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card payments

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Africa

Africa’s cashless revolution is on, banking on virtual cards

    By Bonface Orucho, bird story agency International card companies are vying for Africa's fast-evolving electronic payments market as middle-class incomes rise and the quest for cashless transactions intensifies. UnionPay International, a subsidiary of China's Union Pay, is the latest entrant in the African card payments market, warming up to face-off with Visa and Mastercard. Notably, UnionPay International is partnering with the Standard Bank Group, the largest bank in […]

todayJanuary 23, 2024 7

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