Digital Payments In Africa Gain Steam The latest sign of promise comes via an $8 million investment in Nigeria-based Paystack, backed by some of the biggest names in payments. In a new PYMNTS interview, Paystack CEO Shola Akinlade talks about the challenges of improving payments in his home country, including those related to infrastructure and connectivity. The transaction volumes are there â but what will it take to move more of those payments online? And what competitive pressures do digital payment companies face? |
Farm To Table Service, Milk And Eggs, Tills For Online Grocery Niche Milk and Eggs CEO Kenneth Wu sees a niche in avoiding the store-focused online grocery delivery model and betting [on] the farm â in a way. A âflattenedâ model, sans traditional warehousing, gets produce to the customer hours after being plucked from the ground. The CEO tells PYMNTS that just in time, supply chains are filling a niche, which helps the firm stand out from an increasingly crowded delivery space. |
How mPOS Helped EUâs SMBs Jump The Shark On Cash For a long time across Europe, jumping to card and other digital payment methods just didnât make sense for small businesses, as Andrew Byrne, COO at myPOS, told Karen Webster. So, they stuck with cash â until this year, when cash is no longer king. Hereâs how Bryne says mPOS helped those SMBs jump the shark on cash. |
| Smarter Payments Tracker™ | NEW REPORT: Citi On The Need For X-Border Payments Speed Making payments move faster cross border is something of an old refrain. But Manish Kohli, Citiâs Treasury and Trade Solutions head, says speed is only as good as the interoperable, ubiquitous rails that exist to move money and data on a global scale. In the latest Smarter Payments Trackerâ¢, Kohli tells PYMNTS about the importance of standards and security in achieving that goal. | |