MFS Africa acquires digital payments provider Beyonic
Pan-African cross-border payment provider MFS Africa has acquired Beyonic, a digital payment management service provider for SMEs, fintechs and social impact entities across Africa
Commerce
Mobile payment app Mamo Pay joins Visa Fintech fast track programme
Mamo Pay, the peer-to-peer mobile payment app for the MENA region, has joined the Visa’s Fintech Fast Track programme
Ecobank Nigeria extends zero-charge fee for digital money transfers
Retail banking company Ecobank has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year
Visa, TerraPay partner to drive financial inclusion and cashless transactions
TerraPay, a payments infrastructure company, and Visa have partnered to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances
Facebook supports African SMBs, launches digital gift card initiative
Facebook has announced that it will offer all its economic impact programmes virtually as the platform aims to equip small businesses with digital marketing skills to help them stay open, connect with and acquire new customers to survive the challenges posed by Coronavirus
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