Home » Africa Finance Tech

Africa Finance Tech

What South Africans Think of Digital Payment Methods

Sourced from Innovation Village. As digitization makes its way into Africa across sectors and industries, digital payment methods are being offered as safe and convenient alternatives to traditional options. Borderless Access conducted a study across South Africa, Ghana, Kenya, and Nigeria to explore the uptake of digital payment methods, including e-wallets, money payment apps, and mobile money transfer. It is important to note that this study was conducted just before the lockdown was implemented in any of these countries, the results indicate a long term trend, rather than being skewed by the unusual spending behaviour of the past few weeks. Non-bank digital methods are still under-utilised in South Africa /* custom css */ .tdi_3_55a.td-a-rec-img{ text-align: left; }.tdi_3_55a.td-a-rec-...