
Africa Fintech Spotlight
VPS and Mastercard Join Forces to Advance Digital Payments and Inclusion in Morocco
Vantage Payment Systems (VPS), a Moroccan payment institution licensed by Bank Al-Maghrib, and Mastercard have announced a strategic collaboration to accelerate digital payment innovation and expand financial inclusion in Morocco.
The collaboration will bring advanced payment technologies to the Moroccan market, enhancing acceptance for Mastercard branded cards across all merchant touchpoints, including e-commerce, mobile commerce, in-app payments, in-store payments and recurring billing.
Airtel reintroduces Airtel Money Global Pay to boost digital transactions
DAR ES SALAAM : Airtel Money Tanzania has officially reintroduced its virtual payment card, Airtel Money Global Pay, a secure and seamless digital payment solution tailored for today’s borderless digital lifestyle.
The virtual card, powered by Mastercard and Network International, is now exclusively available through the MyAirtel App and enables customers to make secure, real-time international payments for shopping, studying, entertainment or travel directly from their mobile phones without the need for a bank account.
Speaking during the launch held in Dar es Salaam, Airtel Money Board Chairman, Mr Adolf Kasegenya, said the initiative supports the Government’s borderless agenda aimed at modernising the national payment infrastructure, reducing dependency on cash, and expanding access to the global digital economy.
Read more: https://dailynews.co.tz/airtel-reintroduces-airtel-money-global-pay-to-boost-digital-transactions/
Big payment changes in South Africa are coming
The South African Reserve Bank (SARB) is in the process of making significant changes to the country’s payment landscape and is proposing two new policies as an interim step.
The prosals have broad definitions of payment activity, and any non-bank businesses with some sort of transfer facilities (like e-wallets, for example) could be caught in the net.
Legal experts have warned these businesses to familiarise themselves with the coming changes to determine whether they are impacted or not.
Read more: https://businesstech.co.za/news/business/827948/big-payment-changes-in-south-africa-are-coming/
Digital Finance Africa 2025: Shaping the Future of Africa’s Fintech Landscape
Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge.
The continent’s cross-border payments market is projected to grow from $329 billion in 2025 to $1 trillion by 2035, fueled by fintech innovation and intra-African trade. This growth enhances financial inclusion, connecting millions to financial services via mobile money, which Africa leads globally.
Ripple IPO: Expert with Close Connections Reveals Potential Share Price
Ripple could be valued at approximately $30 billion, according to a recent statement by Sean McBride, a former director at the company. This sparked renewed interest in its potential share price if an IPO would ever occur.
In a post on X that quickly gained traction among crypto and fintech circles, McBride referenced Ripple’s latest tender offer as the basis for the valuation estimate. McBride also noted that although the company is not looking for an IPO in the short-term, it may look for it in the future. Reacting to this, a user wanted to know what that would suggest about the per-share value of Ripple. To this, McBride answered, “$175.”
PayPal to bring stablecoin to Stellar Network
Already available on Ethereum and Solana, PYSUD will come to Stellar pending regulatory approval by the New York State Department of Financial Services.
PayPal says that PYUSD on Stellar can be used for fast, affordable real-world payments, remittances, commerce, and micro-financing.
The move would give the stablecoin access to Stellar’s vast network of on and off ramps, providing additional access through digital wallets, and connected to local payment systems and cash networks.
Read more: https://www.finextra.com/newsarticle/46141/paypal-to-bring-stablecoin-to-stellar-network
