TOOLBOX: PAYMENTS

Key Takeaways

* Developing economies have more payment options than developed economies
* The adoption rates of these payment methods are greater than traditional payment methods
* The methods are mobile but developed to a wide range of standards
* We have worked with many of them and know what we are doing

Overview

We are able to provide the integrated use of unique, highly local payment sources in a normalised standard ideal for a high volume / low value scenario. We make local payment sources work in online environments.

We are also able to render many of the local payment sources into USSD format seamlessly, this allows consumers with non-smartphones to also participate in merchant offers.

Disclaimer

The mobile payment sources move very fast and their ecosystems are extremely dynamic. New entrants come into being very fast and established products can be withdrawn without much notice. We advise merchants to all in cases adopt a blended strategy, to mean use a variety of payments sources in a market and not to depend on a single provider.

Countries

We are going to list mobile payments in our ecosystem in Afghanistan, Algeria, Argentina, Bahrain, Benin, Bolivia, Botswana, Brazil, Burkina Faso, Cameroon, Central African Republic, Chile, Congo Brazzaville, Côte D’Ivoire (Ivory Coast), Cyprus, Democratic Republic Of Congo, Egypt, Equatorial Guinea, Gabon, Ghana, Guatemala, Guinea Conakry, India, Iran, Jordan, Kenya, Kuwait, Lebanon, Liberia, Mali, Mexico, Morocco, Mozambique, Niger, Nigeria, Oman, Paraguay, Qatar, Reunion, Rwanda, Saudi Arabia, Senegal, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Turkey, Uganda, United Arab Emirates, Uruguay, Vietnam and Zambia..

There are more, but those are in more developed markets, experimental or not compatible with mobile transacting.