Tag: contactless payments
Nigeria sets transaction limit for contactless payments
The Central Bank of Nigeria (CBN) has set a transaction limit for contactless payments made through bank accounts and digital wallets.
In a circular, the...
Contactless mobile payments to surpass 1 billion users for first time...
A new study from Juniper Research has found that the total number of unique contactless mobile payment users will reach 1 billion globally by...
Virtual card transactions to surpass 121 billion globally by 2027
A new study from Juniper Research has found the number of virtual card transactions will exceed 121 billion globally by 2027, representing a 340% increase...
Digital commerce transaction value to reach $20 trillion globally by 2027
A new study from Juniper Research has found that the total value of digital commerce transactions globally will exceed $20 trillion by 2027, from $12.3 trillion...
Mastercard, Prophius partner to enable SMEs accept contactless payments in Africa
Nigerian fintech Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android...
Mastercard, ProvidusBank, two others launch contactless Tap-to-Pay service in Nigeria
In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with...
Mobile Payments to drive contactless transaction value to over $10 trillion...
A new study from Juniper Research has found that the value of contactless payment transactions will reach $10 trillion globally by 2027; from $4.6 trillion in...
Africa’s Flutterwave fund UK contactless payment startup, Dapio
African Fintech giant, Flutterwave and US-based seed accelerator, Techstars have pumped some $3.4 million into UK-based contactless payment platform Dapio.
Dapio helps businesses accept contactless...