Thursday 12 March 2015

Cards and Payments 2015

The last two days at the Cards and Payments 2015 in Johannesburg was a great event to attend and even better to get a chance to speak to (and with) key players in the Africa payments environment. Social Payments was a big theme in the event, and it was predicted that the next wave of new and exciting developments in the payment industry will be social.

M-Changa had the unique opportunity to show how social payments in Africa will develop very differently from markets like Asia and North America. Traditional pan-African cultures of reciprocal giving via social payments around life events, offers the perfect bedrock for a host of social payment products to be developed.  Fascinating potential hybrids of traditional social security and pension programs were envisaged – with big data of social payments over mobile being used for matching programs by governments. Indeed, M-Changa had a chat with the South African Social Security Agency about our product and its impact in Kenya in the last two years.

See the Twitter feed and conversations about the conference at #cardsafrica

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