Blog
Blog
This blog is part of a series documenting our program’s journey to accelerate the development of inclusive payments systems for universal access to financial services in Africa. #IAmAfricaNenda
Urgent Need to Harmonize Payment Service Regulations and Achieve Instant Cross-border Payments in Africa
Africa stands at a decisive moment in its digital finance evolution. Innovation is accelerating, mobile money is ubiquitous, and instant payment systems are fast growing across the continent. Yet one force continues to constrain seamless cross-border payments in Africa: regulatory fragmentation.
Read moreMore information about this topicLatest blogs
Instant payment systems
Feeling the pulse: flagship report on Africa’s instant and inclusive payment systems expected soon.
Fast, accessible, and more inclusive digital payments are booming across Africa. Efficient digital payments are more convenient for both the payer and the payee. They also have the potential to strengthen capital markets through a larger store of value in transaction accounts. Governments are increasingly focusing on supporting the roll-out of digital payments as a tool for financial inclusion.
#IAmAfricaNenda
