Africa’s digital payments projected to reach $1.5 trillion by 2030
Mastercard's digital payments economy in Africa is projected to reach $1.5 trillion by 2030. The MADE Alliance aims to provide digital access to 100 million businesses and individuals over the next decade.
How can financial inclusion unlock sustainable growth?
More than 50% of consumer transactions in South Africa are conducted in cash. Almost a quarter of South Africans are unbanked, potentially holding R12 billion in cash outside of banks.
