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AfricaNenda Boosts Access To Affordable Payments In Africa
2023 saw promising advancements in the availability of inclusive instant payments in Africa through six new or expanding public Instant and Inclusive Payment System (IIPS) initiatives.
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SIIPS
How Africa Can Benefit From Making Digital Payment Access More Inclusive
From Dakar to Kigali, individuals and businesses across Africa are increasingly using digital channels to pay merchants and utility providers and send money to friends and relatives. As a result, digital payments have become the most-used financial service among African account owners, according to the Global Findex.
SIIPS
State of Inclusive Instant Payment Systems (SIIPS 2023) Report Reveals Continued Growth in Africa’s Instant Payment Systems – AfricaNenda
Payments Afrika, South Africa – AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems (SIIPS) in Africa report.
SIIPS
African central banks urged to strengthen cooperation
APA News, Ethiopia – Only five central banks and a handful of instant payment system (IPS) operators have responded positively to AfricaNenda’s request to produce an annual report on the state of inclusive instant payment systems (IIPS) in Africa.
SIIPS
Instant Payment Systems in Africa Topped $1 Trillion in 2022
PaymentsJournal, USA – Africa’s instant payment systems (IPSs) processed 32 billion transactions last year, totaling $1.2 trillion U.S. dollars. The volume of payments and the total value of payments processed has grown since 2018 by 47% and 39%, respectively.
SIIPS
