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Mobile money set to take SA by storm


Jul 30, 2021
Mobile money has seen massive uptake in Africa over the last decade, however, South Africa has lagged due to the country’s stringent banking legislation, which has been a significant barrier to entry.
By Jaco Saunders, commercial director at MACmobile
However, the potential for mobile money solutions cannot be ignored, and financial institutions are partnering with start-ups to deliver innovative offerings into the market. In addition, cryptocurrency is gaining steam, further driving the adoption of financial services outside the traditional realm. Mobile money has huge potential to change the lives of South African consumers, but the question remains, are traders ready to embrace this change? ....

South Africa , South African , Jaco Saunders , Financial Service Providers Fsps , Financial Service Providers , நிதி சேவை வழங்குநர்கள் ,