Interoperability critical to the future of payment solutions in Africa
- Favorable demographics and economic growth are defining the future of payments in Africa.
- Payment startups have made significant strides in addressing challenges in the payment ecosystem.
- Interconnection and interoperability among payment systems in Africa are still low.
While the advancements in Africa's payment systems are commendable, the persistent challenges highlight the need for a more integrated approach to policy-making and infrastructure development. Addressing these issues could unlock significant potential for economic growth and innovation in the fintech sector.
