Dankworth says that despite Kenya’s continued innovation in financial services, thanks to mobile money platforms, a report from FSD Kenya suggests that between 2016 and 2019, traders received over 90% of their revenue in cash. “High transaction fees on many digital payment platforms, coupled with inadequate access to traditional banking infrastructure, have limited the greater adoption of digital payments, particularly in the more price-sensitive sectors of the market of the Kenyan and East African region.”
As a leading fintech enabler, Dankworth says Ukheshe is providing financial service players, telecommunications providers and other organisations in the region, with truly digital-first solutions thanks to the Eclipse API, making informal banking an accessible and lucrative growth market for Ukheshe partners. “As the East African region remains heavily under-served, collaborating with Tanda as an enablement partner ensures we can be at the forefront of providing the right
Affordable digital banking takes off in East Africa
it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
fintech in africa – AfricaBusiness com
africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.
Affordable digital banking to revolutionise price-sensitive East African payments market – AfricaBusiness com
africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.
mobile payments in Kenya – AfricaBusiness com
africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.