Moment has been developed to address existing challenges and complexities of financial transactions in Africa. The platform combines various payment methods into a single unified solution, including mobile wallets, card payments, and bank transfers. By consolidating these payment options, Moment aims to simplify transactions for individuals and businesses, irrespective of their location or preferred payment method.
Africa, with its diverse economies and varying levels of financial infrastructure, has long faced hurdles in achieving seamless and efficient cross-border transactions. The integrated payment platform seeks to overcome these challenges to enable seamless cross-border transactions, eliminating the need for multiple intermediaries and reducing transaction costs.
MTN Rwanda is taking a groundbreaking step towards environmental responsibility with the launch of the nation’s first-ever paper-based, biodegradable SIM cards, dubbed “bioSIMs.”
CatalyzU, a tech-driven platform that supports African talent, has partnered with Future Africa, a pan-African venture capital firm, to launch the “How to Startup” Fellowship.
South Africa-based Payment24, a global provider of payment and loyalty solutions, has acquired Switzerland-headquartered Inergy 24 to accelerate its expansion into the European market.
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