MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal merchants. Over 95% of transactions in South Africa’s informal sector are still cash-based, exposing traders to theft, limiting access to credit, and excluding millions from the formal economy. MTN says MoMo Pay is a response

The post MTN enters payments market with MoMo Pay targeting cash-heavy informal sector first appeared on Content Krush.

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