Small businesses in South Africa were at a low point on April 10. Cracking under the weight of a nationwide COVID-19 burden, turnover was down by 92% relative to the period before lockdowns went into effect on March 24. There are now signs that activity is beginning to pick up. As of May 21, trading […]
Kezia Agbenyega wonders what it will be like to live in a digital, cashless economy. Three days after Ghana recorded its first two cases of the coronavirus on March 12, her bank temporarily shut down their ATMs, directing customers to use “other e-channels” for transactions. An Accra resident who works from home for World Reader, […]
Many cashless society initiatives don’t really solve merchant problems. The solutions that will win in the end will be the ones that can combine payment services with value-added services to help the merchant make more money and the consumer pay in a more effective and rewarding way.