Cross-border payments are essential for facilitating trade, remittances, and financial inclusion in Africa, a continent with diverse and dynamic economies. However, moving money across borders in Africa is often costly, slow, and complex, posing significant challenges for consumers and businesses alike.
According to the World Bank, the average cost of sending africa crossborder paymentsafrica paymentscross-border payment in AfricaFintechsend money to africasend money to ghana. send money to kenyasend money to nigerasending moneysending money in Africa Click to find out more
Visa is partnering with Flocash to introduce Flostore to help small businesses across Africa accept digital payments. It will also allow the businesses to manage supplies and access financial services across Africa. The Flostore solution consists of an integration of the Visa digital wallet and Flocash's pan-African payment platform. Africaafrica paymentsFintechfintech africafintech solutions africaflocashFlocash flostoreFlostoreKenyaSMEsme paymentsVisaVisa Africa Click to find out more