Cashless economy? Here we come!
Beyonic, the payments company that aggregates digital financial service providers in emerging markets just partnered up with Mobile Accord. The partnership will help it expand into 25 other African countries making it the largest mobile aggregator in Africa
Konga says it is using the latest acquisition to power its new proprietary payments infrastructure, KongaPay.
The latest mod on the app uses the “beacon” technology, hence, instead of a customer scanning a “SnapCode” to pay, they simply click “pay here” in the app to initiate the transaction.
South Africa’s Net1 UEPS Technologies, provider of payment solutions and transaction processing services, in a press release, announced the establishment of a new subsidiary called ZAZOO Limited in the UK, to oversee the global expansion of its mobile payment and value-added business services.
This follows my previous post on Mobile Money. The concept of trickledown economics is propagated by politicians who want to give tax breaks to the rich. Their idea is thus; money exclusively trickles down for the rich to the poor. So if you want to stimulate the economy, you do so at the top and the […]