In an increasingly interconnected world, the way we exchange value – whether through cash, cards, or digital wallets – shapes not just economies but societies. It is worth emphasising that with innovation in science and technology, digital markets and e-commerce have witnessed a global shift toward digital payments over time, unlocking transformative possibilities for financial…
Business owners strive to offer their customers the best experience during sales. This is because the service experience determines if the customer will patronise them again or refer them to someone. In recent times, digital payment has become the most common mode of payment for goods and services. Digital payments are financial transactions done in…
In the digital economy world, where payment transactions happen at light speed across different regions, the threat of fraud looms larger than ever. As users constantly embrace online payments, as a result of the convenience and speed they offer, the digital payment industry has become a primary focus for internet fraudsters. The increase in cyber-attacks has…
COVID-19 has accelerated the adoption of digital payment platforms by millions of people across Africa. The need for contactless transaction methods transformed what was once a nice-to-have into a requirement. Indeed, while the pandemic has increased the adoption of digital payments across industries, demographics, and payment types on the continent, Africa has been at the…