MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.
Uganda has been making headlines in the digital commerce world recently thanks to news involving two of its leading operators, Airtel and MTN, and leading payment enablers Network International and Mastercard.
Mastercard announced on Tuesday it has launched Mastercard Pay Local, a new global service that enables digital wallet users in Asia-Pacific, Latin America, Eastern Europe, and the Middle East and Africa to pay locally when they travel.
At Mobile World Congress on Monday, payments company Visa and the GSMA Mobile for Development Foundation (a.k.a. the GSMA Foundation) launched the Digital Finance for All (DFA) Initiative to advance digital financial inclusion in developing markets.