Mobile money is one of Africa’s most important payment rails, powering everyday transfers, merchant payments, and cash-in, cash-out through wallets like M-PESA, MTN MoMo, Airtel Money, Orange Money, and Wave. For many users, it is the fastest path from cash to digital value, especially where card penetration is low and connectivity varies. As a result, mobile money shows up across Fintech, E-commerce & Retail, and even Communication & Social products.
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