Restrictions on movement and reduction in the handling of physical cash because of the COVID-19 pandemic caused mobile money transaction volumes in sub-Saharan to reach $490bn in 2020, Visa has said. This was a 23 per cent increase from 2019, according to a report titled ‘Innovation, partnership, and co-creation key […]
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Mobile money accounts grew to 1.2 billion in 2020 -GSMA
In 2020, the number of registered mobile money accounts grew by 12.7 per cent globally, to 1.21 billion, according to the latest report from the GSM Association. The GSMA noted that over 136 million accounts were added in the year, which exceeded last year’s forecasted growth rate by 6.4 percentage […]