Mobile payments are regulated. Money Services Businesses (MSBs) must be licensed in the state(s) where they do business and must comply with suspicious activity reporting and money laundering ...

In November 2024 and December 2024, the total value of mobile money transactions stood at GH¢316.4 billion and GH¢334.8 ...

Fees for wiring money often take up to 7 percent of the value of a transaction, and the World Bank estimates that cutting fees to 2 percent could give a $16 billion a year boost to remittances to ...

The latest data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay, ...

Airtel Africa has announced a profit after tax of $248 million approximately N190.4 billion, for the nine-month period ending ...