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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.
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Financial inclusion
Recognizing Small and Medium-Sized Enterprise Digital Payments Gaps in Africa, Part I
Did you know that only 35% of payments received by surveyed Small and Medium-sized Enterprises (SMEs) in Sub-Saharan Africa are digital? While many of us mindlessly pull out a card or our mobile phones to make payments, we often take for granted that this convenience depends on businesses accepting them.
Instant payment systems
AfricaNenda’s Revolutionizing Payments’ series explores the PIX Brazil success story
‘Revolutionizing Payments: The PIX Brazil Success Story’ is an insightful 8-episode YouTube video series by AfricaNenda Foundation, a non-profit and an African-led team of experts committed to unlocking the potential of digital financial services for the financially excluded across the continent, by accelerating the scale-up of inclusive instant payment systems.
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