Acceptance is inclusion: Low-cost ways to unlock the power of digital payments for micromerchants

But what about the unbanked? In South Africa, uKheshe is a local platform that is collaborating with Mastercard to enable informal traders, street vendors and casual laborers who don’t have a bank account to accept digital payments through Masterpass. Instead, the merchant can accept payment by QR code into an e-wallet, which they can cash out or use to shop for goods in select stores.

Read the full article https://mastercardcontentexchange.com/perspectives/2020/acceptance-is-inclusion-low-cost-ways-to-unlock-the-power-of-digital-payments-for-micromerchants/

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