Payment Systems News

Kenya: Six banks get approval to launch mobile money platform


The platform will interconnect all banks, cut transaction costs for the banks.

Visa, Atlas Mara partner to promote cashless transactions in Africa


The partnership will offer a suite of digital and mobile solutions across Africa.

Nigeria: CBN bars banks from virtual currency transactions


The Central Bank issued stern warning to banks to refrain from virtual currency transactions.

Kenya: MasterCard launches mobile payment solution for farmers


The solution offers digital financial services to small scale farmers.

Ghana: BoG to migrate electronic payment systems


The migration is to reduce illicit financial transaction on electronic payment platforms

Wari and Mastercard agree to promote the use of electronic money in 35 markets


These solutions will strengthen the digital payment ecosystem offered by Wari

Algeria to launch mobile payments in 2018


The customer will use his mobile phone as a payment medium