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2025

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Digital Payment Is The Future in Africa

WhatsApp Goes After Banks, Adds Payment - Tekedia

"Digital payments pose the most significant opportunity to bringing fundamental transformation for African economies at large. Only 38% of Africa’s 1.2 Billion population will have a bank account by 2022, and cash still commands 90% of all transactions in Sub-Saharan Africa. However, due to the Covid-19 pandemic, there is a shift towards digital payments driven by businesses’ need to stabilize their revenues and increased preference by consumers to use contactless payment solutions." Cellulant newsletter.

All this grammar in simple terms is "we need to get everyone onboard digitally, but how" ?

It tough work to get people on board but if I may say can we route the same path Paypal used?

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I once read that they made huge loss because they paid people for using their service.

Here it may not be a public or private firm to win solely rather JV.

I might be foolish sha