The Nigerian government (Nasdra) has agreed a deal with eGate and VISA, to enhance the country’s digital infrastructure and provide citizens with digital identity and unified payment cards.
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Through the deal TerraPay and Nequi are aiming to streamline payments to Colombians from over 200 countries and remove key pain points that often come with receiving remittances.
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Payments technology company, Flutterwave has launched Swap, a digital FX platform for Nigerians in partnership with Wema Bank and Kadavra BDC
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Hitachi Payment Services has partnered with National Payments Corporation of India (NPCI) to launch the country’s first UPI-ATM eliminating the need to use physical cards for cash withdrawals.
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Data analytics and credit decisioning company Qarar and fintech Biz2X are aiming to bridge the financing gap faced by SMEs in Saudi Arabia with a new cloud-based lending platform
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Ingiz, a family financial management start-up in Egypt, has partnered with Mastercard to launch a digital payments app designed to drive financial literacy and inclusion among young people.
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Safaricom’s M-PESA app is currently ready in five languages for android devices and available on play store; and will be available for IOS devices in the coming weeks.
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The partnership is seen is a further step in the digital transformation journey of Wema Bank, which has been operating Nigeria’s largest digital banking system, ALAT By Wema since 2019.
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The Reserve Bank of India plans to use the language abilities of artificial intelligence to introduce “Conversational Payments” in UPI, building on a system that has transformed the digital payment landscape in India
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SNAP payments can now be used to buy groceries online via Instacart in every U.S. state and Washington D.C, the grocer has announced.
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Uber integrates M-Pesa for trip payments in Kenya
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India prepares to announce ‘National e-Commerce Policy’
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Access to identity among barriers to financial inclusion for rural women in Nigeria
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Vietnam’s GIMO raises US$17.1 million to expand on-demand pay
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TerraPay partners with Safaricom’s M-PESA on cross-border payments
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Cayesh wins start-up award at Seamless North Africa 2023
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Vietnam’s ZaloPay partners with Shopify
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Although the number of people without an account across seven countries in the region has fallen from 45% to 21% there is still a gap among these individuals to achieve more advanced forms of financial inclusion
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BNY Mellon plans to use MoCaFi’s technology to provide federal, state and local governments, with a digital disbursement payment service that reaches underserved individuals
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Former investment banker turned Venture Capitalist Dr. Bijna explains to Seamless Xtra why she believes a roadmap to increased financial inclusion already exists.
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