Africa’s regional payment systems are undergoing a period of significant progress. At the crest of this wave are the East and West African mobile payment systems markets. Although these are already booming, with some mobile payment schemes widely regarded as models of success, there remains a significant need for improvement in the twin areas of interoperability and security. Mergers and partnerships taking place between telcos and banks are generating fierce competition in the market. All this is creating major opportunities for multiple stakeholders, as well as the telecoms firms and banks themselves. On the one hand, international technology providers and major regional banks looking to enter African markets are seeking local partners which can give them unique insights. On the other, national providers are looking to meet with local, regional and international partners which can increase their market share in the continent.
FT Africa Payment Innovation: Enhancing interoperability, security and market take-up brings together key players from across the mobile payment industry to debate the challenges and the opportunities of providing greater financial access to bottom of the pyramid (BOTP) consumers. Join us to explore the role of payments innovation in meeting the continent’s development targets, the trends and policies affecting market uptake, the impact of new technologies, and the strategies to enhance growth, interoperability and security opportunities.