PYMNTS

MARCH 20, 2018

In a press release announcing the partnership, Flywire said it will integrate Flutterwave’s Rave payment platform as the preferred option for students, patients and businesses in Nigeria who are making cross-border payments on the platform. Nigeria imports more than $30 billion of goods and services, noted Flywire.

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Payments Study Mobile Cards 129

PYMNTS

JULY 19, 2018

Despite being home to Africa’s biggest mobile phone market, Nigeria is seeing a decline in banked adults in the country. The government in Nigeria has prevented network operators from applying for mobile money licenses that will enable consumers to make cash transfers without having a bank account.

Mobile 103

Mobile Analytics Meeting Data 103

PYMNTS

SEPTEMBER 16, 2020

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. The app is currently available in India, Nigeria, Colombia and Mexico via Google Play. Standard Chartered and Amazon.ae

Payments 171

Payments Cards Google Mobile 171

PYMNTS

SEPTEMBER 25, 2019

That can be easier said than done, of course, but in a new PYMNTS discussion with Karen Webster, Laurin Nabuko Hainy, founder and CEO at FairMoney , gave a tour of the emerging payments landscape in Nigeria and offered lessons that can be applied to other developing markets. Nigerian banks don’t like to lend,” Hainy said. That’s not all.

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How To Lending Digital Banking Examples 130

PYMNTS

APRIL 22, 2020

The world remittance fall-off anticipated because of the coronavirus pandemic could have serious effects for numerous countries, according to a Financial Times report that cited the World Bank. The World Bank estimates that there were 272 million migrant workers working internationally, refugees included, in 2019.

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Resources Report Company Payments 172

PYMNTS

FEBRUARY 23, 2020

Binance , Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. Nigeria has latched on to the cryptocurrency trend, boasting 35 million unbanked adults who possess mobile phones, the vast majority being women. Fraud has become a concern with cryptocurrency around the world.

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PYMNTS

DECEMBER 8, 2020

More and more, retailers and businesses around the world are trying to figure out if potential customers are really who they say they are. A new comedy video from Trulioo features some fraudster favorites, such as the innocent girl from Nigeria. “Oh,

Video 175

Video Online Fraud Retail 175

CB Insights

AUGUST 25, 2021

Nigeria-based OPay helps underbanked and unbanked Nigerian users make financial transactions through a network of agents. The company has more than 300,000 agents and over 5M users in Nigeria. The company’s partner base includes the World Health Organization, Interswitch, Betway, and Google, among others.

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PYMNTS

MARCH 27, 2020

We are excited to partner with Visa , a leader in payments globally, as they are constantly building world-class solutions for consumers and businesses. Paga created a network that lets over 14 million Nigerian customers make payments, transfer money and buy things digitally, whether it’s through a mobile app or the company’s 24,840 agents.

Cards 217

Cards Regional Payments US 217

Perficient

NOVEMBER 27, 2020

At a time when international travel isn’t exactly an option, o ur presenters brought the world to us (and all from the socially-distanced safety of Microsoft Teams!). . Nino’s mother is from Belgrade, Serbia, and his father comes from Nigeria. Why Celebrating Diversity Matters. Louis, who shared two cultures with us!

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PYMNTS

FEBRUARY 20, 2017

While Nigeria has its fair share of financial issues, luxury rules supreme in the city of Lagos, a place where the rich and famous live, work and spend massive amounts of money on designer goods. As an article by Forbes detailed, when Nigeria’s wealthy want to spend, they often turn to the services of Polo Luxury.

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Chris Skinner

JULY 13, 2017

The issuance of debit and credit cards was limited and, thanks to building infrastructure just in the past decades, the economy has managed to leap-frog the Western world. Thanks to mobile … The post A three-stream financial world: which one to watch? a day, the measure of the official poverty line today.

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United States System Mobile Maine 316

PYMNTS

OCTOBER 16, 2020

In today’s top payments news around the world, India’s pay-later app Slice is introducing a no-fee Visa Card, while Stripe is purchasing payment processor Paystack. Stripe is buying Paystack, a firm that says it processes over half the online payments in Nigeria. Slice Integrates No-Fee Visa For Millennial Shoppers In India.

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Millennials Payments Cards Fintech 131

PYMNTS

JUNE 19, 2017

Cash is still king in the developed world when it comes to small dollar purchases- 89 percent of buys under $5 dollars are don in cash, and 58 percent of purchases under $20 involved greenbacks – but paying with plastic pretty rapidly edges cash out from there on up. That is why we started NetPlus,” Faroun explained to Webster.

Mobile 119

Mobile Marketing Payments New York 119

PYMNTS

JULY 16, 2020

Mobile money transfers are currently available to UNFCU members in Bangladesh , Ethiopia , Fiji , Ghana , Guatemala , Kenya , Malawi , Mexico , Nepal , Nigeria , Sri Lanka , Vietnam , Uganda , and Zambia, according to the release. “We will continue to work with Thunes to expand the network to more countries worldwide.”

Mobile 167

Mobile National Operations Regulation 167

PYMNTS

APRIL 25, 2019

Welcome to The Axis, your late look at payments news from around the world. The PAUL UK bakery chain has teamed up with Yoyo for a mobile payments app in Europe , Repay Holdings, LLC , along with parent company Hawk Parent Holdings, is expanding into Canada and WorldRemit is working with Paga for remittances to users in Nigeria.

Mobile 115

Mobile Payments Customer Experience Report 115

PYMNTS

FEBRUARY 28, 2020

The virus is spreading around the world, with Nigeria confirming its first case. The outbreak can go in any direction based on how we handle it,” World Health Organization Director-General Tedros Adhanom Ghebreyesus said.

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Training Regional Policies Groups 141

PYMNTS

SEPTEMBER 9, 2020

“We are proud to have supported Luno as an early investor, and we recognize a shared commitment to building mission-driven companies that can help transform traditional financial services and improve economic freedom for people all over the world,” DCG Founder and CEO Barry Silbert said in the announcement.

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Groups Bitcoin blockchain cryptocurrency 151

PYMNTS

SEPTEMBER 2, 2016

Zuckerberg made the comments in Nigeria ahead of a trip to Kenya, which is leading the world in terms of mobile money. While in Nigeria, Zuckerberg also praised African entrepreneurs, saying he was struck by the entrepreneurial energy they possess. “I Kenya has 5.3

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social media Mobile Regional System 113

PYMNTS

JANUARY 22, 2020

The partnership with Airtel Africa will allow over 15 million Airtel Money mobile wallet users in Nigeria, Uganda, Gabon, Tanzania, Zambia, DRC, Malawi, Madagascar, Kenya, Congo, Niger, Tchad, Rwanda and Seychelles to route any money transfer received from across the world into their mobile eWallets.

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Payments Mobile Marketing Meeting 131

PYMNTS

APRIL 28, 2020

Nigeria-based Jumia will pickup Kenya-based Twiga’s fresh produce and make contactless delivery in the region. According to the World Health Organization ( WHO ), as of Tuesday (April 28), there were 21,388 coronavirus cases in Africa and 877 confirmed deaths. Kenya ranks 13th in coronavirus cases on the continent.

Regional 141

Regional Retail Company Report 141

PYMNTS

SEPTEMBER 17, 2018

million active users in six African countries including Uganda, South Africa, Nigeria, Tanzania, Kenya and Ghana. Demand in Africa for ride-hailing services is a lot bigger than in the developed world and Europe because of the lack of public transport and low car ownership,” Villig told the WSJ. Uber meanwhile has 1.3

Operations 189

Operations Report Company Industry 189

PYMNTS

APRIL 10, 2019

What’s more, financial institutions (FIs) and payment providers around the world are trying their hand at providing all the capabilities of an established bank on the smartphone. As consumers flock to banking apps, succeeding in the world of digital banking is not as easy as it used to be when mobile apps emerged a decade ago.

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

DECEMBER 18, 2019

TerraPay announced the partnership with the Nigeria-based company in a press release on Wednesday (Dec. Africa is, notably, among the world’s largest recipients of cross-border remittances.

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Groups Mobile Regional America 130

PYMNTS

SEPTEMBER 3, 2018

The summer, now drawing to a close, brought significant payments and commerce activity outside the Western world. In Nigeria, Microsoft and First Bank are linking up to bring financial services to consumers there. Digital payments, FinTech and eCommerce are expanding slowly, but surely, in Africa.

Payments 132

Payments Conference Google Tools 132

PYMNTS

JANUARY 15, 2018

The latest PYMNTS.com X-Border Receivables Report , powered by Flywire , looks at new developments in the global commerce world that are working to help trading partners improve their relationships by exchanging funds more quickly. Around the X-Border World.

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PYMNTS

MARCH 23, 2020

Nigeria-based eCommerce and payments startup Jumia is supporting the fight against COVID-19 in Africa by using its platform to offer information, delivery and supplies. “We World Health Organization (WHO) Regional Director Matshidiso Moeti, M.D. He added that if the spread of coronavirus escalates, Jumia will offer more support. “If

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Samsung Conference Regional Community 130

PYMNTS

JUNE 12, 2018

while 29 were in Nigeria and three were in Canada, Mauritius, and Poland. We will continue to work together with our law enforcement partners around the world to end these fraud schemes and protect the hard-earned assets of our citizens. Postal Inspection Service. Of the 74 arrested, 42 were people in the U.S.,

Fraud 152

Fraud Resources Operations Security 152

PYMNTS

SEPTEMBER 9, 2016

Facebook Founder Mark Zuckerberg visited sub-Saharan Africa for the first time in August, shining a huge spotlight on the growing tech center within Nigeria. In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we take our first trip to Africa and check out the bursting tech ecosystem growing in Nigeria. Mobile Money Push.

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Software Training Mobile Community 100

PYMNTS

DECEMBER 4, 2018

Chief financial officers at some of the world’s biggest banks and mortgage companies are in the crosshairs of a hacker group that compiled a list of 35,000 CFOs that they can target with requests to transfer money. Agari found the list, which has 50,000 targets. More than half of the targets were in the U.S.

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PYMNTS

AUGUST 5, 2020

Diageo – the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka – has taken a 1.3 The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported. billion pound ($1.7

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South Carolina US America Regional 140

PYMNTS

DECEMBER 9, 2016

Zuckerberg made the comments in Nigeria ahead of a trip to Kenya, which is leading the world in terms of mobile money. While in Nigeria, Zuckerberg also praised African entrepreneurs, saying he was struck by the entrepreneurial energy they possess. “I

Fintech 100

Fintech Regional Mobile Community 100

PYMNTS

OCTOBER 18, 2018

Around The Digital Banking World. The integration follows a similar partnership in Nigeria. Westpac , one of Australia’s “Big Four” FIs, for one, is rolling out new omnichannel banking offerings.

Fraud 178

Fraud social media Data Trends 178

PYMNTS

MARCH 2, 2020

“We are able to deliver a package at one-sixth of the price of any other best-in-class eCommerce business in the world,” Steel said. “We Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon.

Maine 157

Maine New York Capital Resources 157

The Paypers

OCTOBER 12, 2020

IFC , a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business and enable increased international trade for Nigeria.

Groups 28

Groups 28

PYMNTS

OCTOBER 4, 2019

Such identity solutions were once exclusively the domain of wealthy, technologically advanced nations, but are spreading to countries like Nigeria and Sierra Leone, which have recently begun harnessing digital channels. Developments From Around The World Of Digital ID. The World Bank estimates that there are approximately 1.1

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Online Ohio Knowledge Base Regional 144

PYMNTS

JULY 25, 2019

And no matter where in the world they live and pay, shoppers value price assurance and a hassle-free experience. For one, enabling mobile payments may ensure that consumers around the world can encounter a company’s brand on their terms, since smartphone usage has grown rapidly in emerging as well as advanced economies.

Payments 189

Payments Innovation Examples FDIC 189