In what appears to be a first for the country, the Somalia Payment Switch (SPS) payments infrastructure under the Central Bank of Somalia has introduced an instant payment system that includes support for QR payments.
There have been further developments in the controversy in Pakistan reported yesterday relating to slow internet speeds. A new contribution from regulator the Pakistan Telecommunication Authority (PTA) has moved the blame away from VPNs.
Africa-focused e-commerce platform Jumia Technologies has announced plans to exit the South African and Tunisian markets at the end of this year to concentrate on markets with stronger growth potential.
There’s been a flurry of digital payments news this week from Saudi Arabia involving a wide variety of major names in the market, notably Ant International, Google Pay and Thunes.