Visa and GSMA Foundation launch financial inclusion project

Mastercard and pan-African digital payments company Onafriq announced on Monday that they are collaborating to increase accessibility to mobile payment services for consumers and small and medium enterprises (SMEs) across Africa.

Orange Money Group has expanded its mobile money offering by introducing small loans, following a new partnership with financial services platform Jumo.

Mobile banking remains the most popular form of banking in Cambodia as mobile-based transactions reportedly continue to grow, while internet transactions are now declining.