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It costs to get paid in Africa And the fight against fintech fragmentation

It costs to get paid in Africa And the fight against fintech fragmentation

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Africa has a big digital payment potential. It’s the fastest-growing digital economy in the world. Nearly 70% of all telecom mobile money transactions globally come from Africa. And other digital payment methods like cards, digital wallets, and tap-to-pay are catching up. According to McKinsey’s report: The Future of Payments in Africa, Africa’s digital payments market will grow 152% between 2020 and 2025.

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