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Nigeria’s Real-Time Payment Transactions Surge 95 Percent in 2021

Nigeria is looking to real-time payments to help drive economic growth and financial inclusion as its volume of real-time transactions surged year-on-year by 94.7 percent to 3.7 billion in 2021.

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Airtel Africa Launches Smartcash Payment Service Bank

Services the bank will offer include accepting deposits from individuals and small businesses, carrying out payment and remittance services within Nigeria, issuing debit and prepaid cards and more. 

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Kamel Pay and Mastercard Launch New Card Propositions to Drive Financial Inclusion in the UAE

The partnership will see the launch of two unique card products designed to meet the growing needs of businesses and underbanked individuals, supported by a feature-rich digital app powered by Mastercard’s secure, contactless payment technology.

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Digitizing Payments Can Add $6.2 Billion to Bangladesh’s Annual GDP

The Government of Bangladesh, in partnership with the UN-based Better Than Cash Alliance, just launched its 2022-2025 National Digital Payments Roadmap – a call to action for key public and private sector actors to speed up responsible payment digitization to leave no one behind.

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PPRO to Acquire Payment Technology Firm Alpha Fintech

The deal will expand PPRO’s offering, strengthen its presence and networks in Asia Pacific, and allow it to deliver products and services faster to its customers.

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Lipa Payments Supports Financial Inclusion in Africa With Digital Payments

The company aims to solve the problem of informal areas not having access to payments systems in the digital age.

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NPCI International, Gateway Payment Service, and Manam Infotech Join Hands to Deploy UPI Solution in Nepal

This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.

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Fintech Startup Flutterwave Raises $250 Million at Over $3 Billion Valuation

Founded in 2016 in Nigeria, the San Francisco-headquartered, specializes in individual and consumer transfers, one of several fintech firms aiming to facilitate and capitalize on Africa’s booming payments market.

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Experian Go™ Program Will Allow Millions of Credit Invisibles to Start Building Credit in Minutes

The free program will help almost 50 million "credit invisibles,"” or people with limited or no credit history, to start building credit.

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EasyCash: An Interoperable ePayment Suite Powered by Wallet Factory Launched in Egypt

EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance.