Africa’s Payment Ecosystem

Mastercard and Onafriq (previously MFS Africa), a pan-African payments company, have collaborated to bring secure, cost-effective, and innovative payment options to consumers, as well as small and medium enterprises (SME) across the continent. Africa’s mobile money sector is one of the most established and fastest growing fintech industries in the world. According to The State of the Industry Report on Mobile Money 2024 by the GSM Association, there are 835 million registered mobile money accounts […]

...