African countries reach e-commerce tipping point – PayU report

South Africa’s m-commerce up 35%, Nigeria is Africa’s biggest e-commerce market, and Kenya primed for massive growth

Multiple factors have combined to bring African countries to an e-commerce adoption tipping point, creating more opportunities than ever for online and omnichannel merchants. This is particularly true for merchants in fashion, beauty, education, and digital goods.  This evolution has seen the emergence of more digitally savvy shoppers with strong…

Income and Wealth not the Driver for Prosperity in High-Growth Markets, Finds New Global Study

Three quarters think their government has a responsibility to improve access to financial services

Three quarters of people with a below-average income for their country report feeling prosperous; Six in ten people across high-growth markets say access to financial services has helped improve their prosperity; Three quarters think their government has a responsibility to improve access to financial services. A landmark study into the…

PayU launches operations in Kenya to enable global organisations seamless access to East African markets

The countries with the highest economic growth include Rwanda, Kenya and Tanzania, with the service sector the primary driver of growth for the latter two

Economic growth in the East Africa region is estimated to remain at a steady 5.9% in 2019, a significantly higher percentage than North Africa at 4.9% and Southern Africa at 1.2%, according to the African Development Bank (http://bit.ly/2MBOn3L). The countries with the highest economic growth include Rwanda, Kenya and Tanzania, with…

PayU Nigeria Goes Bigger on Online Payments with PayU Receive

Businesses in Nigeria can securely request and receive payments directly from their customers without any hassles using PayU’s (www.PayU.com.ng) innovative and secure product called PayU Receive (www.PayU.com.ng/payu-receive). PayU Receive is a secure payment solution that facilitates business-to-business and business-to-consumer payments easily via email or SMS. It allows businesses to make…

PayU Nigeria Introduces a convenient payment solution for recurring bills

PayU Nigeria (www.PayU.com.ng) introduces PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring bills or subscription payments in a seamless way.  Country Manager of PayU Nigeria, Ms Juliet Nwanguma said: “PayU Subscription is an innovative product for businesses who…

PayU moves to connect businesses to N200bn online payment market

PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market

PayU (www.PayU.com.ng) has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma,  says, “In order to pursue PayU’s aggressive…