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USSD Enabled E-Wallets App Development Will Realize A Cashless Africa
The market requires mobile payment services that will address the need of the majority, the unbanked population.

E-Wallets App Development 2020 is the year when we are about to witness a massive increase in the adoption of contactless payments worldwide. People were already shifting to mobile payment options and then the Covid-19 outbreak fueled the growth of the cashless society even more. Since more than one-fourth of the world is locked down,  technology is the only option left for people to peak out and interact with each other.

 

At this moment, scaling mobile payments in the African region requires targeting both the type of customers – smartphone customers and feature phone customers. There are also constraints such as lack of digital familiarity, which USSD enabled e-wallets app development can address. Because of the infrastructure's unavailability, the mobile app-only e-wallets aren’t a feasible payment solution for Africans. The market requires mobile payment services that will address the need of the majority, the unbanked population.