MTN South Africa Launches MoMo Pay to Digitize Informal Sector Payments, Driving Financial Inclusion

MTN South Africa has introduced MoMo Pay, a low-cost digital payment platform tailored for informal merchants. The platform aims to digitize the cash-heavy informal sector. This move is part of the telecom giant’s vision to drive financial inclusion and economic participation among underserved communities. In South Africa, cash remains significant particularly in the informal sector [...]The post MTN South Africa Launches MoMo Pay to Digitize Informal Sector Payments, Driving Financial Inclusion appeared first on Tekedia.

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