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Payments – Page 148 – DIGIT INFO

Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa

Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, … Read more

US Dollar Losing Dominance as a Means for Settling Transactions in Africa

The dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in the continent of 1.2 billion transacted via the US dollar than they did with their local currencies … Read more

Top 6 Cryptocurrencies With the Highest Payment Transaction Volume – 2018 Week 40 Edition

Determining the value of a particular cryptocurrency can be done in many different ways. Looking at the overall transaction count is one option, although not all transfers pertain to payments. New data by CoinMetrics and OnChainFX shows the following currencies generate the most payments per 24 hours as of right now. The currencies are ranked … Read more

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