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The whitepaper deep dives into the market landscape of the digital payments ecosystem in the African continent and focuses on the ongoing trends, challenges and opportunities in the region. It focuses on how new government policies, regulations & initiatives with consumer behaviour are driving the widespread adoption of digital payments in the continent making it a lucrative market for banking institutions & service providers. Lastly, the whitepaper offers a glimpse of the upcoming trends & future of cashless payments in the continent.
The whitepaper aims to highlight the market landscape of real time cross border payments in the African & Asian market. The paper decodes the role that digital wallets and app-based solutions play in catering to the unbanked and underbanked population by simply expanding their reach and ease of usage. It also emphasizes on how leading banking and finance institutions are leveraging these established payment networks to create a secured & seamless ecosystem for cross-border payments. Additionally, the paper highlights how varied market regulations across regions pose a crucial limitation for real time payments and provides a peek on the future of cross border payments across the globe.