23 Jan eCommerce Payment Across the African Continent - Languages and Cultural Differences

Africa is an interesting place to do business if you are a multinational looking for online payment solutions on the continent.  It is often regarded as if it were a country with homogeneous people, speaking the same language and the same cultural backgrounds.  Just like Europe with its different languages and cultures, the diversity of African countries like Kenya, Nigeria, South Africa is even more extreme. Even for African payment gateways looking to p...
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20 Jan East African eCommerce Payments: Credit and Debit Card Internet Acquiring - Kenya, Rwanda, Tanzania

eCommerce in Kenya is growing but can be very challenging.  The mainstream banks licensed to do eCommerce have up to 500 internet merchants each.  The big local merchants are the hotels in the territory and airlines in the region which includes Rwanda and Tanzania who are developing steadily as part of the East African monetary area. Kenyan banks are traditionally risk averse and International merchants looking to sell to Kenyans are often referred to Mau...
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16 Jan Nigeria eCommerce and Online Payment Solutions:  Credit card and Alternative Payments

  African Payment Solutions is integrated to Interswitch as one of many payment gateways and payment methods provided to multinational eCommerce companies across the African continent.  Interswitch is a provider of debit card switching in Nigeria and has recently acquired PayNet in Kenya. Interswitch provides issuing and acquiring of the Verve debit card and facilitates card brand switching in Nigeria.  A pan-African payment solution for multination...
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13 Jan eCommerce and Payment in Côte d’Ivoire: Mobile and Alternative Payment Methods

African credit card processing; Accepting online payments from Africa; African ecommerce payments; African ecommerce strategy; Emerging African ecommerce Côte d’Ivoire is a dark horse when it comes to the African eCommerce market.  They seem surprisingly innovative when it comes to adoption of fintech and mobile penetration (more than 90%) Leading African eCommerce company Jumia has become an authorised dealer of Intex smartphones in Côte d&...
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13 Dec South African eCommerce: Growth and Adoption of eCommerce and easy Online Payment in South Africa

South Africa online payment solutions; South Africa credit card payments; South Africa ecommerce; payments; South Africa online credit card payments; South Africa online transactions South Africa is a mature market when it comes to eCommerce and eCommerce payment methods and capability.  The adoption of eCommerce and ability to pay online has reached critical mass in South Africa and companies like Takealot, Groupon, Yuppiechef and discounted airlines like Kul...
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12 Dec Alternative and Mobile Payment Methods in Africa: Kenya, Nigeria, South Africa - a Different Story to Mainstream Alternative Payments

Online payments processed in 2014 grew by 50% and mobile payment is growing particularly fast in emerging markets, including China who has over 300m mobile payment consumers. Many governments are embracing mobile payments and mobile alternative payment methods which is catalysing widespread adoption in emerging markets like Africa.  We need to make a distinction between statistics associated with mobile payment at the till and the use of mobile payment methods...
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09 Dec AFRICAN PAYMENTS: KENYA eCOMMERCE AND ONLINE PAYMENT MARKET IS GROWING RAPIDLY

The African payment gateway market is hotting up and regional gateways are consolidating and looking for ways to get a bigger foothold in the market.  Recently Interswitch backed by Helios bought Paynet which is an East African POS and ATM switch. It is a challenge for payment providers to get international merchant funds out of Nigeria which is having a negative effect on Nigerian online payment solutions, Nigerian eCommerce payments and Nigerian online credi...
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05 Dec AFRICAN eCOMMERCE PAYMENT METHODS: WiCODE ONLINE PAYMENT METHOD IN SOUTH AFRICA

An interesting African payment method and platform is WiCode from WiGroup founded by Bevan Ducasse which is mainly a POS payment method but can also be used to accept online payments for eCommerce.   WiCode is a voucher issuing and acceptance system integrated to the tills of the large online retailers in South Africa.  Shoppers using this mobile payment method enter a WiCode at the till and it debits their wallet with the payment. Bevan’s concept ...
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02 Dec eCOMMERCE PAYMENT IN AFRICA: GHANA MOBILE MONEY ALTERNATIVE PAYMENT METHODS TO BE REGULATED

Ghana authorities have passed legislation to regulate mobile money in the country.  Companies like MTN with their MTN Mobile Money have six months to become licensed and comply with local legislation when it comes to mobile money.   CEO of MTN Ghana, Ebenezer Asante says that more cooperation between banks and telcos and interoperability when it comes to financial inclusion can be highly beneficial for the market as a whole.  Asante says that in Rwan...
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01 Dec ONLINE PAYMENT IN AFRICA: UGANDA AUTHORITY NOW ACCEPTING MTN MOBILE MONEY

Uganda epayments has been given a boost with the acceptance of MTN Mobile Money for the Kampala City Authority (KCCA) to make it easier for consumers to pay their local authority bills online.  MTN Uganda has more than 11 million subscribers who are in a position to use MTN Mobile Money as an online payment method in Uganda.   Ugandan consumers and SME’s can pay the Kampala Authority online from anywhere using MTN Mobile Money as their payment metho...
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