Visa CEO just unlocked Africa's $1 billion mobile wallet network - here's your next play
Key Points
- Mobile money in Africa processes more transactions than all ...
Mobile money in Africa processes more transactions than all European credit cards combined. Let that sink in while traditional banks are still figuring out how to make their apps work properly.
Visa just dropped its Pay platform in the Democratic Republic of Congo through a partnership with Onafriq, and this isn't your typical "rich company helps poor country" story. This is about tapping into a mobile wallet network that already connects over one billion users across 43 African markets. That's not a typo - one billion.
When Your Phone Becomes Your Bank
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