Nigerian fintechs have had a mixed relationship with cards. In the past, some offered foreign-issued cards like Visa and Mastercard to acquire customers and encourage online spending. However, as Nigeria’s economy worsened and bank transfers grew, fintechs began ditching foreign card schemes in favour of local alternatives or stopped offering cards altogether to cut costs
The post Correction: Nigerian startup, Allawee, wants to restore fintechs’ confidence in cards first appeared on Content Krush.
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