Abbas Ali, a vegetable vendor in an upscale neighborhood in New Delhi, started accepting digital payments in 2021. But every time a customer paid …
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Mobile money, money, money
Mobile money is everywhere, and along with its proliferation comes new opportunities — and new challenges, too. The rise of digital payments in Africa has brought lower-income and rural communities into the financial system, but mobile money is still money: Mexican police have been accused of taking mobile payment bribes. We're covering it all.
Photo: restofworld.org
the opportunities
Struck by hyperinflation and cash insecurity, Venezuela is leading Latin America in the use of digital payments, according to new data shared with …
At the G20 Summit in February, Indian prime minister Narendra Modi made a case for the global adoption of India’s state-backed digital payments …
the challenges
In November 2022, the police station at Malawi’s capital city Lilongwe registered at least two complaints involving fraudsters who had transferred …
and everything in between
The currency market is one of the busiest parts of the old bazaar in the Iraqi Kurdish city of Sulaymaniyah. Currency-counting machines whir as …
When Ben Ofosu Appiah heard that Ghana’s finance minister was slapping a new levy on mobile money transactions, his first thought was: Here we go …
On October 25, Nigeria became the first country in Africa to introduce a digital currency, with the launch of the eNaira. It has been touted as a …
At the beginning of September, the Addis Ababa Exhibition Center was gearing up for its annual New Year Bazaar, an extravagant event that usually …
