Mastercard, TeamApt tackle payment barriers facing African businesses
With that reach, the partnership could help push digital payments deeper into Nigeria’s informal economy, where accessibility, reliability and the ability to accept diverse payment methods can determine whether a small business wins or loses a customer.“Expanding digital payment acceptance is one of the fastest ways to support small businesses across Africa to compete, grow, and reach more customers,” she said.
The partnership comes at a time when businesses are increasingly relying on digital tools to survive and grow, but payment reliability, access to infrastructure and the ability to serve international customers remain major hurdles.
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