payments
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News
Changing Global Trade Patterns Will Enhance Cross-Border B2B Payments in Africa
Changing global trade patterns and the emergence of new payment solutions will drive significant growth in cross-border B2B payments in…
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News
Visa Hosts Sir Tony Blair at its Sub-Saharan Africa Innovation Studio in Nairobi
Digital payments leader Visa on Thursday hosted the former Prime Minister of the United Kingdom, Sir Tony Blair, at its…
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News
KaiOS smart-feature phones to intergrate Mastercard’s payment technology
KaiOS Technologies, a leading operating system that brings internet to affordable devices has announced a collaboration with Mastercard to integrate a…
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News
Mastercard taps Amazon Payment Services to facilitate digital payment acceptance across Africa
Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and…
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BUSINESS
Absa and Visa unveil Kenya’s first metallic infinite card
Absa Bank Kenya has partnered with Visa to launch an exclusive Infinite card, making it the first bank in Kenya…
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News
Safaricom receives payment facilitator certificate from Visa
Digital payments company Visa has awarded Safaricom a Payment Facilitator Certificate, marking a major milestone in its ongoing partnership with…
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Blockchain
Mansa, Bitmama partner to enhance cross-border payments through virtual crypto cards
Decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, MANSA, has partnered with blockchain payment platform Bitmama to…
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News
[TechTrends Podcast] Unpacking gaps in payment systems in Africa ft TBD’s Angie Jones
In this episode, we unpack the existing gaps in payments in Africa with Angie Jones, the Global Vice President of…
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Apps
LOOP App Wants to be Your One Stop Shop Lifestyle App
LOOP App: Over the last couple of years, Africa has become one of the fastest-growing app markets in the world.…
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Blockchain
Block’s TBD Hackathon to address gaps in payment systems in Africa
TBD, a part of Block, has announced the launch of the TBD Hackathon, held in collaboration with the Africa Bitcoin…
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News
Visa cardholders to get a chance to win Carrefour Shopping Discounts
Visa has partnered with Carrefour to offer Visa Cardholders who shop on the weekends a chance to win exclusive discounts…
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News
In a booming subscription economy, consumers are looking to their banks for help in managing their recurring payments
In today’s digital age, where convenience is paramount and subscription services are on the rise – expected to reach $406…
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BUSINESS
Kevin Ng’ang’a: Fast and Affordable Cross-Border Payments for African Businesses
As an African business aiming to leverage Japan’s,China’s and Turkey’s extensive supplier network, manufacturing power and variety of goods, efficient…
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News
Fintech firm Pyypl joins forces with Visa to drive financial inclusion in Africa
Pyypl, the Middle East and Africa (MEA) fintech has announced a partnership with to issue virtual and physical Visa cards through…
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News
Visa Cardholders: How to win a fully paid trip to experience the Paris Olympics 2024
The Olympic & Paralympic Games Paris 2024 are set to happen in Paris and if you’re a sports enthusiast, this…
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News
dLocal secures remittance services partnership with KCB Bank
dLocal KCB Partnership: More than a year after securing payment service provider licences from the Central Bank of Kenya (CBK)…
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BUSINESS
NCBA Visa Cardholders: Here’s how to win a fully paid trip to experience the Paris Olympics
NCBA Visa Cardholders: The Olympic & Paralympic Games Paris 2024 are set to happen in Paris and if you’re a…
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BUSINESS
Investment bank predicts Africa’s remittance market will reach $500bn by 2025
Remittances comprise a significant portion of African Gross Domestic Product (GDP), with the total value of remittances across the continent…
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BUSINESS
Airtel Africa taps Network International for payments processing
Airtel Africa has appointed Network International (Network) a leading enabler of digital commerce across the Middle East and Africa (MEA),…
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BUSINESS
Visa unveils suite of new products for the digital age
Digital payments company Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the…
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BUSINESS
How Africa’s largest payments network is integrating social mission with its business aspirations
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the…
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News
Visa launches 2.5m grant competition for women business owners in Kenya
Digital payments firm Visa has launched its She’s Next global advocacy program in Kenya. She’s Next is part of Visa’s efforts…
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BUSINESS
Growth opportunities for African fintech abound, especially in South Africa
The fintech landscape in Africa is experiencing a surge in growth opportunities, with South Africa emerging as a key player…
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Startups
Payless Africa launches in Kenya, targets the youth with new payment platform
Payless Africa, the fintech firm building digital financial solutions has launched in Kenya. With its mobile app and digital platforms,…
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Startups
Cellulant announces new executives appointments
African payments firm Cellulant has announced the appointment of several leading executives to its management team. The company said in…
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News
Rethinking Card Issuing in an Age of Fintech Disruption
Traditional banks face challenges in modernising card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences…
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BUSINESS
Network International partners with Souhoola to boost BNPL in Egypt
Network International has partnered with leading fintech provider Souhoola to boost Buy-Now-Pay-Later’ (BNPL) payments in Egypt. The partnership, announced on Thursday will…
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BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
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BUSINESS
London-based fintech Unlimit secures PSP licence to expand into Tanzania
Global fintech company Unlimit is launching its payments services in Tanzania, further expanding its presence in Africa. The firm announced…
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BUSINESS
MasterCard teams up with SAVA to serve African SMMEs
Mastercard and Johannesburg-based fintech company SAVA have announced a partnership to support small, medium, and micro enterprises (SMMEs) with innovative…
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News
Payments firm MDP names Frank Molla as Managing Director for Africa Operations
Issuing and payment processing firm in the Middle East and Africa MDP, has appointed Frank Molla as Managing Director for…
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News
Fintech platform Alviere expands its reach to 500 million mobile wallets in Africa
Alviere, the embedded finance platform provider, has announced that Onafriq, Africa’s digital payments network, has chosen it to enable payments…
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News
Visa and Pesaflow partner to accelerate digital government ecosystems
Visa, a global leader in digital payments and Pesaflow, a pioneering fintech firm offering innovative digital payment solutions have partnered…
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News
Fintech firm Ukheshe acquires Africa focused payment and eCommerce solutions provider EFT Corporation
South African Fintech firm Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS),…
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News
Copia, Visa partner to deliver digital finance services Kenyan households
Copia Global, the Kenyan last-mile delivery and eCommerce platform has entered into a strategic partnership with Visa. The 5-year partnership,…
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News
Onafriq eyes global expansion after rebranding from MFS Africa
After rebranding last month, Africa’s digital payments network Onafriq, Formerly MFS Africa, has revealed plans to expand to new markets. …
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News
Visa and Oxfam America to scale B-READY project to Kenya
Visa recently teamed up with Oxfam America to scale the Building Resilient, Adaptive and Disaster-Ready Communities (B-READY) Project to provide preventative…
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News
Fuse launches $10M grant program for web3 payments innovators
Fuse Network has unveiled a $10 million grant program to support businesses by providing essential funding and infrastructure for streamlined…
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News
Payment24 Unveils Integrated Cloud-Based Payment Product
Global payments platform provider Payment24 has launched a new cloud-based payment solution to enables banks and retailers to accept any…
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News
Fintech firm Cellulant Granted Payment Licenses to Operate in Egypt
Cellulant has today announced that it has received approval from Egypt to operate as a Payment Service Provider and Payment…
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News
Little App Rolls out NFC Payment Feature for Taxi Drivers
Little App is rolling out Near Field Communication (NFC) payment feature for its drivers in Kenya. The feature is being…
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News
MFS Africa Rebrands to Onafriq
MFS Africa, Africa’s digital payments network has rebranded to Onafriq. According to Dare Okoudjou, founder and CEO the trademark MFS…
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News
NCBA and Visa target businesses with new spend management tool
NCBA Group and Visa have announced a partnership to roll out an online Spend and Expense management platform for Enterprise…
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News
[Kenya] Visa working with local banks to roll out Tap To Pay payment services
Tap To Pay is a concept that Kenyans have not really been accustomed to. As much as customers are gradually…
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News
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of…
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News
Flutterwave addresses Payment Challenges for African Students in Overseas Schools with new payments product
African payments to overseas schools have been hindered by a myriad of challenges. From the high cost of transactions, limited…
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News
Risana Zitha: B2B payments set to be the next focus for VC’s in Africa
Africa’s $1.5 trillion B2B payments market is ripe for innovation and represents a golden opportunity for investors and entrepreneurs looking to…
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News
Mastercard and PayU launch roll out Click to Pay payments in South Africa
Mastercard, in partnership with PayU, have announced the launch of Click to Pay in South Africa. Click to Pay is…
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Startups
LemFi launches its diaspora remittance services in Kenya
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched…
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BUSINESS
Boost for SMEs as Pesapal Introduces Real-Time Settlement of Payments in Kenya
Pesapal has introduced real-time settlement for merchants in Kenya, enabling fast transfer of funds into their accounts. Through Pesapal’s e-wallet…
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News
MultiChoice, Rapyd and General Catalyst to launch new integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst on Monday announced a joint venture aimed at developing an integrated payment platform for…
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News
Uruguayan fintech firm dLocal receives regulatory approval to operate in Kenya
Uruguayan fintech dLocal on Tuesday announced that the Central Bank of Kenya (CBK) had granted it a payment service license…
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News
Digital payments firm DPO Pay announces new leadership appointments
African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations. The firm…
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News
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
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News
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
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News
dLocal launches new payment platform to boost African e-commerce transactions
dLocal has announced the launch of a new all-in-one payment solution to manage global platform payments in one place. Known…
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News
Brazilian fintech EBANX picks Ex-Chipper Cash VP as its new director for Africa
EBANK, the Brazilian fintech company which recently expanded into Africa has announced the appointment of Wiza Jalakasi as its new…
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News
Fintech firm NALA receives PSP license from Bank of Tanzania
NALA, the fintech firm payments company born in Tanzania has been granted a Payment Service Provider (PSP) License to operate…
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News
DTB, Mastercard to offer payments cards to fintechs in Kenya
Diamond Trust Bank (DTB) is partnering with Mastercard to provide payments cards to tech companies including fintechs in Kenya. The…
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News
PesaPal to accept Airtel Money payments in Uganda
Nairobi-based fintech company PesaPal has partnered with Airtel Mobile Commerce Uganda Limited (AMCUL) and PesaPal Uganda to provide payment solutions…
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News
Nigerian Agri-FinTech Tingo partners with Visa for secure cashless transactions
Nigerian Agri-FinTech company Tingo has partnered with Visa to launch digital payment offerings in Africa. In a statement, the companies…
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Featured
Choosing the Right Payment Method for Your Online Betting Needs
Online betting is on the rise, and with it comes an ever-increasing variety of payment methods that customers can use…
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News
Sendy introduces payment on delivery option for e-commerce vendors
Fulfillment and logistics startup Sendy has unveiled a Payment on Delivery product for e-commerce and social commerce vendors in Africa,…
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News
Nigeria launches payments card program to take on Visa and Mastercard
The Central Bank of Nigeria (CBN) has launched a national domestic payments card program called AfriGo, meant to help the…
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News
Visa to accelerate Africa’s digital transformation with $1 billion investment
Global payments company Visa has pledged to invest $1 billion in Africa to accelerate digital transformation over the next five…
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Startups
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
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News
Copia Global and Cellulant have partnered to help diaspora customers pay for services
Copia Global has partnered with pan-African payment technology company Cellulant to make it easier for its customers in the diaspora…
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News
ANNALISA PLACHESI: Why NGOs should embrace the digitisation of payments and collections
Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have…
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News
Visa to pilot Pay with Your Face payment solution at FIFA World Cup in Qatar
Payments technology company Visa is piloting a Pay with Your Face payments solution at the FIFA World Cup Qatar 2022…
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News
Fintech firm MFS Africa granted payments licenses to operate in Uganda
Financial services provider MFS Africa has been granted licenses to operate in Uganda as a PSP (Payment Service Provider), PSO…
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News
Mastercard and Cellulant announce digital commerce payments partnership
Mastercard and Cellulant have partnered to allow Cellulant customers across Africa to shop and pay online with global merchants wherever…
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News
Flutterwave Appoints Former JP Morgan Chase Executive as Senior Advisor
Nigerian money transfer company Flutterwave has appointed Marshall Lux as a senior advisor. Marshall is a former Chief Risk Officer…
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BUSINESS
Visa doubles down on wallets with Thunes in emerging markets
Visa is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching…
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News
Mastercard to bring crypto trading capabilities to banks
Mastercard has introduced a new program to enable financial institutions to bring secure crypto trading capabilities and services to their…
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News
MFS Africa selects ThetaRay to monitor transactions and screen for sanctions
Digital payments network MFS Africa has selected ThetaRay to protect its growing network of services against financial crimes. ThetaRay, a…
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News
PayPal causes uproar after introducing new policy to curb Misinformation
For the better part of the weekend, PayPal caused online buzz after announcing that it would fine users $2,500 for…
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News
Flutterwave adds Google Pay as a payment option for African businesses
Nigerian fintech Flutterwave is adding Google Pay, a mobile payment service, developed by Google, as a payment method. As part…
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Startups
Brazilian fintech unicorn EBANX sets shop in Africa
Brazilian fintech unicorn EBANX is set to launch its operations in Africa as it seeks to expand its business outside…
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News
Kenyan Court Freezes Another Sh400.6 Million Belonging to Flutterwave
Nigerian fintech Flutterwave is once again in the Kenyan courts for the wrong reasons. Early Tuesday, the High Court of…
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Startups
Nigerian fintech Grey raises $2M to simplify cross-border payments across Africa
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million…
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BUSINESS
CBK grants digital payments provider DPO Group a PSP license to operate in Kenya
African digital payments provider DPO Group Kenya has received official approval from the Central Bank of Kenya to operate as…
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News
Google Wallet goes live in South Africa
South Africa has become the first African country to benefit from Google Wallet, a service that allows customers to pay…
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BUSINESS
DPO Group CEO Eran Feinstein announces his retirement
DPO Group (DPO) co-founder and CEO Eran Feinstein has announced his retirement from the company. His retirement comes just nine…
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News
Visa expands its digital payments with new office in DRC
Global payments company Visa has announced the establishment of local business operations in the Democratic Republic of Congo (DRC). DRC…
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Interviews
[Interview] Africa is central to our long-term growth strategy, says Visa CEO
AI Kelly is the Chairman and CEO of the global payments firm Visa. He joined Visa in October 2016 as Chief Executive Officer and…
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News
Visa announces grant to support women entrepreneurs in Africa
Global payments firm Visa has announced a grant in support of African women entrepreneurs. The African Women Impact Fund (AWIF)…
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News
Technology company Mara Group is seeking Kenyan blockchain developers
Pan-African technology company Mara group has announced plans to recruit Kenyan developers who will spearhead efforts to build a blockchain…
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News
Fintechs are set to transform cross-border payments in Africa, says Ukheshe Technologies
For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion…
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News
M-Pesa Pay Bill Numbers now accept Airtel and Telkom mobile money payments
Telkom and Airtel customers in Kenya will now be able to now make direct mobile money payments to an M-PESA…
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News
Flutterwave appoints ex-Goldman Sachs MD Gurbhej Dhillon as new CTO
Flutterwave has announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as its Chief Technology Officer (CTO). As…
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News
Absa Bank Kenya and Visa Launch a Money Remittance Service
Absa Bank and global payments company Visa have today launched a payment solution aimed at easing local and cross-border transactions.…
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News
Pesapal granted Payment System Operator license in Uganda
Pesapal has received a Payment System Operator license from the Bank of Uganda to operate in the country. According to…
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Startups
New App To Automatically Supervise Spending For Dependents Launched
Kenyan startup Empower Smart Limited has launched an automated Digital Escrow Supervised Payments app for Dependents. Dubbed “Super Pay” the…
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News
46% of SMEs in EEMEA earning more money than before the pandemic, Mastercard report
Data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (46%) small and medium-sized businesses (SMEs) in Eastern…
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News
MFS Africa acquires US-based fintech Global Technology Partners
Digital payments network MFS Africa has announced it has reached an agreement to buy US-based tech company Global Technology Partners…
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News
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup…
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News
Safaricom and Visa roll out virtual card for global payments via M-Pesa
Kenya’s leading telco Safaricom and payments leader Visa on Thursday launched a virtual payment card to enable users to make…
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Startups
Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad
Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…
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BUSINESS
Safaricom to hide customer identity on Lipa Na M-Pesa
Safaricom is adopting a new model for its Lipa Na M-Pesa platform aimed at curbing leakage of personal information. Effective…
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News
Safaricom to launch M-pesa in Ethiopia after new law changes
There is a wave of transformation sweeping across the telecommunications sector in Ethiopia. It started with reforms effected by Prime…
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News
Mastercard and PesaLink sign MoU to drive payments sector digital transformation in Kenya
Integrated Payment Services Limited (IPSL) which runs the PesaLink payments ecosystem has signed a Memorandum of Understanding (MoU) with Mastercard…
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