Ghana Minister calls for Pan-African payment system
Hon Ursula Owusu Ekuful who is the Ghanaian minister for Communication and Digitalization has urged African FinTech
companies to create our own international online payment system to stop our dependence on international brands like
MasterCards, Visa cards and American Express for electronic payments
You think those companies would sit down and watch their market share be eroded. For $100m from them, I would frustrate the efforts of their competitors.
Low IQ low self esteem defeatist mentality.China has its system and so do Russia.
They would only succeed in frustrating the effort if Africans agree to sabotage.
China has population advantage, so does India with RuPay. Russia’s Mir is not doing that well. For Africa, we are deeply fragmented to have our “own” system. If it can be regional based, i can support. There is no way Nigerians are handling my few coins.