The ups and downs of the payment service provision business, particularly in Africa, have been highlighted in two recent news stories: one involving expansion for SPAYZ.io and the other signalling the end of Pay U Kenya.
Remittance deals continue to hog the fintech headlines in Africa. MTN MoMo, Mastercard and Equity Bank Kenya are the latest companies to make announcements about plans to serve the vast African remittance market.
MEA digital commerce firm Network International announced that telecoms operator Airtel has appointed it as an issuing payments processor for its operations across the African continent.
The mobile payment group Safaricom M-Pesa, along with another, unnamed financial service provider, has signed a service level agreement (SLA) with the Ministry of Health of Ethiopia to transform healthcare payments through a secure, efficient and scala…