The card brand has opened a development lab and is expanding contactless payments and other initiatives as financial technology companies boost investment in a market where access to mobile commerce is exploding.
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While financial organisations in Africa have tapped emerging tech, uptake has been broad but not deep, with users mainly taking advantage of very basic payment services.
Funding for Fintech Start-ups in Africa Increased by 49% to US$160m in 2020 naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.