ghana, Rwanda and Mozambique has been made easier by payment platform African Payment Solutions.   Preferences for online payment vary consi...
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27 Feb Kenyan and Nigerian eCommerce and Payment is Growing Rapidly with Government Support

Kenya is consistently going digital with the latest being denial of boarding on Kenya Airways without an eVisa.  Incoming tourists can now apply online for an eVisa.  The Kenyan government is one of the most progressive in Africa when it comes to digitising the Kenyan economy. This bodes well for eCommerce, and the purchase and payment for government services online paves the way for multinational eCommerce companies expanding to this African country and ...
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22 Feb African eCommerce Payments - Interoperability of Mobile Payment for Alternative Payment Methods in East Africa

Moneygram is paving the way for interoperability and cross border payments in Africa.  By connecting with MNO’s like Vodacom, consumers can transfer funds into their M-Pesa accounts in Tanzania.   This ability to move money for example from Europe if a family member is working out of the country is a big benefit for African consumers.  This narrowing of the financial gap and connectivity between the African continent and the rest of the world i...
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21 Feb African Payment Methods: Kenya Online Payment Solutions and Kenya eCommerce payments

Uber has arrived in African countries and I had the pleasure of using it in Kenya recently.  Payment was easy because of it being linked to my South African credit card.  The service was excellent and it certainly made our recent trip to Nairobi an absolute pleasure as compared to previous occasions. The cost and efficiency of Uber made it a no-brainer for getting from one meeting to another.  Through a single integration to African Payment Solutions...
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