May 08

AFK Insider – Why Is East Africa A Global Leader In Mobile Remittances?

AFK Insider

“East Africa has established itself as a global leader in mobile remittances, and TerraPay is the latest mobile payments platform to enter the crowded space with its launch in Tanzania. The global company has obtained regulatory approval to launch international money transfer services to mobile wallets in Tanzania.There are good reasons why companies are flocking to the region. There are huge opportunities in Africa’s mobile remittance segment due to a large number of people living and working abroad who send money home for investment and family support.”

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