Vodacom Tanzania has rolled out a major expansion of its mobile money capabilities with the debut of M-Pesa Global Payments, a cross-border payment service built to speed up, streamline, and…
Browsing: Cross-border payments
Zimbabwe has announced a 15% tax on payments made to foreign digital-service platforms, denoting a tighter approach to taxing cross border digital consumption. Finance Minister Mthuli Ncube introduced the measure…
Global fintech firm Wise has secured conditional approval from the South African Reserve Bank (SARB). The licence allows Wise to operate as a Category 2 Authorised Dealer in Foreign Exchange…
Mukuru, one of Africa’s leading fintech platforms, has announced a strategic partnership with MoneyGram, the global payments network. This collaboration connects Mukuru to MoneyGram’s worldwide reach, combining two technology-driven platforms…
With around 5,2% of the total GDP of Africa In 2023, flowing from remittance inflows of an estimated total of $90.2 billion according to RemitScope Africa, cross border payments are…
With a population spanning almost 400 million people across 16 countries, the Southern African Development Community has the widest-reaching regional bloc in Africa, holding massive appeal for trade exchanges to…
